Fleet Payments news and trends

Mastercard and Vodafone Launch UK Embedded Payments Partnership
Partnerships // October 10, 2024

Mastercard is rolling out new embedded payments technology for the freight, shipping and logistics sectors. The rollout, announced Thursday (Oct. 10), is focused on the U.K. and Europe, and happening in partnership with Pairpoint, Vodafone and Sumitomo Corporation’s Economy of Things business. The new collaboration...

TreviPay Debuts Expansion to Its Dealer Management System
B2B Payments // September 25, 2024

TreviPay has introduced enhancements for dealer management systems for commercial equipment dealers servicing fleets. “In addition to providing a smooth onboarding and integration process, TreviPay’s advanced API technology captures transaction line-item details in real time,” the B2B payments/invoicing network said in a news release Wednesday...

Corpay Reduces Bad Debt Expense 20% by Targeting Larger Fleets
Earnings // August 07, 2024

Corpay is pursuing different projects in different regions as it works to grow its fleet payments business. During the second quarter, the corporate payments company’s international fleet business performed “exceptionally well,” while its North American fleet business “presented a drag on growth,” Corpay CEO Ron...

Coast Raises $40 Million to Expand Solutions for Fleet Payments
Investments // July 18, 2024

Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. The company will use the new funding to grow its team, develop its product and partnerships, and expand to other financial services needed by business customers,...

Quick Reads
Corpay Vehicle Payments Business Helps Drive Profit

November 10, 2024
The corporate and vehicle payments business has been very good to Corpay. The business payments firm’s most recent quarterly earnings, reported Thursday (Nov. 7), showed a 6% increase in adjusted profit, driven by growth in those segments. “Business fundamentals were quite good with same store sales and retention improving and sales remaining strong,” CEO Ron Clarke […]

Mastercard and Vodafone Launch UK Embedded Payments Partnership

October 10, 2024
Mastercard is rolling out new embedded payments technology for the freight, shipping and logistics sectors. The rollout, announced Thursday (Oct. 10), is focused on the U.K. and Europe, and happening...

TreviPay Debuts Expansion to Its Dealer Management System

September 25, 2024
TreviPay has introduced enhancements for dealer management systems for commercial equipment dealers servicing fleets. “In addition to providing a smooth onboarding and integration process, TreviPay’s advanced API technology captures transaction...

Corpay Reduces Bad Debt Expense 20% by Targeting Larger Fleets

August 07, 2024
Corpay is pursuing different projects in different regions as it works to grow its fleet payments business. During the second quarter, the corporate payments company’s international fleet business performed “exceptionally...