Fuel transactions may be as easy as swiping a card or automatically identifying a truck and activating a pump using RFID signals. Other kinds of over-the-road transactions continue to require phone calls, paperwork and trips to the bank to deposit checks to complete.
Approving and paying for mobile repairs and towing services, freight handling (lumpers), late fees and other accessorial charges for loads are a few examples.
In 2016, Robin Gregg left FleetCor to become chief executive of RoadSync, a startup that was in the process of developing a mobile payment system for the transportation industry. The company launched the platform in 2017.
Gregg has more than 15 years of experience working for electronic payment providers, including seven years with FleetCor, which acquired Comdata in 2014.
“I was definitely drawn to doing more in this space. There are lots of problems to be solved,” she says. “I am excited about what can be done. We want to help businesses reduce paper and phone calls.”
She describes RoadSync as a cloud-based point-of-sale platform that has invoice generation and workflow tools designed for people and businesses to request and accept payments digitally. Think of it as a version of Square that was built specifically for handling payments in the transportation industry.
“We figured out how to create an experience that works for logistics and transportation by using industry-specific forms and workflows,” she explains.
