How Vehicle-Based Transactions Cut Costs and Fraud
Thursday, February 20, 2025
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Posted by: Sierra Lindemann
Traditional fleet cards come with fraud risks, manual errors and inefficiencies—but a new whitepaper from Car IQ and Visa suggests a smarter alternative. By embedding payment credentials directly into vehicles and using real-time telematics for authentication, businesses can reduce card fraud, automate transactions and improve compliance. A featured case study shows companies using Car IQ’s system cut annual fuel expenses by 13.6% due to fraud reduction.
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