FleetCor Technologies, Inc., a provider of fuel cards and specialized payment products to businesses, has inked new agreement with PHH Arval, a well-known fleet management services provider in the United States and Canada, to offer new universal fuel card programs to their customers across North America.
For many years now, PHH Arval has been offering outsourced fleet services to nearly one-third of Fortune 500 companies. The company includes consultative expertise, flexible customer service, and Internet technology to help its clients to reduce costs and increase productivity.
With the new agreement, FleetCor will provide a new universal fuel card program for PHH Arval's Canadian business as well as its North American heavy truck business.
Ron Clarke, chairman and CEO of FleetCor said that they are delighted to announce this new relationship with PHH Arval and said that they hope to provide an advantaged fuel card solution for PHH Arval's customers that will ultimately lead to additional business for FleetCor in this very important fleet leasing market segment.
FleetCor currently serves commercial accounts in North America, Latin America, and Europe. The company’s’ payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty.
In related news, Experian, a global information services company, recently announced that its Delinquency Notification Service has been selected by FleetCor Technologies to improve its commercial collections efforts and help proactively notify debtors of delinquent accounts.
With Experian’s Delinquency Notification Service, FleetCor will be able to notify its debtors of their current financial obligations and provide instructions for payment.