Visa Fleet makes it easy to spend on mobility
Visa Fleet offers businesses flexible and innovative payment solutions to enhance fleet management productivity.
As the world of fleet management continues to evolve, Visa aims to help businesses better manage transactions and employee mobility expenses with flexible and secure solutions. These solutions offer features such as expense controls, enhanced data reporting, and real-time dashboards. These functionalities facilitate transaction authorization and help mitigate payment misuse in the field, which has increased tenfold over the past year¹. As fleet needs evolve, new reporting solutions are required. Visa Fleet also enables the inclusion of alternative energy payments, recognizing that the number of electric vehicles in fleets is increasing by 50% per year².
Simplified payment solutions
With Visa Fleet, payments can be streamlined through a single solution that offers flexibility, efficiency, and security for fleet-related purchases. Operators can manage their fleet in line with the evolving fuel types, vehicles, and technologies. Fuel card issuers can strengthen existing relationships, attract new customers, and increase revenues by offering versatile solutions. Existing fuel programs can be adapted to enhance security features and create new revenue streams by managing expenses beyond fuel. Mobility fintechs can market integrated, seamless, and efficient solutions more quickly with our innovative offerings.
Enhanced fraud control
Authorizing a specific merchant, creating a fuel-only program, or setting various spending criteria for employees—all this is possible thanks to Visa Fleet’s sophisticated expense controls and built-in security features. Clients benefit from advanced security, improved data visibility, and efficient reconciliation thanks to Visa Fleet’s enhanced chip technology and cardholder messaging. They can implement flexible purchasing options for closed-loop, open-loop, or hybrid systems wherever Visa is accepted worldwide.
¹ Analysis by a global consulting firm with industry experts, 2023
² Refers to card transactions in the United States, 2021, NFCW.com via EMVCo
More flexibility
Visa Fleet redefines the concept of the fuel card. Programs can be easily reconfigured to adapt to the evolving challenges of fleet management. Fleet managers gain greater control over expenses with extensive merchant controls and card limits for both fuel and non-fuel purchases. They can easily lift spending limits for urgent repairs or unexpected expenses using virtual card payments.
Contact us to learn more: fleeteurope@visa.com
