Financial News
CLC Lodging Releases New Virtual Payment Option, Continues Expanding Beyond Lodging With Comprehensive Travel and Expense Management Solutions
CLC Lodging, a FLEETCOR company, announced that the company is broadening its services beyond travel management to offer the CLC Trip Card, a new virtual credit card option that allows CLC members to pay for their meals, fuel and other travel and business-related expenses while on the road.
“In a time where workforce travel may feel more challenging than ever, we are thrilled to expand our travel expense control offerings with the CLC Trip Card,” said Ron Rogers, group president of FLEETCOR’s Lodging Division. “Our customers have asked for a simpler way to manage their employees’ per diem expense. This virtual, contactless payment solution allows businesses to minimize reimbursement time and costs, while providing employees with access to funds when they need them on the road.”
How the CLC Trip Card works:
1. Issue virtual cards on the CLC website: Employers can issue individual or multiple virtual CLC Trip Cards for crews at once and activate the cards for specific days or link to existing reservation dates. Employers set the spending limits and assign project codes for expense tracking.
2. Start spending instantly: Travelers immediately receive a notification to access their virtual, contactless CLC Trip Card from any device with the option to add the card to their Mobile Wallet. Employees no longer need to worry about using their personal card for business and travel related expenses.
3. Track expenses and savings: Recapture any unused per diem, control where employees spend their funds, and seamlessly track expenses with assigned project codes.
“Over the past year, we’ve seen companies increasingly prioritize digital, contactless payment solutions as a way to promote hygiene and safety during the COVID-19 pandemic,” said Ron Shultz, executive vice president, New Payment Flows, North America at Mastercard. “Our partnership with CLC Lodging and Comdata will bring this solution to countless more employees. Additionally, virtual cards help businesses streamline their expense processes, and provide employees a fast, simple, and secure payment method.”
To learn more about the new CLC Trip Card and CLC’s comprehensive suite of travel and expense management solutions, visit CLClodging.com.
About CLC Lodging
CLC Lodging, a FLEETCOR company, is America’s workforce lodging leader, leveraging $1.4 billion in purchasing power to save travel programs over $420 million on hotel stays. For more than 43 years, CLC Lodging has helped companies optimize return on their travel investment and continues to streamline travel and expense management today. Find out more at clclodging.com, and for the latest news, follow us on LinkedIn, Facebook, and Twitter.
About FLEETCOR
FLEETCOR (NYSE: FLT) is a leading Global Business Payments Company that simplifies the way businesses manage and pay their expenses. The FLEETCOR portfolio of brands help companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. FLEETCOR serves businesses, merchants and partners in North America, Latin America, Europe and Asia Pacific. For more information, visit www.FLEETCOR.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210413005240/en/
Contacts
Erica England, APR
Arketi Group
904-803-8808
eengland@arketi.com
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.