Visa launched Visa Commercial Integrated Partners, a program to help businesses embed payments into their products and platforms. The program is designed to cover companies ranging from ERP platforms that streamline reconciliation processes to connected commerce applications that enable in-vehicle fleet transactions, Visa said in a Tuesday (May 21) news release provided to PYMNTS. “Visa Commercial Integrated Partners is providing the ecosystem, technology and framework for innovative FinTechs and other business application providers to integrate payment functionalities into their platforms with ease and enable Visa credentials offered by Visa Commercial issuers,” the release said

ZIONSVILLE, Ind.--(BUSINESS WIRE)--Rahal Letterman Lanigan Racing (RLL) announced today that Car IQ Inc., a leading innovator in vehicle payment solutions, will be the “Official Autonomous Payment Platform” of the team and an associate sponsor on the team’s No. 15 Honda-powered entry for Graham Rahal during the 2024 NTT INDYCAR SERIES season. San Francisco-based, Car IQ Inc., enables commercial fleet vehicles to connect directly to merchants and banks and pay without a credit card. The cutting-edge platform utilizes vehicle and payment data to create a one-touch payment experience directly from a driver’s phone. “We’re thrilled Rahal Letterman Lanigan Racing has chosen Car IQ as their official payment partner,” said Sterling Pratz, CEO and Founder of Car IQ Inc. “Using Car IQ, RLL will now be able to connect their race transporters to fuel stations across the country as they travel from race to race

SAN FRANCISCO--(BUSINESS WIRE)--Car IQ Inc. announced a strategic partnership with Lewis Clark Bank to offer a new credit line to its fleet payments service, allowing medium and large fleets to manage their operating expenses more effectively. For the first time ever, the vehicle will connect directly to the fleet owner’s credit line and pay for services such as fuel, tolls, repair and more nationwide. With this new program, businesses are now removing the driver from the management of their daily credit spend by transferring the purchase power to the vehicle. This new way to charge for daily vehicle expenses eliminates any potential misuse of the fleet's credit line by using vehicle and transaction data to precisely calculate the vehicles available credit. This new way to pay enables access only when vehicle services are needed and for the exact amount requested at the time of the transaction