Element Fleet Management Launches Cardless Payment Solution

09:57 AM EDT, 10/29/2026 (MT Newswires) -- Element Fleet Management (EFN.TO) has launched a cardless payment solution to help fleets save more fuel while preventing fraud, the company said Thursday. Element Pay provides fleet managers more control over what drives purchase and where they fuel. The platform, which uses the vehicle to authorize transactions, guides drivers to lower-priced fuel stations. Element Pay also blocks unauthorized transactions and eliminates the need for physical fuel cards. Crown Capital, a company focused on roofing-related businesses, has reported 15% overall savings using Element Pay. Price: 22.70, Change: -0.15, Percent Change: -0.66