Visa and Corpay Extend Fleet Payments Deal Across Europe

Editorial Calendar World-Region-Country Visa and Corpay Extend Fleet Payments Deal Across Europe Corpay, listed on theNYSEas CPAY and a constituent of the S&P 500, serves more than 800,000 business customers globally through vehicle payment solutions that span fuel, EV charging, parking, tolls and maintenance. The extension of its relationship with Visa brings the network’s next-generation fleet infrastructure into Corpay’s European platform, creating what both companies describe as an open-loop architecture for targeting new geographies and mobility segments. Visa Fleet 2.0 is designed as a consolidating layer for fleet-related spend that has historically been fragmented across closed-loop fuel cards, separate EV charging accounts and proprietary toll solutions.

The open-loop approach allows transactions across a broader set of acceptance points without requiring fleet managers to maintain multiple card programmes for different expense categories. Lucy Demery, senior vice president and head of Visa commercial solutions Europe, said the partnership creates “an exciting opportunity to help businesses advance fleet payments through flexible, secure, and data-rich payment experiences that meet the evolving needs of today’s mobility ecosystem.” Alan King, group president of vehicle payments at Corpay, described the tie-up as “another step in the continued development of our platform,” adding that it would provide additional flexibility as Corpay evolves its fleet and mobility solutions for customers across the region. Neither company disclosed financial terms or a timeline for specific country rollouts within Europe.

The fleet payments segment is undergoing structural change driven by two converging pressures. The transition to electric vehicles is fragmenting charge infrastructure across multiple networks, each with different billing relationships, making consolidated fleet payment rails commercially attractive. At the same time, corporate travel and expense policy is tightening in many organisations, increasing demand for real-time spend controls and richer data feeds for finance teams.

Visa Fleet 2.0 sits alongside competing infrastructure from