NORCROSS,  USA: FleetCor Technologies, Inc., a provider of fuel cards and workforce payment products to businesses, has signed a long term fuel card system processing contract with Caltex, Australia. Under the terms of this agreement, FleetCor will implement its Global FleetNet (GFN) fuel card processing platform to run the Caltex private label commercial card program. The hosted GFN solution will replace Caltex's existing vendor's legacy system.
Caltex is claimed as Australia's largest fuels retailer, and operates the market's largest commercial fuel card program. "Fuel cards are an important part of our business and we believe our partnership with FleetCor will help us not only meet, but exceed the demands of our customers for many years," said Caltex Marketing Services Manager, Michael Ridley-Smith. "Fuel card operations are complex by definition, and FleetCor's broad international experience was a key component in our decision to select them."
Ron Clarke, FleetCor's chairman and CEO said, "We are excited to be selected by Caltex for this important assignment. It reconfirms our view that GFN is the industry standard among today's fuel card systems."
Customization of the system commences January 2014, with conversion planned for early 2015.