Fleetcor's Digital Payments Ready For Mainstreaming Of EV Travel [Forbes]
Corpay, Inc. (CPAY)
Company Research
Source: Forbes
And one of the frontiers of that industry is electric-vehicle charging. As actors from the federal government to state governments to automakers to utilities scramble to construct and extend EV-charging infrastructure that is crucial to the mainstreaming of EVs, Fleetcor stands ready to handle driver payments for kilowatts just as it handles many other forms of digital payments that lubricate the global economy. It's just that there's not truly significant demand yet. “Payment systems will not be a hindrance for EVs,” Tom Panther, Fleetcor's CFO, told me. “In the U.K. and the U.S., the payments industry has no issue connecting a person who owns an EV to a company that built a charging station and allow them to exchange money for kilowatt hours. “That plumbing exists and it's ubiquitous and it isn't a hindrance to EVs taking off. The hindrance is, first, an infrastructure challenge that now has created a consumer-demand anxiety, and those two things are kind of self-fulfilling. U
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News
- Comdata® Launches OneClick™ Fraud Protection Tool [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Comdata® Launches OneClick™ Fraud Protection Tool [Yahoo! Finance]Yahoo! Finance
- Corpay, Inc. (NYSE: CPAY) was downgraded by analysts at Wolfe Research from a "peer perform" rating to an "underperform" rating. They now have a $295.00 price target on the stock.MarketBeat
- The Leadership Journey Lifecycle: Undiscovered Leaders [Forbes]Forbes
- Corpay to Participate in Upcoming Investor ConferencesBusiness Wire
CPAY
Earnings
- 5/8/24 - Beat
CPAY
Sec Filings
- 5/10/24 - Form SC
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- CPAY's page on the SEC website