back Back

Relay Payments launches fraud-free digital fuel payments

By Delisha Fernandes

June 15, 2023

  • B2B Merchants
  • Banking fraud
  • costing fleets
Share

Relay PaymentsRelay Payments, a FinTech company building a digital payment network in the transportation, logistics, and supply chain industries, is launching its digitised diesel payment platform at Pilot Company’s network of travel centres.

With Relay Payments now available at over 800 of Pilot Company’s travel centres, millions of truck drivers visiting one of these locations daily can now access reliable, digital, fraud-free payment transactions.

“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. We are excited to offer Relay Payments across our extensive travel centre network and to bring cutting-edge technologies to the trucking industry.”

“Fuel fraud and outdated payment technologies hurt the entire supply chain, costing fleets, merchants, and drivers hundreds of millions yearly,” said Spencer Barkoff, co-founder and president of Relay. “By offering our services at Pilot Company locations, we can provide reliability, security, and flexibility for carriers and drivers, all while reducing fraud.  We are fortunate to build products that solve the industry’s biggest challenges, and we couldn’t be more excited to work with Pilot Company to bring these products to millions of drivers.”

Relay introduced its fast, secure digital payment solution in 2019 to eliminate long delays that forced drivers to wait hours for payment approvals and authorisations. Fleets eagerly adopted the industry-leading system resulting in instant payment transactions and more time maximising hours of service. Relay’s payment network has expanded rapidly, allowing fleets nationwide to make fast and secure over-the-road payments.

Previous Article

June 15, 2023

Intesa Sanpaolo’s Isybank live on Thought Machine’s technology

Read More
Next Article

June 15, 2023

Inkle launches new cross-border payments product

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

B2B Merchants

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Storfund & Mangopay to ease cash flow for marketplace sellers

Read More

Today

Revolut teams with Jabil to scale development of mobile payment solutions

Read More

Today

Worldline partners with Google to enhance cloud-based innovation

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023