PEACHTREE CORNERS, Ga.--(BUSINESS WIRE)--May 3, 2018--
FLEETCOR
Technologies, Inc. (NYSE:FLT), a leading global provider of
commercial payment solutions, announced today that it has entered into a
new agreement with Petrobras
Distribuidora S.A. – BR (B3: BRDT3) to enable card-less fuel
payments at BR gas stations in Brazil using FLEETCOR’s Radio Frequency
Identification (“RFID”) technology. Through this partnership, BR will
begin accepting FLEETCOR’s RFID-enabled fuel payments at many of its
busiest gas stations in São Paulo and Rio de Janeiro, among other areas.
CGMP (also known as STP), a FLEETCOR company doing business as Sem Parar
in Brazil, is the country’s leading electronic toll payments provider.
Under this agreement, CGMP will provide BR customers enrolling in the
program with an RFID tag that can be affixed to their vehicles’
windshield. This tag will enable a faster, safer and more secure payment
experience for customers allowing them to pay for fuel at BR gas
stations without ever leaving their vehicle. BR will promote the
innovative payment solution to its 12+ million “Premmia” loyalty program
members while CGMP will promote the solution through their existing
sales channels.
“We are excited to partner with BR and introduce RFID-powered payments
to millions of its customers. This partnership is yet another milestone
in our long-standing relationship and provides FLEETCOR an opportunity
to significantly grow our fuel payments business in Brazil,” said Ron
Clarke, FLEETCOR Chairman and CEO. “We look forward to working with BR
to rapidly grow this program.”
About FLEETCOR
FLEETCOR Technologies (NYSE: FLT) is a leading global provider of
commercial payment solutions. The Company helps businesses of all sizes
better control, simplify and secure payment of their fuel, toll, lodging
and general payables. With its proprietary payment
networks, FLEETCOR provides affiliated merchants with incremental sales
and loyalty. FLEETCOR serves businesses, partners and merchants in North
America, Latin America, Europe, and Australasia. For more information,
please visit http://www.fleetcor.com/.
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Source: FLEETCOR Technologies, Inc.
FLEETCOR Technologies, Inc.
Investor Relations
Jim Eglseder,
770-729-2017
investor@fleetcor.com
or
Media
Relations
press@fleetcor.com
