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Comdata Seeks to Raise $855M In Financing

Payment processor Comdata is seeking to raise $855 million in debt financing as part of a plan to retire some of its parent company's debt ahead of the Comdata initial public offering.

Comdata Acquires Fuel Management Vendor

Fleet fuel-card supplier Comdata Inc. has acquired eFueling Technologies, a fuel management company owned by Woodfin Oil Company and based in Austin, Texas.

The Evolution of Fuel Management

Advancements in technology have significantly impacted the ability for fleet managers to track fuel use and spending to make their operations more efficient and cost-effective.

Comdata Launches New Mobile App

BRENTWOOD, TN - The app features on-the-go account and card maintenance functionality, including the ability to update the status of cards, perform one-time overrides, and update card information fields.

Comdata Launches Cardless Fueling Program for Fleets

BRENTWOOD, TN - The cardless program uses radio frequency identification (RFID) technology to initiate transactions at the fuel terminal, instead of requiring the presence of a card to facilitate the process.

CHS Selects Comdata for Retail Locations

BRENTWOOD, TN — Comdata announced its Smart Solutions point-of-sale systems will serve as an approved option for CHS’s 1,400 convenience stores nationwide.

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