Coast

About Coast

CoastPay is a financial technology startup that operates in the fleet management market, providing smart fleet cards to businesses. These cards are designed to help businesses control and monitor their fuel spending more effectively. The company's primary clients are businesses with fleet operations, such as delivery services, transportation companies, and any business that requires significant fuel consumption.

CoastPay's business model revolves around providing a solution to common problems faced by businesses with fleet operations, such as fuel theft, overspending, and inefficient administration. Their smart fleet cards can be set with spending limits and can be locked to fuel-only expenses or enabled for different expenses as needed. This gives businesses the ability to control how each employee can spend on the job, reducing wasteful spending.

The company also offers features like interchangeable, reassignable cards, which means businesses never have to wait for a replacement card again. This, along with the ability to quickly deactivate and activate cards, provides an additional layer of security against theft.

CoastPay's revenue comes from the fees it charges for its services. However, the company also offers rebates and cashback, which can lead to significant savings for businesses, as evidenced by testimonials on their website.

In terms of support, CoastPay offers personalized, US-based support for its clients, making it easy for businesses to roll out and manage their fleet card system.