Bear Oil Blog
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CFN Fee Assessment
Our fleet card partner, The Commercial Fueling Network (CFN) has been assessing remote transaction fees for each transaction conducted at locations other than those owned by Bear Oil Company. The transaction fee supports fraud monitoring and protection, CFN network enhancements and your on-line access.
In the past Bear Oil Company has absorbed these transaction fees, but now must pass along a portion of the fees, due to the increased costs associated with fraud protection and card controls.
Beginning May 1, 2020 we will pass along a 50 cent fee for each remote transaction. Those would include fuel card transactions that are processed anywhere other than Bear Oil in San Antonio and the Bear Oil site in Schertz, off FM 3009.
Should you have questions please contact your account manager.
Thank you, we appreciate your business.