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WEX Expands Geographic Coverage for Oil Customers in Asia

Leverages over 20 Years of Experience Processing Transactions and Managing Businesses’ Fully Outsourced Portfolios in North America

SINGAPORE--(BUSINESS WIRE)--Apr. 13, 2016-- WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced several key milestones as part of its expanding fleet services in Asia, where it has been serving oil companies for nearly a decade.

WEX’s white label solution has expanded from providing hosting and transaction management services for processing fleet payments in Asia to offer a new suite of services including funding of receivables, customer service, and collections for oil companies.

Leveraging WEX’s success and strength in Australia and New Zealand, the company has now expanded its services to Guam, Saipan and Singapore in Asia.

George Hogan, SVP International, of WEX, said: “We are thrilled to better serve the oil companies in Asia that are using our new solutions and continuing to trust us to represent their brands as the partner behind their white label fuel card programs.” Hogan continued, “Our industry-changing solutions and award-winning customer service are meeting the needs of current and future customers in Asia who turn to WEX to help simplify complex payment environments.”

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 9 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors. WEX serves a global set of customers and partners through its operations around the world, with offices in the United States, Australia, New Zealand, Brazil, the United Kingdom, Italy, France, Germany, Norway, and Singapore. WEX and its subsidiaries employ more than 2,000 associates. The Company has been publicly traded since 2005, and is listed on the New York Stock Exchange under the ticker symbol “WEX.” For more information, visit and follow WEX on Twitter at @WEXIncNews.

Source: WEX Inc.

Media Contact:
For WEX Inc.
Jessica Roy, +1-207-523-6763