WEX Signs Prepaid Fuel Card Processing Agreement with Shell
SOUTH PORTLAND, Maine -- July 15, 2014
WEX 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
News media contact:
Jessica Roy, 207-523-6763
Investor Relations contact:
Michael E. Thomas, 207-523-6743
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