Investment and Growth Planned for Point of Sale at Truck Stops as PDI Technologies Acquires Comdata Merchant Solutions
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PDI Technologies has acquired Comdata Merchant Solutions from Corpay Inc., enhancing its Point of Sale capabilities for truck stops and commercial fueling locations. Comdata retains its fuel card and payment acceptance business.
December 02, 2024 | 7:45 pm
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Corpay Inc. has sold its Comdata Merchant Solutions business to PDI Technologies, retaining its fuel card and payment acceptance operations.
The sale of Comdata Merchant Solutions to PDI Technologies allows Corpay to focus on its core fuel card and payment acceptance business. This strategic move may not significantly impact Corpay's stock price in the short term as it retains its main business operations.
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