Comdata has updated its fund-transferring mobile app that allows trucking industry professionals to now be able to make larger transfers for settlement, driver advances, repairs, and fund employees.
Comchek Mobile, which digitizes Comdata’s paper Comchek and Express Code payment offering, was introduced in 2017 to help the trucking industry more conveniently send, receive and use funds related to their driver payments and loads, Comdata said in a release. Using a Comchek Mobile debit card tied to the smartphone app, businesses can now send or receive funds from other individuals or businesses within the mobile network.
Individuals or businesses who utilize Comchek Mobile can register and establish a user profile that matches their legal and business standing.
Transferred funds are used via debit card for point-of-sale purchases, ATM withdrawals, bank transfers and discounted fuel and hotels at Comdata Proprietary Network locations. The business user functionality also provides Comchek Mobile users with an easy way to fund drivers.
Notes can be applied to all transactions, to simplify audits and reporting.
To register, users must download the Comchek Mobile app and enter business-specific details on behalf of their company. Upon approval, a Comchek Mobile Comdata card is issued with the business name embossed on the card.
Related: Inside the Small Fleet
Originally posted on Fleet Financials