Three-Year Agreement Provides Verizon with Best-in-Class Fuel Card
Technology
SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Dec. 5, 2017--
Today, WEX
Inc., a leading global provider of corporate payment solutions,
announced a three-year fleet card contract with Verizon, which operates
one of the largest private vehicle fleets in the U.S.
WEX will provide more than 25,000 fleet cards to Verizon and will
provide the communications company with additional insight into its
fleet operations using WEX’s proprietary ClearView analytics platform.
Bernie Kavanagh, senior vice president and general manager of North
America large fleet and strategic relationships at WEX, said: “Our
best-in-class technology and superior resources are designed to help
Verizon achieve strategic success. We look forward to a close
relationship allowing us to co-develop new solutions that will benefit
both our businesses.”
ClearView – a data visualization tool that’s unique in the fleet
industry – provides actionable data to help companies identify long-and
short-term trends, efficiencies and cost-saving opportunities.
For more information about WEX, please visit: www.wexinc.com.
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 11 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 3,000
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 www.wexinc.com and
follow WEX on Twitter at @WEXIncNews.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171205005141/en/
Source: WEX Inc.
WEX Inc.
Robert Gould, 207-523-7429
WEX Public Relations
robert.gould@wexinc.com