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FLEETCOR is a global leader in payment solutions aiding businesses and consumers in effectively managing vehicle, lodging, and corporate expenses.
FLEETCOR is a global payments company specializing in smart payment solutions that help businesses and consumers manage their expenses effectively. Founded in 2000, FLEETCOR provides a suite of payment options covering vehicle-related expenses (fueling, tolls, parking), lodging costs, and corporate payments. Their modern solutions leverage digital payments, which are faster and more secure than traditional methods like checks, enabling businesses to reduce manual processes and control their spending better. FLEETCOR serves various sectors through segments such as Vehicle Payments, Corporate Payments, Lodging Payments, and other solutions, and it anticipates rebranding to Corpay, Inc. in 2024.
The company's model focuses on providing comprehensive payment solutions that cater to the specific needs of different customer groups, allowing them to manage and analyze their spending efficiently. By combining proprietary technology and specialized networks, they aim to offer predictive insights and superior control over expenses. FLEETCOR's diverse customer base, which runs into hundreds of thousands, highlights its significant footprint in the payments industry, ultimately driving recurring revenue and strong market positions across multiple regions worldwide.
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