Relay Payments, a fintech company building a digital payment network in the transportation, logistics, and supply chain industries, is launching its digitized diesel payment platform at Pilot Company's network of travel centers.
"We take fraud protection seriously and are always looking for innovative solutions to support the needs of our fleet customers," said David Hughes, senior vice president of sales for Pilot Company. "Digital payment technologies like Relay provide fleets with enhanced anti-fraud capabilities and improve the ease of commercial diesel transactions."
Fleets of all sizes can continue to leverage their existing savings and direct billing arrangements with Pilot Company on the Relay platform. Carriers also benefit from Relay's fraud mitigation measures, contactless technology, transparent fees, and access to 24/7 U.S.-based customer support, Relay Payments said in a press release.
"Fuel fraud and outdated payment technologies hurt the entire supply chain, costing fleets, merchants, and drivers hundreds of millions of dollars each year," said Spencer Barkoff, Relay co-founder and president. "By offering our services at Pilot Company locations, we are able to provide reliability, security, and flexibility for carriers and drivers, all while reducing fraud."
Relay first introduced its secure digital payment solution in 2019. Instant payment transactions save drivers time and helps maximize hours of service. Relay's payment network has continued to expand.
Relay said it has joined forces with major fleet and brokerage companies such as Coyote Logistics, J.B. Hunt, Old Dominion Freight Line, and others to streamline those companies’ payment processes and optimize operations.