This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

FleetCor Signs Partnership Agreement With Visa Europe

FleetCor Technologies, Inc. (NYSE: FLT), a leading global provider of fuel cards and workforce payment products to businesses, announced today that it has signed a long-term agreement with Visa Europe.

Under the terms of this new agreement, FleetCor will utilize its Global FleetNet (“GFN”) fuel card processing system together with Visa Europe’s EMV standard chip and PIN intelligent technology to deliver new fuel card solutions across Visa Europe territories.

The companies plan to develop new fuel card propositions together with the first planned implementation in FleetCor’s Allstar business in the UK.

Allstar will be the first to offer this Visa Europe chip and PIN technology in the commercial fuel card space.

This Allstar fuel card implementation will create new benefits for Allstar’s commercial clients, including:
  • Enhanced security and fraud protection: The chip technology will make fuel cards nearly impossible to clone
  • Enhanced convenience: The Allstar cards will be usable both inside the shop and outside at the pump
  • Enhanced control: The cards will have improved purchasing restrictions to eliminate the purchase of non-approved fuel grades or other out-of-policy items

“We are excited to combine our specialized fuel card expertise with Visa Europe’s intelligent EMV chip technology to help us further capture more European fuel card spend,” said Ron Clarke, FleetCor’s Chairman and CEO.

Steve Price, Head of Business Development at Visa Europe, commented, “We are delighted to have concluded a partnership with FleetCor to deliver products to the fleet and fuel card marketplace. We believe there is a real need for new solutions that help reduce costs and extend payment functionality. The combination of Visa’s payments expertise together with FleetCor’s specialist fuel industry expertise makes for a powerful combination. I look forward to extending the partnership beyond this first implementation.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.69 -0.59%
FB $119.49 1.43%
GOOG $711.11 1.40%
TSLA $214.93 1.61%
YHOO $37.23 0.79%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs