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FleetCor Technologies Signs Joint Venture Deal With CAIXA for Electronic Payment Services

05/11/2021 05:30

09:27 AM EDT, 05/11/2021 (MT Newswires) -- FleetCor Technologies (FLT) said Tuesday its subsidiaries in Brazil signed a 20-year joint venture deal with Brazilian bank CAIXA, giving the the latter's clients access to electronic payment solutions such as automatic toll tags, fuel cards, and transportation and food vouchers.

FleetCor partnered on the joint venture with meal and food vouchers provider VR Beneficios to fulfill certain product requirements in the deal.

The agreement is subject to approval by certain regulatory bodies.

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