Corpay Inc. Stock Analysis CPAY

Corpay, Inc. engages in the provision of digital payment solutions that enable businesses to control purchases and make payments. The company is headquartered in Atlanta, Georgia and currently employs 11,800 full-time employees. The company went IPO on 2010-12-15. The firm provides a broad suite of payment and spend management solutions, including accounts payable automation and cross-border payment solutions, commercial card programs (purchasing cards, business cards and virtual cards), vehicle payment solutions (fuel cards, toll payments and related services) and lodging payment solutions. Its segments include Corporate Payments, Vehicle Payments, Lodging Payments and Other. Corporate Payments segment helps businesses streamline the management, processing and payment of their domestic and international invoices and make point-of-sale purchases for their employees. Vehicle Payments segment is purpose-built to enable its customers to pay for vehicle related expenses. Lodging Payments segment helps businesses manage and control their lodging costs, simplify the management of offerings from hotels and long-term housing arrangements. Other segments include its gift and payroll card businesses.