Corpay
Procurement partnerAbout
Corpay is a global S&P 500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. The company offers solutions spanning commercial cards, AP automation, cross-border payments, fuel and fleet cards, and workforce lodging. Corpay serves over 800,000 business clients worldwide, moving $235 billion or more annually across 140+ currencies to more than 200 countries.
Details
Website
corpay.comOfferings
19 active
VenSearch Intelligence
Ideal Customer
- Corpay's sweet spot spans mid-market to enterprise businesses, particularly U.S.-based companies with revenues between $100M and $2B that have complex, high-volume payment needs including international supplier payments, fleet spend, or multi-entity AP operations.
- For AP automation and corporate cards, the ideal customer is a mid-market or enterprise finance team with long supplier files, significant check-based payment volume, and existing ERP systems (especially NetSuite, Sage, or Microsoft Dynamics).
Key Differentiators
- Corpay's primary differentiator is its position as the only fully-managed AP automation platform on the market, where Corpay's own team handles vendor enrollment and payment execution rather than leaving it to the customer — a key advantage for finance teams whose electronic payment adoption has stalled.
- It holds the distinction of being the #1 B2B commercial Mastercard issuer in North America, processes over $100 billion annually across 150+ currencies, and offers a uniquely integrated suite spanning fleet cards, AP automation, virtual cards, cross-border payments, and lodging — all under one platform.
Industries Served
- Corpay serves a broad range of industries including transportation and logistics (commercial fleets, trucking), manufacturing and distribution, technology and software (SaaS), professional services, healthcare, education (including K-12 and higher education under an E&I cooperative contract), hospitality, construction, government entities, retail and e-commerce, non-profits, automotive and dealerships, and senior living.
- The Paymerang acquisition in 2024 specifically expanded Corpay's vertical presence in education, healthcare, hospitality, and manufacturing.
Service Coverage
- Corpay operates globally, providing payment solutions in more than 200 countries and territories, with the majority of operations concentrated in North America, Europe, and Brazil.
- Approximately 81% of revenues are generated from the U.S., Brazil, and the U.K., with additional meaningful operations in Australia, New Zealand, and other international markets.
Partnerships
- Corpay maintains deep ERP integration partnerships with Oracle NetSuite (with a 'Built for NetSuite' certified application listed on the SuiteApp marketplace), Microsoft Dynamics 365, Sage Intacct, QuickBooks, Acumatica, Deltek, Trimble, CMiC, and Blackbaud, offering two-way data synchronization across 100+ integrations.
- Channel partnerships include Pine Services Group for ERP-integrated AP automation across Sage, NetSuite, Microsoft, and Acumatica ecosystems, as well as solution partners like Anchor Group and Beyond Cloud Consulting for NetSuite-focused implementations.
Company Size & Ownership
- Corpay was founded in 1986 (formerly FleetCor Technologies) and rebranded to Corpay in March 2024.
- As of December 31, 2025, the company employs approximately 11,800 associates located across 34 countries.
Compliance & Certifications
- Corpay maintains SOC 1 and SOC 2 Type II reports, PCI DSS compliance, and ISO 27001 certifications (in Brazil and the U.K.) as part of its information security program, aligned with NIST CSF and other industry standards.
- Its AP Automation platform is specifically SOC 2 Type II compliant, with controls covering approvals, supplier master changes, and payment releases backed by attributable audit records.
Compiled from public sources by VenSearch · Last researched October 14, 2026
Offerings
19 offeringsComdata
A fleet management solution that helps trucking fleets manage fuel spend, driver payments, compliance, and fraud prevention. It provides fuel cards, real-time reporting, and fleet technology specifically tailored to the trucking industry.
Corpay Complete
An all-in-one platform that unifies commercial cards, AP automation, payments, and spend management into a single scalable solution. It supports multi-entity operations with features like centralized invoices, custom approvals, same-day ACH, and ERP integrations such as NetSuite.
Corpay Mastercard
A commercial card issued by Fifth Third Bank, N.A. or another financial institution under a Mastercard license, designed to cover all business spend including travel, purchasing, and vendor payments. It offers AI agents to control spending, custom cash rebates, and flexible payment terms. Corpay is the number one commercial Mastercard issuer in North America.
Corpay World Elite Mastercard
A premium commercial card offering travel rewards, stronger spending controls, and elevated cardholder benefits. It is part of Corpay's commercial card suite and is positioned for businesses seeking premium travel-related perks alongside expense oversight.
Corporate Lodging & Travel (Corpay Lodging)
A workforce travel management solution that enables businesses to book, manage, and control employee lodging and travel with built-in savings and real-time visibility. It offers centralized billing, better hotel rates, and tools to control travel spend across the organization.
Currency Risk Management
A service that helps businesses stay ahead of changes in the foreign exchange market and protect profit margins from FX volatility. It includes hedging strategies and tools to manage currency exposure on international transactions.
ERP Integrations
A connectivity layer that syncs Corpay's AP automation and payments platform with a business's existing ERP system to streamline data flows and workflows. It is designed to reduce duplicate data entry and keep financial records current across systems.
Expense Management
A solution that provides real-time visibility and control across every card and transaction within an organization. It is part of Corpay's commercial card platform and helps finance teams monitor and report on employee and business spending.
Fuel & Fleet Cards (Corpay One)
A fuel card solution branded as Corpay One that helps businesses control fuel spend, prevent misuse, and track every gallon in real time. It includes built-in fraud protection, smart integrations, and real-time spend visibility for fleet operators.
Global Invoice Automation
A cross-border payments feature that processes international payments directly from invoices, spreadsheets, or documents. It reduces manual effort in executing foreign currency vendor payments by automating the payment initiation from source documents.
Global Payments
A cross-border payments service that enables businesses to move money to virtually anywhere in the world across 140+ currencies and more than 200 countries. It is designed for speed, security, and transparent pricing to simplify international transactions.
Invoice Automation
An AP automation module that enables businesses to process more invoices faster with fewer errors and lower costs. It digitizes invoice receipt, coding, and approval workflows to reduce manual data entry and processing time.
Lodging Payments
A managed payment solution for businesses that need to book and pay for workforce lodging, including support for airline passengers and crews. It simplifies billing and provides centralized oversight of lodging expenditures.
Multi-Currency Accounts
A service that allows businesses to receive and pay out foreign currencies through a secure account held in the business's own name. It simplifies management of multiple currencies without requiring separate bank relationships in each country.
Payments Automation
An AP automation module that eliminates manual payment processes, reduces costs, and can drive new revenue for finance teams. It automates the execution of vendor payments across payment methods to increase speed and accuracy.
PO Automation
An AP automation module that automates purchasing and approval workflows to prevent errors and overspending. It ties purchase orders to invoices and enforces controls before payments are made.
Prepaid Cards
A paycard and disbursement solution designed for workforce payments, enabling faster and more inclusive payment delivery to employees. It supports businesses in distributing funds to workers who may not have traditional bank accounts.
Vehicle Payments
A category of payment solutions that simplifies how drivers pay for vehicle-related expenses including fuel, electric vehicle charging, parking, auto insurance, tolls, and maintenance or service. These solutions are designed to give businesses control and visibility over vehicle-related spend.
Virtual & Ghost Cards
Instant, secure card-based payment instruments designed for vendor payments, subscriptions, and one-time spend. These cards allow businesses to issue controlled payment credentials without a physical card, reducing fraud risk and simplifying reconciliation.
Considering Corpay?
Our team will work with you to determine if Corpay is the right fit for your organization. From research and assessment through procurement negotiation and ongoing vendor management — we handle the entire process at no cost to you.