1. U.S. Bank Fleet Virtual Pay
Kick Off Session
December 2014
Call in number:
Conference id:

2. Agenda Welcome and introductions
Fleet Virtual Pay overview and highlights
Fleet Virtual Pay process
Fleet Virtual Pay communication materials
Fleet Virtual Pay soft launch recap
Open discussion, questions

3. Fleet Virtual Pay Overview & Highlights

4. What is Fleet Virtual Pay?
Fleet Virtual Pay is a complementary payment solution to the U.S. Bank Voyager Fleet card.
Fleet Virtual Pay provides drivers with a unique, card-less, single-use MasterCard account to pay for maintenance or unexpected repairs when their Voyager Fleet Card is not an option.
Available at MasterCard accepting merchants, Fleet Virtual Pay offers drivers a convenient payment alternative without sacrificing control and flexibility in situations where the Voyager Fleet Card is not accepted.

5. Control & Convenience for Fleet Managers & Drivers
A unique, 16 digit MasterCard account number that can only be used once
The account can be set with transaction specific purchase parameters including merchant, date range & payment amount
Provides deeper over sight into employee spending by capturing fleet enhanced data on transactions
Product code, line item detail, # units, etc., for maintenance transactions
Is available 24/7 at participating merchants
Eliminates:
The need for drivers to carry multiple cards
Post-purchase reimbursements
Calls to the office for assistance or to secure a purchasing card account

6. How Merchants benefit from Fleet Virtual Pay
Drives additional commercial fleet related spend to their business
Provides an easy, scalable payment method across multiple U.S. Bank clients
Eliminates invoicing and collections
Guarantees payment within 48 hours
Low-cost alternative to Voyager card acceptance
Leverages existing bank card point-of-purchase processes
Integrates easily - If a merchant accepts MasterCard, they can process Fleet Virtual Pay transactions

7. How Fleet Virtual Pay Works
Request
Driver presents their Voyager Fleet Card
Instructs merchant to call U.S. Bank for a virtual account number and instructions
Call
Merchant calls U.S. Bank and provides the following:
Driver’s account number and information
Driver/Vehicle ID
Actual cost of the maintenance, repair or service
Validate
U.S. Bank checks the driver’s account settings
U.S. Bank provides the merchant with account number
Process
Merchant processes transaction assigned account number for the exact amount of the purchase
Merchant uses their established MasterCard point-of-sale processes
Monitor
Transaction flows through all standard fleet processing and posting steps
Transaction is viewable on clients bill & in Fleet Commander® Online

8. Business Processes Affected
Billing
Combined data on the bill
Includes both Voyager Fleet Card & Fleet Virtual Pay transactions on a single bill
Reporting
Consolidated reporting data
Voyager Fleet Card & Fleet Virtual Pay information available in a single program management tool -- Fleet Commander® Online
Eliminates purchasing card or direct billing usage as payment methods for vehicle maintenance & repairs
Keeps spend on fleet payment tools

9. Fleet Virtual Pay Communication
Fleet Virtual Pay communication materials
Product overview
Driver instructions
Merchant overview
Merchant Training Micro-Site
Sponsored by MasterCard
Includes training & assessment on Fleet Virtual Pay for registered merchants
For registering on the site and learning about Fleet Virtual Pay, merchants:
Receive a $10 U.S. Bank Rewards Card &
Get a chance to in a four-day, three night MasterCard Priceless Cities get away for two

10. For additional information or assistance regarding Fleet Virtual Pay: Drivers, Fleet Managers, & Merchants are encouraged to contact U.S. Bank at
©2014 U.S. Bank National Association. All trademarks are the property of their respective owners.

11. Fleet Virtual Pay Soft Launch Recap
USB development to support Fleet Virtual Pay delivered in March 2014
Outreach to select SOT merchants for soft launch also commenced in March 2014
Soft launch planning activities with initial participating agencies began in April with kick off sessions in May 2014
First SOT Fleet Virtual Pay transaction took place at the end of May 2014 for TCEQ
Participating agencies began FVP transactions in earnest throughout the summer and fall months
Soft launch objectives:
Validate the Fleet Virtual Pay product is working as expected:
Supplements the Voyager Fleet Card through greater acceptance at repair/maintenance merchants where Voyager isn’t an option
Is easy to use for the driver & fleet manager
Brings value to the client’s business processes (e.g. fleet centric billing & reporting)
Provides appropriate level of control through the “precise pay & payment control features”
Eliminates the need for purchasing card or direct billing usage as payment methods for vehicle maintenance & repairs
Validate Fleet Virtual Pay outreach & awareness efforts for soft launch participating merchants are effective
Test product, related materials and support model

12. Thank You!
Our sincere thanks to the 11 agencies who participated and partnered with us to test the product, the driver experience, the merchant experience, the support model and the collateral materials.
Your insights, feedback and support were invaluable in getting the product market ready for the full SOT implementation.

13. Open Discussion & Questions?