System and method for vehicular fleet management

A structured payment system comprising:

• a first system application software component resident in a vendor accounting terminal, said first system application software operative to process payments for a service rendered or a commodity purchased at a vendor service facility;
• a second system application software component resident in a purchaser accounting terminal, said second system application software operative to provide a payment authorization for said service rendered or for said commodity purchased at said vendor service facility;
• and
• a structured payment server having a third system application software component in communication with said first system application and said second system, said third system application software operative to withdraw funds from a purchaser bank in response to said payment authorization.

A method of providing a service or commodity at a vendor service facility for an asset owned or leased by a purchaser remote to an operator of the purchaser asset, said method comprising the steps of:

• transmitting to the purchaser, information related to a vendor service or commodity requested by the operator;
• if purchase of said vendor service or commodity is not authorized by the purchaser, instructing the operator to contact a supervisor;
• if purchase of said vendor service or commodity is authorized by the purchaser, transmitting a purchase authorization to a vendor operating the vendor service facility;
• verifying to the purchaser that a vendor service or commodity has been provided to the purchaser asset;
• and
• in response to said step of verifying to the purchaser, creating a tagged fund in a purchaser bank, said tagged fund specified as payment for at least a part of said vendor service or commodity provided to the purchaser asset.