Fleetcor Technologies, Inc., a global payment solution provider, has rebranded to Corpay, Inc. The change went into effect on March 25.

Why the Name Change?

“The Corpay name better represents what we do now, which is provide corporate payment solutions. We will use Corpay as 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 better manage vehicle-related expenses such as fueling and parking, travel expenses, and payables.

Corpay began trading on the New York Stock Exchange on March 25 under the new ticker symbol CPAY.