EFS (Electronic Funds Source) logo

    EFS (Electronic Funds Source)

    OTR fleet fuel card with 14,000+ locations and driver advance services.

    Founded 1996
    Nashville, TN
    501-1000
    www.efsllc.com
    Size:
    SMB, Mid-Market, Enterprise
    |
    Best For:
    Carrier
    Private Fleets

    Platform Overview

    Specialized fleet payment solutions for over-the-road transportation with extensive truck stop network acceptance. Designed for carriers who need simplified fuel purchasing and accelerated driver payments.

    Core Strengths
    • Extensive truck stop network coverage
    • Fuel advance and factoring integration
    • Mobile app for drivers and managers
    • IFTA reporting and fuel tax automation
    • Fleet maintenance tracking
    Best Suited For
    • Over-the-road trucking fleets
    • Owner-operators needing fuel advances
    • Carriers requiring factoring services
    • Fleets with IFTA reporting needs
    • Transportation companies with maintenance tracking
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    Why Choose EFS (Electronic Funds Source)

    OTR fleet fuel card with 14,000+ locations and driver advance services.

    Best For
    SMB, Mid-Market, Enterprise
    Carrier
    Private Fleets

    EFS (Electronic Funds Source) Features (8)

    14,000+ accepting locations
    SmartFunds driver payments
    EFS Money Codes
    Up to $0.60/gallon discounts
    Real-time purchase controls
    IFTA automation
    Mobile app
    24/7 support

    EFS (Electronic Funds Source) Integrations (5)

    WEX Telematics
    Motive
    Fleet Management Systems
    Accounting Software
    IFTA Reporting Tools

    Company Background

    Company Details
    Founded:1996
    Location:Nashville, TN
    Employees:501-1000
    Company History
    Founded as EFS Over-the-road fleet payment specialist
    Oct 2012 Acquired T-Chek Systems from C.H. Robinson for $302.5M
    Jul 2016 Acquired by WEX Inc. for $1.1B cash + 4M shares
    Funding History
    $1.1B acquisition
    17,000+ customers across US and Canada
    Investors: WEX Inc. (NYSE: WEX)

    Source: efsllc.com, WEX investor relations, BusinessWire. Data verified December 2025.

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    Company information may be sourced from publicly available materials and vendor-provided data. SupplyWolf does not independently verify all information and makes no representations regarding accuracy.

    What is EFS (Electronic Funds Source)?

    EFS (Electronic Funds Source) is a Payments solution listed on the SupplyWolf supply chain software marketplace. OTR fleet fuel card with 14,000+ locations and SmartFunds driver advances. The company behind EFS (Electronic Funds Source) is founded in 1996, headquartered in Nashville, TN, and with a team size of 501-1000.

    Frequently asked questions

    EFS (Electronic Funds Source) is a Payments solution. OTR fleet fuel card with 14,000+ locations and SmartFunds driver advances.

    According to the vendor, EFS (Electronic Funds Source) is positioned for teams such as Over-the-road trucking fleets, Owner-operators needing fuel advances, Carriers requiring factoring services, Fleets with IFTA reporting needs, and Transportation companies with maintenance tracking, primarily small and mid-sized businesses, mid-market companies, and enterprise teams.

    EFS (Electronic Funds Source) lists integrations with WEX Telematics, Motive, Fleet Management Systems, Accounting Software, and IFTA Reporting Tools. Confirm any specific integration with the vendor as part of your evaluation.

    EFS (Electronic Funds Source) does not publish standard pricing. Contact the vendor through SupplyWolf to request a custom quote based on your team size, modules, and integrations.

    EFS (Electronic Funds Source) is headquartered in Nashville, TN, founded in 1996, and with a team of 501-1000 people.

    EFS (Electronic Funds Source) reports total funding of $1.1B acquisition, 17,000+ customers across US and Canada, and backed by WEX Inc. (NYSE: WEX).