COMDATA PAYMENT PROCESSING COOPERATIVE
LOWER TRANSACTION FEES, GREATER SECURITY FOR OWNERS
The Comdata Payment Processing Cooperative is a new way for gas station, truck stop, and travel center owners to manage credit card transaction fees at their locations.
By joining the cooperative, owners are able to leverage the size and industry status of Comdata and its collective merchants to negotiate transaction rates that are more favorable than the industry average.
STRENGTH IN NUMBERS
The Comdata Payment Processing Cooperative is designed to provide smaller, independent owners with many of the same benefits that the largest fueling chains currently receive.
These benefits go beyond price negotiations for card transactions to include security technologies such as end-to-end encryption and data tokenization during the sale process.
By working directly with payment processors and acquirers, Comdata will be able to actively pass these and other security integrations on to our customers — at a fraction of the price to implement the technology on their own.
Making payment processors compete
By joining the Payment Processing Cooperative, owners will be able to utilize Comdata’s negotiating power as an industry leader to force payment processors to compete with each other over providing the best rates and conditions.
Comdata has already launched a pilot program for the cooperative with 12 owners, and through negotiations with a major payment processor, the program reduced transaction costs by 10%.
Joining the cooperative is easy for existing Comdata customers, and membership can be bundled along with any existing Comdata software and hardware agreement.
CLIENT TESTIMONIALS
Here’s what Comdata clients are saying about our products and services.
“Comdata’s staff has always been professional and expedient with their replies to my questions and issues… as a longtime customer, I strongly suggest you use Comdata for your truck stop and c-store needs.”
Steve Groetken, Petroleum Wholesale
“Comdata has been a great partner and excels in reliability, exceptional products and top-notch customer service. We have benefited greatly on doing business with them over the years.”
Steve, Northwest Pump and Equipment