That’s Delivered Podcast

Digital Money Moves: How Spencer Barkoff's Relay Payments is Transforming Trucking Finance


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Outdated payment systems have cost trucking time, money, and sanity for decades—but that’s changing fast. Spencer Barkoff, President and Co-Founder of Relay Payments, shares how his team built a platform that eliminates the industry’s most frustrating pain points. What began with lumper payments has grown into a full-service digital network covering fuel, parking, repairs, and more for over 100,000 carriers. From fighting fraud to saving drivers hours of wasted time, Relay is transforming trucking finance with Venmo-style simplicity and enterprise-level security.

Key Takeaways

Lumper Pain Solved – No more 3 AM hold times waiting for a lumper code.
Big Reach – Relay now handles payments for fuel, parking, repairs, and more across 100,000+ carriers.
Cost Savings – Fleets lose 8–10% of receipts annually; Relay eliminates that waste.
Fraud Prevention – Stops fuel fraud rings that targeted magnetic stripe cards in 2022–2023.
Time Back – Drivers avoid hours of lost HOS waiting on payment authorizations.
Relay Pulse – Integrates with 100+ ELDs to enforce fueling policies and flag fraud in real time.
Driver Tools – App includes free access to safe parking locations nationwide.
Tech Breakthrough – Relay integrates with decades-old truck stop and service systems without disruption.
Enterprise Security – SOC 2 Type 2 certified, KYC/KYB verified, with 24/7 US-based support under 30 seconds.

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That’s Delivered PodcastBy Trucking Ray