ULTEA, a fleet leasing and management company headquartered in Madison, has introduced the ULTEA MasterCard Corporate Fleet Card. The card can be assigned to a specific driver or a specific vehicle. When assigned to a vehicle, card use is restricted to fuel and maintenance. The fleet manager can determine which merchant categories the card can be used for, such as for fuel and/or maintenance. A fleet manager can pre-set spending according to merchant category, location, frequency of transactions, and amount of purchase. “Transactions that are not within the pre-determined limits will not be authorized at the point of sale,” said Keith Kreps, president and CEO of ULTEA. In addition, management reports are available.
0 Comments