Fleetcor Technologies, Inc., a world payment solution provider, has rebranded to Corpay, Inc. The change went into effect on March 25.
Why the Name Change?
“The Corpay name higher represents what we do now, which is provide corporate payment solutions. We’ll use Corpay because the go-to-market brand for our Corporate Payments segment, and retain our existing popular go-to-market brands in our Vehicle Payments and Lodging Payments segments,” Fleetcor CEO and Chairman Ron Clarke said.
Corpay’s suite of payment solutions helps its fleet customers higher manage vehicle-related expenses reminiscent of fueling and parking, travel expenses, and payables.
Corpay began trading on the Recent York Stock Exchange on March 25 under the brand new ticker symbol CPAY.
This Article First Appeared At www.automotive-fleet.com