FleetCor Technologies: Specialized Payment Products
FleetCor Technologies is a company based in Norcross, Georgia. It is listed in the New York Stock Exchange. The firm is a leading independent global provider of specialized payment products and services such as fleet cards, food cards, corporate lodging discount cards and other specialized payment services for businesses all over the world.
The company has engagements with over 800 partners; this range in size from small petroleum marketers with a single fueling location to major oil companies. FleetCor services encompass transaction processing to full program management. Its platforms, programs and infrastructure are both adaptable and scalable, enabling it to meet the needs of a wide range of partners. Throughout the U.S., Canada, Mexico, Europe, Africa and Asia FleetCor serves more than 500,000 commercial accounts with millions of cardholders.
The firm has operations in 43 countries in North America, Europe, Africa and Asia. It has 5,100 employees all over the world and had annual revenue of $895.2 million in 2013.
FleetCor has been in an acquisition mode acquiring certain fuel card assets from GE Capital Australia’s Custom Fleet Leasing business as well as other assets in Latin America.