Payments, fraud and risk management specialist The AI Corporation (AI) has launched its ‘next generation’ fuel card solution, EazyFuel.
It brings together AI’s global, cloud-based, omni-channel (B2C and B2B) payment processing gateway, fraud and risk management capability, and its rules-based, advanced restrictions, to fuel payments for the first time.
EazyFuel supports a complete range of issuing, acceptance, acquiring, switching, processing, risk and analytics functions for fleets, fuel card providers and fuel retailers.
Dr Mark Goldspink, CEO of AI, said: “EazyFuel has been developed specifically to meet the demands of tomorrow’s fuel and forecourt payments markets. An end-to-end offering that is constructed to target several gaps in the market place.
“EazyFuel enables retailers and issuers to do what they do best - run their businesses with the confidence that their transactions are protected by a best-of-breed fraud prevention system. Unlike other providers, AI’s goal is not to own end-customers, but to support issuers and retailers in growing sales fast and at low cost.”
Built on Microsoft Azure, EazyFuel is the key component of this new end to end fuel payments platform that combines control and convenience, cost-saving and innovation capability.
EazyFuel’s end-to-end solution offers a full suite of online and offline authorisation and settlement capabilities, coupled with AI’s fraud prevention technology.
The company says it can implement a replacement fuel card platform in eight months, with future implementations expected to be completed within three months.