Visa Delivers the Benefits of Electronic Payments to the Trucking Industry in Brazil

Resource published June 30, 2012

How Visa Improved Processes in Brazilian Trucking Industry

In Brazil, the trucking industry has relied on a paper-based “freight letter” system for paying truck drivers’ salaries. Aside from operational inefficiencies, this method subjected cargo companies and the drivers to theft and loss and inconvenience and high transaction fees for the drivers. This changed in 2009 when Visa developed a multi-functional card for truck drivers that allows them to store their salary; pay for fuel, road tolls, and repairs anywhere Visa is accepted; and to remit money to family members at home.

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