PEACHTREE CORNERS, Ga.--(BUSINESS WIRE)--Nov. 1, 2017--
FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of
commercial payment solutions, announced today the signing of an
agreement with Wal-Mart Stores, Inc. (NYSE:WMT) relating to two payment
initiatives.
Walmart will begin accepting FLEETCOR commercial payment cards at all
900 owned, operated and branded Walmart and Sam’s Club fueling
locations, and more than 2,500 Walmart Auto Care Centers across the
United States. As part of the new agreement, FLEETCOR will promote
Walmart and Sam’s Club locations to its existing customer base.
Additionally, approximately 4,000 Walmart employees who use company
vehicles to service the Walmart store network will begin to use
FLEETCOR’s fuel cards to make their fueling purchases. This marks an
expansion of FLEETCOR and Walmart’s relationship.
“We’re excited to work with FLEETCOR to bring this program and its
benefits to our customers and members. This is a great example of how
we’re expanding access to quality services and creating greater value
for our customers and members across the country,” said Mike Cook,
Senior Vice President & Assistant Treasurer, Wal-Mart Stores, Inc.
“We’re excited to grow our relationship with Walmart through the
acceptance of FLEETCOR payment cards and expansion of the fleet
program,” said Ron Clarke, FLEETCOR Chairman and Chief Executive
Officer. “We look forward to providing our cardholders and fleets with
access to Walmart’s everyday low prices.”
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 www.FLEETCOR.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171101006732/en/
Source: FLEETCOR Technologies
FLEETCOR Technologies, Inc.
Investor Relations
investor@fleetcor.com
770-729-2017
