Transflo and Comdata have joined forces to develop Transflo Wallet, a mobile-app-based cardless fuel payment solution. Transflo Wallet will enable freight brokers to send digital fuel advances to carriers and drivers through a mobile app, ultimately streamlining fuel transactions.
Fuel advances have long been a challenge for freight brokers, with conventional payment methods like checks and plastic fuel cards proving inefficient, costly, and susceptible to fraud. Transflo Wallet's app-based solution for drivers and brokers offers a more advanced security feature to protect carriers from fraud and unauthorized acces.
"As we assessed long-standing issues in the industry, fuel payments emerged as the natural next step in extending our broker and carrier automation capabilities," said Renee Krug, Transflo's CEO in a statement. "Our fuel solution builds on our connected digital ecosystem to empower our customers to overcome these challenges."
Transflo Wallet is designed for brokers to advance fuel payments to their carrier networks. The solution leverages Transflo’s mobile app technology with Comdata’s virtual card capabilities.
"Comdata has a deep commitment to reducing friction for the transportation industry," added Eric Dowdell, president of Comdata’s North American Trucking division. “We’re excited to partner with Transflo to deploy our cardless payment APIs to bring brokers more transparency, control, and a more simplified driver experience.”