Love’s and TA Invest in Fuel Payment Firm

QuikQ to continue managing nationwide network
Photograph courtesy of QuikQ

FRANKLIN, Tenn. — Love’s Travel Stops & Country Stores and TravelCenters of America have both made recent investments in QuikQ, an independent full-service fuel payment company.

“QuikQ offers high-quality products designed to compete in the fuel payments industry. With Love’s and TA as investors, QuikQ brings immediate competition in the fuel payments marketplace while minimizing costs for our merchant and trucking company customers,” said QuikQ CEO Dean Troester, a 36-year trucking industry veteran who joined the QuikQ team in that capacity in early 2017.

In addition to QuikQ’s own fuel payment card, the company’s technology also supports other universally accepted co-branded and private-label cards, including cards for Love’s and TA. QuikQ will continue to operate as an independent company. The company has a nationwide network of more than 3,400 chain and independent merchant locations.

“QuikQ has been the successful, cost-effective backbone of our Love's Express payment platform for many years. A large segment of our customers have benefited from the convenience and savings QuikQ’s technology provides, and QuikQ can deliver the same advantages across the trucking industry,” said Frank Love, co-CEO of Love’s and Speedco. “QuikQ offers trucking companies another choice.”

  • Oklahoma City-based Love’s Travel Stops & Country Stores is No. 17 on CSP’s 2019 Top 202 ranking of c-stores by number of company-owned retail outlets.

“With the financial support of two of the truckstop industry’s largest players and nationwide merchant acceptance of its products, QuikQ is positioned to add competition to the fuel payment industry, improve customer service and reduce fees to merchants and fleets,” said Andy Rebholz, CEO of TA. “Competition is needed, and QuikQ is positioned to positively impact merchants and trucking companies alike.”

  • Westlake, Ohio-based TravelCenters of America is No. 29 on CSP’s 2019 Top 202 ranking of c-stores by number of company-owned retail outlets.

Based in Franklin, Tenn., QuikQ is a full-service payment firm. It offers a suite of payment products, including a fuel payment card; SmartQ, an RFID based cardless system; and Start Code, a no-card payment tool. For fleets and drivers, QuikQ offers Q-Checks, cash advances, payroll cards, a mobile app and more, designed to better manage transportation-related fuel payment costs. QuikQ’s technology is integrated with the major transportation management systems. For merchants and other parties, QuikQ also offers its RFID hardware and technology, along with private-label and co-branded cards.

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