SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Jul. 15, 2014--
Inc. (NYSE: WEX), a leading provider of corporate payment solutions,
today announced that it has signed an agreement with Shell to process
Shell’s new prepaid fuel card transactions within its commercial fleet
business in Europe and Asia alongside Shell’s existing B2B platform.
“We are thrilled that Shell has selected WEX as a prepaid fuel card
processor,” said Melissa D. Smith, president and CEO of WEX. “This new
relationship underscores the relative quality and innovation of our
fleet products and signifies an exciting step in our long-term growth
strategy. We are very pleased to introduce a prepaid fleet product
working with Shell.”
Shell is a global group of energy and petrochemical companies.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment
solutions. From its roots in fleet card payments beginning in 1983, WEX
has expanded the scope of its business into a multi-channel provider of
corporate payment solutions representing more than 7.8 million
cardholders and offering exceptional payment security and control across
a wide spectrum of business sectors. The Company’s operations include
WEX Bank, Fleet One, Pacific Pride, rapid! PayCard, WEX Australia, WEX
New Zealand and WEX Europe as well as a majority equity position in UNIK
S.A., Brazil. WEX and its subsidiaries employ more than 1,400
associates. For more information about WEX, please visit www.wexinc.com.
Source: WEX Inc.
News media contact:
Jessica Roy, 207-523-6763
Michael E. Thomas, 207-523-6743