Pay at Pump is the system that allows you to pay for your fuel directly at the pump’s card reader, instead of going into the shop at the petrol station. No need to get out of the car.
It’s becoming more popular across the UK and Europe – and it hasn’t gone unnoticed at Soldo.
When you use Pay at Pump, an amount of money is temporarily reserved on your Soldo fuel card. This is known as a pre-authorisation, and it ensures you have sufficient funds to afford the fuel. When you finish refuelling, you are only charged for the actual amount of fuel you have purchased.
The remainder of any reserved funds will be released back to the available balance on your Soldo fuel card, after the payment has been processed. In most cases, it can take up to one hour to process a pay-at-pump transaction.
The pre-authorisation amount has increased to £99.
This means that Soldo will temporarily reserve up to £99 of the available balance on your card, while you fill up your tank. This pre-authorisation amount is now a lot higher than it used to be.
There are a couple of handy Soldo features you can use to ensure your drivers always have enough money on their cards to pay for fuel. Follow the instructions and stay one step ahead.