Mastercard launched "Mastercard Fleet: Next Gen" in the Asia Pacific region. The new portfolio streamlines payments for commercial car and logistics fleets. The product expands beyond traditional fuel payments. It now covers electric vehicle charging, maintenance, and tolls.
The platform offers global acceptance at millions of locations. It features smarter authorization controls and improved data gathering at the point of sale. Operators gain real-time fraud monitoring and data management tools. These tools help fleet operators manage costs and improve forecasting.
The launch targets the fast-growing fleet management market in Asia Pacific. This market is projected to grow significantly.