Payment Industry Insights: Visa Fleet 2.0
Visa Fleet 2.0 is an enhanced fleet card program designed to provide more control, better data reporting, and improved security for fleet operators. Some of the key features of Visa Fleet 2.0 include:
- Enhanced Data Reporting – Provides detailed transaction data, enabling real-time business decisions.
- Advanced Security – Includes chip functionality and purchase restrictions to ensure a consistent and secure cardholder experience.
- Flexible Controls – Allows for category-level controls and adjustable authorization levels for both fuel and non-fuel purchases.
- Improved Efficiency – Streamlines payments and expense management with advanced payment technologies and real-time dashboards.
These enhancements aim to help fleet operators manage their expenses more effectively and make data-driven decisions.
Visa has mandated that all issuers and processors support these changes. As a result, all point-of-sale (POS) companies have been working on the development and certification of Visa Fleet 2.0. Once each of our POS partners releases software that supports Visa Fleet 2.0, CHS Payment Solutions will expire all prior versions of their software and require all merchants to update to the new version.
Here are the current estimated software release timeframes for our supported POS systems.
- Gilbarco Gasboy Islander Prime – Q4 2026
- Gilbarco Passport – Q4 2025
- Comdata SmartDesq – Q4 2025
- Verifone Commander – Q1 2026
- NCR Radiant – Q4 2026
Upon their release, required software updates will be communicated in the In the Know newsletter.
