The Federal Trade Commission (FTC) has reached a settlement with FleetCor Technologies Inc., now known as Corpay Inc., and its CEO Ronald Clarke, requiring them to pay $100 million. This settlement addresses allegations that FleetCor charged its customers, primarily small businesses, unauthorized fees related to their fuel cards, which were falsely marketed as cost-saving tools.

The FTC's complaint, initially filed in 2019, claimed that FleetCor imposed a variety of undisclosed fees that customers were unaware of and had not consented to, amounting to hundreds of millions of dollars in harm to tens of thousands of customers. Additionally, FleetCor was accused of charging late fees to customers who had either paid on time or were prevented from doing so.

According to FTC officials, FleetCor misrepresented the savings and features of its fuel cards, leading to significant deception among its small business clientele. The company often delayed the imposition of fees, making them less noticeable, and obscured fee information in invoices, requiring customers to seek out additional reports to discover the charges.

A federal district court ruled in favor of the FTC in 2023, confirming that FleetCor had indeed charged hidden fees and misrepresented its services. The court's order permanently prohibits FleetCor from billing customers without their express informed consent and from making deceptive claims about its products. A federal appeals court upheld this ruling in 2026, affirming the injunction against FleetCor.

As part of the settlement, the $100 million will be allocated to compensate affected business customers. FleetCor and Clarke have also agreed to not contest the reimposition of a federal court injunction against Clarke. The FTC's consent agreement will be published for public comment before it becomes final.