This partnership with Mastercard will accelerate AtoB’s mission to deliver superior customer value to its small business transportation operators.
AtoB, a fintech payments platform modernising the trucking industry’s financial system, announced a new partnership with Mastercard making them the exclusive payments network for AtoB’s commercial credit card program. Both companies will work to bring greater payment efficiencies to the trucking industry and improve the lives of the operators and drivers who help power the global economy.
Sherri Haymond, executive vice president, Digital Partnerships at Mastercard, said, “Over the past few years, supply chain challenges have demonstrated our global reliance on the freight sector and reinforced the importance of digitisation in this space. Through Mastercard’s new partnership with AtoB, we will leverage our expertise, technology, and innovative thinking to enhance AtoB’s fuel card program and deliver innovative payment experiences that will unlock more value for operators and drivers alike.”
Vignan Velivela, co-founder and CEO at AtoB, said, “This new partnership with Mastercard will accelerate our commitment to delivering modern payment and logistics tools to help fleet managers track spending, save money, and strengthen overall fleet performance. The majority of fleet companies are small businesses, which must operate with maximum efficiency in a competitive market. Through AtoB’s new partnership with Mastercard, we will continue to deliver digital resources and advanced systems that foster digital transformation for the trucking industry.”
AtoB’s platform provides a specialised suite of tools for the trucking industry, including no-fee fleet cards, instant direct-deposit payroll, access to bank accounts, and savings tools. Its AtoB Fuel Card offers discounts of up to 84 cents per gallon and advanced analytics that improve security and efficiency for small businesses.
Lance Thayer, CEO of J & L Line Services, said, “AtoB not only delivers an exceptional fuel discount and industry-leading data tools to help our fleet operate with greater efficiency. The company’s reporting tools and 24/7 support have helped us reduce total fuel costs and save thousands per driver, in addition to streamlining processes for our finance teams.”
The rollout of the new card system will begin in the first half of 2024. Existing customers will receive their new Mastercard cards by mail. Existing cards will continue to work until new cards are activated.
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