Executive Briefings

PEX Card Launches Web-Based Payment Card for Truck Fleets

PEX Card, provider of a prepaid debit card for businesses, has launched the Fleet Card Alternative.

PEX Card Launches Web-Based Payment Card for Truck Fleets

The Web-based expense management and payment service allows truck fleet managers and business owners to instantly add and delete other merchant categories, enabling drivers to purchase non-fuel items when needed. The card includes no credit or charge line restrictions. Fleet owners and managers fund cards on their financial schedules. Driver cards can be restricted to "pump only," and drivers no longer need to enter identification numbers or odometer readings. Cards are authorized for use at any location that accepts Visa. The new platform allows business owners to provide cards to non-drivers as well.

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The Web-based expense management and payment service allows truck fleet managers and business owners to instantly add and delete other merchant categories, enabling drivers to purchase non-fuel items when needed. The card includes no credit or charge line restrictions. Fleet owners and managers fund cards on their financial schedules. Driver cards can be restricted to "pump only," and drivers no longer need to enter identification numbers or odometer readings. Cards are authorized for use at any location that accepts Visa. The new platform allows business owners to provide cards to non-drivers as well.

Read Full Article

PEX Card Launches Web-Based Payment Card for Truck Fleets