Mastercard launched Mastercard Fleet: Next Gen in Asia Pacific, a portfolio of solutions that expands fleet payments beyond fuel to support the full range of mobility needs for fleet operators today.
“Fleet needs vary widely across Asia Pacific, and connecting payments, data and controls into a single experience reflects what fleet managers require,” says Anouska Ladds, head of commercial and new payment flows, Asia Pacific, Mastercard. “Mastercard’s fleet solutions are designed to help specialist fleet issuers and payment providers bring advanced fleet capabilities to market faster, while reducing the complexity and investment typically required to build these capabilities.”
Key takeaways:
· The solutions are strategically engineered to support different market maturities and customer segments – from SMEs with small fleets to large logistics operators.
· Mastercard Fleet: Next Gen unifies payments data, turning transactions into actionable insights embedded across fleet management workflows.
· Other features include global acceptance across millions of locations, including fuel, EV charging, maintenance, tolling, and ancillary fleet spend; network-based fleet data captured at the point of sale, aligned with global standards; a set of market-specific solutions that enable enhanced data capture at forecourts and fleet-related merchants; digitally assigned and issued fleet cards for vehicles or drivers for seamless contactless or mobile payments, as well as specific virtual card solutions tailored to fleet use cases; and integration with established technology, including mobility platforms, acquirer networks and fleet management tools.
· Mastercard enables fleet program owners to deliver smarter authorization controls and spend policies by vehicle, driver, merchant category, location, time, and amount; fleet data management to support compliance, accounting, and analytics, enabling better cost management and improved forecasting; and real-time monitoring of fraud and misuse, adaptable to operational fleet needs.
