Citing increased bad debt exposure and volatile fuel costs, Comdata announced it is expanding its new percentage-based pricing structure for truckstops and travel plazas.
According to truckstop organization NATSO, travel plaza and truckstop customers completing between 1,000 and 5,000 transactions per month will be switched from a flat-based fee to a charge based on a percentage of the face amount of the Comchek transaction.
A year ago, Comdata customers that process fewer than 1,000 transactions a month were switched to the percentage-based fee. At that time, Comdata indicated it would phase in such fees to all Comchek card transactions.
The new fee structure goes into effect Aug. 13.
According to truckstop organization NATSO, travel plaza and truckstop customers completing between 1,000 and 5,000 transactions per month will be switched from a flat-based fee to a charge based on a percentage of the face amount of the Comchek transaction.
A year ago, Comdata customers that process fewer than 1,000 transactions a month were switched to the percentage-based fee. At that time, Comdata indicated it would phase in such fees to all Comchek card transactions.
The new fee structure goes into effect Aug. 13.
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