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Pay2Drive Helping commercial fleet owners maximize Return On Investment

Cover image of Pay2Drive, Transport and logistics venture on VC4A

Pay2drive by TraciFy is using technology to help commercial fleet owners maximize return on their investments.

Reasearch has shown that over 80% of commercial fleets are not owner operated. Owners rely completely on 3rd party operators (drivers) to generate and remit a pre-agreed amount periodically. Since there is no way to enforce this agreement, more often that not, operators fail to meet up with such payments resulting in owners loosing revenue for unending excuses.

To solve this problem, TraciFy has built a technology based platform ‘Pay2Drive’ that allows operators easily remit revenue due to owners at POS points nearest to them by simply purchasing ‘drivetime’. The platform also ensures operators have valid ‘drivetime’ to drive while automatically deactivating vehicles once ‘drivetime’ is exhausted. Drivetime purchase is now available at over 150,000 POS across Nigeria.

As an added value, the platform connects fleet owners with reliable operators.

Sectors Transport and logistics
Location Abuja, Nigeria
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