Wednesday, 17 May 2017

WEX SIGNS MULTI COUNTRY LONG-TERM FUEL CARD PROCESSING DEAL WITH CHEVRON



MELBOURNE, Australia, May 17 (Bernama-BUSINESS WIRE) -- WEX Card Australia Pty Ltd, a subsidiary of WEX Inc.
(NYSE: WEX), a leading provider of corporate payment solutions, today
announced that it has signed two significant agreements with Chevron
International Pte. Ltd.
 
Chevron,
a leading global integrated energy company, has selected WEX to
develop, support and manage a fuel card processing platform for Chevron
in 5 countries namely, Singapore, Hong Kong, Malaysia, Thailand and the
Philippines. The second pillar of the deal includes an agreement to
process Chevron’s fuel cards over the next 10 years.

“These
agreements are testament to the capability of the WEX business in the
Asia Pacific region. Increasingly we are seeing that WEX is the fuel
card provider of choice for the major fuel companies in the region,”
said George Hogan, WEX International Senior Vice President. “This
agreement demonstrates that we are able to deliver complex projects and
leading solutions for our partners to allow them to concentrate on their
core function of getting fuel to their customers.”

While WEX has
already been growing its footprint in Asia, this new deal represents
its expansion into three additional countries in the region for the fuel
arm of the business specifically Malaysia, Thailand and the
Philippines.

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 10 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 2,700 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.

For more information about WEX Australia, please visit www.wexaustralia.com.

About Chevron
Chevron
Corporation is one of the world's leading integrated energy companies.
Through its subsidiaries that conduct business worldwide, the company is
involved in virtually every facet of the energy industry. Chevron
explores for, produces and transports crude oil and natural gas;
refines, markets and distributes transportation fuels and lubricants;
manufactures and sells petrochemicals and additives; generates power;
and develops and deploys technologies that enhance business value in
every aspect of the company's operations. Chevron is based in San Ramon,
Calif. More information about Chevron is available at www.chevron.com.

Contacts
WEX Inc.
News media contact:
Robert Gould, 207-523-7429
Robert.Gould@wexinc.com
or
WEX Asia Pacific
News media contact:
Susan Nicholson, +61 417 061 722
susan.nicholson@wexaustralia.com
 
Source: WEX Inc.




WEX SIGNS MULTI COUNTRY LONG-TERM FUEL CARD PROCESSING DEAL WITH CHEVRON

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