Visa Fleet
“Can Visa modernize the entrenched, mag-stripe fleet-card category into a tokenized, embedded-credit product distributed through freight and mobility software platforms?”
Founded1958
HQSan Francisco, California, USA
IndustryInfrastructure / Payments
The story
Visa Fleet is Visa's commercial card product line for fleet and mobility operators, historically delivered as a co-branded fleet card (Visa Fleet, Visa Fleet 2.0) processed through VisaNet by issuer banks and acquirers. Visa is actively modernizing the category — moving fleet credentials beyond mag-stripe to tokenized digital wallets, and partnering with payment-orchestration firms like Transcard to embed working-capital and B2B credit into freight platforms such as WebCargo by Freightos.
Product timeline
2025
Visa and Transcard announce embedded working-capital and payments platform for freight & logistics, deployed on WebCargo by Freightos· lending
2025
Visa publishes fleet digitization perspective on tokenization and digital wallet adoption for fleet cards· pivot
The stack
4 layers disclosed in Visa Fleet’s embedded-finance stack
Payments / PSP
VisaNet (self-operated)Visa Fleet (self-operated)Visa Fleet 2.0 (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
Accounting gap: none
5 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.