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Better Data, Better Control: The Benefits of Closed Loop Networks

Better Data, Better Control: The Benefits of Closed Loop Networks

Better Data, Better Control: The Benefits of Closed Loop Networks

Now more than ever, fleet managers must tightly monitor and contain costs. Doing so requires the right information presented in the right way.

With their ability to electronically capture data, payment cards make it easy for fleet managers to track and record spend. But the type of network the card uses to process those expenditures matters more than you might think. Cards on a closed loop network may capture more in-depth transaction data than those on open loop platforms, in turn leading to tighter security and greater administrative flexibility.

By WEX Inc.

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