Visa and Corpay Partner to Scale Next-Gen Fleet 2.0 Mobility Payments Across Europe

Quick Summary

Visa and Corpay have expanded their strategic partnership to deploy Visa Fleet 2.0 across Europe. This collaboration leverages Corpay’s processing platform to provide fleet operators with data-rich payment experiences for fuel, EV charging, and tolls, enhancing operational efficiency and mobility management for over 800,000 customers.

How Does Visa Fleet 2.0 Improve Mobility Management?

Visa Fleet 2.0 serves as a next-generation infrastructure designed to modernize how businesses handle vehicle-related expenses. By integrating this technology into Corpay’s existing European processing platform, the partnership offers an open-loop solution that provides significantly more flexibility than traditional closed-loop fuel cards. This allows fleet managers to capture high-quality data across a wider range of services, including:

• Electric Vehicle (EV) charging and traditional fuel procurement.
• Automated payments for parking and tolls.
• Streamlined maintenance and repair spend tracking.

The primary goal is to help businesses simplify payment processes while gaining deeper insights into their total cost of ownership. By utilizing Visa Fleet 2.0, Corpay can now target new geographic markets and offer future-ready experiences that adapt to the shifting landscape of corporate mobility.

What Results Has Corpay Delivered in the Fleet Sector?

Corpay currently supports more than 800,000 business customers worldwide, establishing itself as a dominant force in corporate payment solutions. The integration of Visa Fleet 2.0 capabilities onto its European platform is expected to further optimize how these organizations control fleet spend. Key metrics and features of the Corpay ecosystem include:

• Management of multi-modal expenses including fuel and EV.
• Access to value-added services via a unified processing platform.
• Enhanced security and data richness for every transaction.

"Corpay is a global leader in fleet and mobility payments, and we are delighted to expand our strategic partnership to further scale Visa Fleet 2.0 across Europe. Together, we have 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," said Lucy Demery, SVP, Head of Visa Commercial Solutions Europe.

How Will This Partnership Impact the European Market?

The expansion of this relationship signals a major shift toward standardized digital payments within the European logistics and transport sectors. By combining Visa’s global network with Corpay’s specialized vehicle expertise, the duo aims to eliminate the friction often associated with cross-border fleet operations. This collaboration is essential for opening market opportunities in regions where digital adoption in fleet management has previously lagged.

"We are excited to extend our work with Visa by enabling Visa Fleet 2.0 capabilities on Corpay’s European fleet card processing platform. This is another step in the continued development of our platform and will provide additional flexibility as we evolve our fleet and mobility solutions for customers. Collaboration and partnerships like this are key to opening up new market opportunities across the region," said Alan King, Group President, Vehicle Payments at Corpay.

FF NEWS TAKE:

This expansion of Visa Fleet 2.0 through Corpay definitely moves the needle for European logistics. While fuel cards have long been siloed, this open-loop integration bridges the gap between traditional fleet management and the modern mobility-as-a-service (MaaS) model. For Corpay, leveraging Visa’s infrastructure provides the scalability and data depth required to dominate the EV transition, making this a critical win for fleet payment innovation.