RoadSync, PTP Partner for Faster Roadside Payments

Logistics FinTech RoadSync has joined forces with Professional Transportation Partners, LLC (PTP) to offer its checkout product to vendors in the PTP Shop Repairs Centers network.

The Atlanta company announced the deal Wednesday, (Nov. 17), saying this partnership will allow the centers to realize cost savings and a more efficient payment process.

“Our ultimate goal at RoadSync is to modernize the supply chain by increasing accessibility to first-in-class financial solutions,” RoadSync CEO Robin Gregg said in the announcement. “Partnering with PTP Shop Repair Centers was a strategic step for us, as we’re now able to deliver technological efficiencies to PTP’s entire network and its customers, thereby making the day-to-day more seamless for everyone. Drivers get back on the road faster, and repair centers are ready to serve their next customer.”

Designed for heavy-duty repair and tow customers, RoadSync Checkout improves profitability for the industry while reducing the time it takes to process payments and maximizing revenue collection, the company said.

The platform’s features include real-time invoice building, safeguards against chargebacks, and the ability to accept roadside payments. Vendors in the network can enjoy an optimized payment process at a discounted rate, leading to time and money saved.

“We’re very excited about this partnership with RoadSync,” said PTP President Burt Newman. “We look forward to working with them to offer much-needed point of sale and processing solutions for our repair center members. RoadSync’s payment solution will make transactions easier and more efficient for our members, both in-house and while they are on the road servicing their customers.”

The partnership comes just weeks after RoadSync formed an arrangement with Comdata to enhance mobile payments for warehouses, distributors and other stops along the supply chain.

The deal arrives in the middle of a supply chain crisis that is hindering shipments and payments and generally making things more difficult for logistics companies.

Comdata’s Fleet Cards and Comcheks will be used alongside RoadSync Checkout to streamline everyday business expense payments for truckers and carriers, who can also use the service to transfer funds directly and process payments from anywhere.