Today we announced our work with Motive, the only fully unified Integrated Operations Platform for the physical economy, to power the Motive Card. Since launching the Motive Card in April 2022, we’ve issued over 35,000 cards delivering customers up to 10% in savings through operational efficiency gains, fuel and maintenance discounts, and telematics-backed fraud reduction. Motive selected us as its fleet card issuer because of our ability to integrate fleet payments seamlessly into the Motive platform where customers are already managing their fleet.
By leveraging our embedded finance platform, Motive gives finance teams total control of their fleet-related spend, AI-powered tools to mitigate fraud and identify wasteful transactions, and access to deep discounts on fuel, maintenance and other business expenses. The Motive Card is on the Mastercard network which means that it can be used for fuel, maintenance, and other business expenses, anywhere Mastercard is accepted.
“We launched the Motive Card because our customers lacked 360-degree visibility across their fleet management and spend management providers,” said Hemant Banavar, Head of Financial Products at Motive. “For the first time ever, safety, operations, and finance teams can manage their drivers, vehicles, equipment, and fleet-related spend in a single system and benefit from cost-saving insights delivered through shared data. As a result, they’re reducing hours of manual work, saving up to 7% per vehicle through enhanced productivity, reducing fuel and maintenance spend by up to 5%, and could save up to 5% per vehicle by reducing previously missed fraud. These savings add up whether you’re managing a fleet of 50 vehicles or 5,000 vehicles.”
The Motive Card is issued by Sutton Bank, Member FDIC pursuant to a license from Mastercard International.
