FleetCor, Now Corpay, Agrees to Pay $100 Million Over Hidden Fuel Card Fees and Savings Claims

FleetCor, now known as Corpay, and CEO Ronald Clarke have agreed to pay $100 million to resolve an FTC administrative action involving hidden or unauthorized fuel card fees and deceptive claims about savings. The FTC says the money will be used to provide redress to harmed business customers if the proposed settlement becomes final. Tada Images/Shutterstock

FleetCor Technologies, now known as Corpay, and its CEO Ronald Clarke have agreed to pay $100 million to resolve a Federal Trade Commission administrative action involving fuel cards marketed largely to small businesses.

The proposed settlement, announced September 17, follows years of litigation over FleetCor’s fuel card practices. According to the Federal Trade Commission, the company charged customers hidden or unauthorized fees and made deceptive claims about fuel savings, fees and fraud-control features associated with its cards.