Related articles

What’s new at Soldo: New features for Winter 2024
Soldo’s Summer Update: Helping you accomplish more with new platform updates
Introducing Pay Someone: make outbound bank transfers directly from Soldo
Product update

What is Pay at Pump?

2 December 2021  |  4 minutes read

What is Pay at Pump?

Pay at Pump is the system that allows you to pay for your fuel directly at the pump’s card reader, instead of going into the shop at the petrol station. No need to get out of the car.
It’s becoming more popular across the UK and Europe – and it hasn’t gone unnoticed at Soldo.

How does it work?

When you use Pay at Pump, an amount of money is temporarily reserved on your Soldo fuel card. This is known as a pre-authorisation, and it ensures you have sufficient funds to afford the fuel. When you finish refuelling, you are only charged for the actual amount of fuel you have purchased.

The remainder of any reserved funds will be released back to the available balance on your Soldo fuel card, after the payment has been processed. In most cases, it can take up to one hour to process a pay-at-pump transaction.

What has changed?

The pre-authorisation amount has increased to £99.

This means that Soldo will temporarily reserve up to £99 of the available balance on your card, while you fill up your tank. This pre-authorisation amount is now a lot higher than it used to be.

How can I ensure I always have at least £100 on my Soldo fuel card?

There are a couple of handy Soldo features you can use to ensure your drivers always have enough money on their cards to pay for fuel. Follow the instructions and stay one step ahead.

  1. Set up an automatic transfer when the balance of the card drops below £100.
    • Click on Users on the left menu and select the relevant user
    • Click on the Transfer tab and select Minimum balance
    • Input the card balance amount (Set balance to) and transfer trigger amount (when it is lower than – e.g., £100)
    • Click Save

  2. Set up a minimum balance email alert to warn the card holder when the balance drops below a certain amount.
    • Click on Users on the left and select the relevant user
    • Click on the Alerts tab and select Minimum balance alert
    • Input the amount (When balance is below) and add relevant users
    • Click Save

Related posts

Tackling Autumn Budget 2024 Changes Head-On 

The Autumn Budget 2024 brings rising costs for UK businesses. Explore four smart spend strategies to manage expenses and protect cash flow.

1 week ago
Soldo’s 2024 recap: A year of innovation, liberation and accomplishment 

Soldo’s 2024 recap reflects a standout year of innovation, growth and success. Key highlights include valuable tools like the CO2e Tracker, the launch of the Global CFO 100 Awards and empowering customer stories. 2025 promises new productivity tools and resources for even greater decentralised spend management.

Soldo News
1 week ago
Why your procurement team needs a strategic tech advantage

Modernise procurement with strategic tech. Discover how advanced tools like Soldo empower teams to cut inefficiencies, centralise spending, and boost agility.

Finance
3 weeks ago
Soldo® 2024 All rights reserved
The website in all languages and for all markets is provided by Soldo Software Ltd., a company incorporated in the UK with company number 09233754 and VAT: GB204213566, whose registered office is 119 Marylebone Road, London, NW15PU, United Kingdom. All communications related to the website shall be sent to the registered office.

The software services provided to customers resident in or with registered office in an EEA country or in the UK are provided by Soldo Software Ltd a company incorporated in the UK with company number 09233754 and VAT: GB204213566, whose registered office is 119 Marylebone Road, London, NW15PU, United Kingdom. Soldo Software Ltd (data protection number: ZA 092035) complies with all applicable data protection and privacy legislation in force from time to time in the UK and the EU including the General Data Protection Regulation ((EU) 2016/679) and the Data Protection Act 2018. All the communications related to the software and related services shall be sent to the registered office. Soldo Software Ltd., 119 Marylebone Road, London, NW15PU, United Kingdom.

The software services provided to customers resident in or with registered office in Italy are provided by Soldo Italia S.r.l. , a company incorporated in Italy with company number 11864540965 at the Registry of companies of Milano, Monza, Brianza, Lodi, VAT: IT11864540965, and registered office at Via degli Olivetani 10/12, 20123 Milano (Italy). Soldo Italia Srl complies with all applicable data protection and privacy legislation in force from time to time in Italy including the General Data Protection Regulation ((EU) 2016/679). All communications related to the software and related services shall be sent to the registered office Soldo Italia Srl, Via degli Olivetani 10/12, 20123 Milano (Italy).

The financial services provided to customers resident in or with registered office in an EEA country are provided by Soldo Financial Services Ireland DAC, a company incorporated in Ireland with company number 610705, and registered office at 33 Sir John Rogerson’s Quay, Dublin 2, Ireland.  Soldo Financial Services Ireland DAC is regulated by the Central Bank of Ireland. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The card is issued by Soldo Financial Services Ireland DAC pursuant to a licence issued by Mastercard International Inc. Soldo Financial Services Ireland DAC complies with all applicable data protection and privacy legislation in force from time to time in Ireland, including the EU General Data Protection Regulation (EU 2016/679) and the Data Protection Acts 1988 - 2018. All communications related to financial services provided by Soldo Financial Services Ireland DAC shall be sent to Soldo Financial Services Ireland DAC, 33 Sir John Rogerson’s Quay, Dublin 2, Ireland.

The financial services provided to customers resident in or with registered office in the UK are provided by Soldo Financial Services Ltd., a company incorporated in the UK with company number 09495650, whose registered office is 119 Marylebone Road, London, NW15PU, United Kingdom, authorised as an Electronic Money Institution by the Financial Conduct Authority (firm registration number 900459). Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The card is issued by Soldo Financial Services Ltd pursuant to a licence issued by Mastercard International Inc. Soldo Financial Services Ltd. (data protection number: ZA147304) complies with all applicable data protection and privacy legislation in force from time to time in the UK and the EU including the General Data Protection Regulation ((EU) 2016/679) and the Data Protection Act 2018. All communications related to financial services provided by Soldo Financial Services Ltd shall be sent to Soldo Financial Services Ltd., 119 Marylebone Road, London, NW15PU, United Kingdom.