TIA announces fleet-commercial agreement with Comdata.
Press Release Summary:
In an effort to assist its members to increase sales in the fleet and commercial channel, TIA has entered into agreement with Comdata Corporation to endorse Comdata Maintenance Discount Network. Comdata specializes in providing electronic payment solutions to thousands of commercial fleets across North America. Through Comdata's network, TIA members now have access to cardholders who use Comdata to pay for services.
Original Press Release:
TIA Announces Fleet-Commercial Agreement With Comdata
Bowie, MD - In an effort to assist its members in increasing their sales in the fleet and commercial channel, the Tire Industry Association (TIA), one of the world's leading authorities on tires and wheels, has entered into an agreement with Comdata Corporation to endorse the Comdata Maintenance Discount Network. Through Comdata's network, TIA members now have access to cardholders who use Comdata to pay for services such as tire repairs. For more information on this program, visit www.tireindustry.org.
Comdata specializes in providing electronic payment solutions to thousands of commercial fleets across North America. Comdata's customer base includes light-duty and over-the-road equipment; thus, their customers are from both the commercial and retail tire markets.
TIA Executive Vice President Roy Littlefield noted, "With thousands of Comdata cardholders seeking maintenance facilities to service their vehicles, the opportunity for TIA members is significant. Comdata offers our members the ability to be paid at the time of service, which eliminates the need for holding receivables and waiting up to 90 days for payment."
"Comdata has a long-standing commitment to providing a wide range of solutions that create value for our customers, says Randy Morgan, executive vice president of sales. "And automotive maintenance is a key part of that. We know our customers want to use the Comdata Card for maintenance purchases, so developing a network of maintenance service providers is critical for us. That is why our relationship with TIA is such a valuable offering for our cardholders."
About TIA:
TIA is an international association representing all segments of the tire industry, including those that manufacture, repair, recycle, sell, service or use new or retreaded tires, and also those suppliers or individuals who furnish equipment, material or services to the industry. The Tire Industry Association (TIA) has a history that spans more than 80 years and includes several name changes. Originally known as the National Tire Dealers & Retreaders Association (NTDRA), the organization gave birth over the years to the American Retreaders Association (ARA) and the Tire Association of North America (TANA). ARA changed its name to the International Tire & Rubber Association (ITRA) and merged with TANA in 2002 to form the current Tire Industry Association (TIA), which now represents every interest in the tire industry. For more information, visit www.tireindustry.org, or call 800.876.8372.
About Comdata:
Comdata Corporation is a leading business-to-business provider of innovative electronic payment solutions. As an issuer and a processor, the company enables more than $23 billion in fleet card, credit card, pay card and virtual card transactions annually. Over 1.8 million Comdata cards are issued annually, and active cards at any given time total approximately 1.5 million. With state-of-the-art technology and redundancy, Comdata captures and reports detailed transaction data, empowering its customers to analyze their spending patterns in order to gain unprecedented control of their expenses. Other Comdata solutions include truck stop point-of-sale (POS) systems, regulatory compliance programs, and receivables financing options. Comdata provides solutions to over 25,000 customers in four primary industries: fleet, aviation, construction and retail/hospitality. Founded in 1969 and headquartered in Brentwood, Tennessee with more than 1,000 employees in the United States and Canada, Comdata is a wholly owned subsidiary of Ceridian Corporation.www.comdata.com.
