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Comdata Introduces Pay-at-the-Pump Limits for its MasterCard® Corporate Fleet Card Customers
Brentwood, Tenn. — April 23, 2013
Comdata Corporation, a recognized leader in payment innovation, has introduced pay-at-the-pump limits for its MasterCard Corporate Fleet Card customers. This new functionality provides the fleet industry with the widest network for pump shut-off limits and controls, designed to help fleets better manage fuel expenses, reduce purchase declines and improve security.
Pay-at-the-pump limits allow Comdata to send transaction limit information to participating merchants, enabling automatic pump shutoff when the approved dollar amount is reached.
These new limits offer additional protection against fraud and misuse. The enhancement also creates an improved cardholder experience and allows for the completion of transactions that may have previously been declined. Moreover, because the process is automated with nearly 90 percent of merchants participating, it requires little or no system change for the merchant, Comdata fleet customers or the cardholder.
“Pay-at-the-pump limits are the direct result of customer feedback, as well as Comdata’s commitment to continued innovation,” said Randy Morgan, executive vice president of Comdata. “Our fleet customers see these limits as a valuable tool to help manage their fuel transactions and expenses more effectively.”