Payment

In partnership with Reliance Partners …Payment solutions have evolved over time, from being cash-based in the 1950s to now using data analytics and AI over data streams coming out of fuel cards, to provide better safety and security to fleets and drivers.

Craig Fuller, Managing Director of BiTA, says that blockchain-enabled smart contracts will facilitate more detailed, specialized transactions without the high fees of credit cards.

In a world which carriers want to be paid quickly for their services, brokers have long turned to factoring as an option. Technology, though, is changing the payments business, and that means quicker payments for carriers and more cash flow flexibility for brokers.