WEX Signs Long-Term Fuel Card Processing Deal with Z Energy
December 03 2018 - 02:45PM
Business Wire
WEX Card Australia, a subsidiary of WEX Inc. (NYSE: WEX), a
leading provider of corporate payment solutions, today announced
that it has signed a significant agreement with Z Energy Ltd.
Z Energy, a leading New Zealand Transport Energy Company, has
selected WEX to develop, support and manage a fuel card processing
platform for Z Energy in New Zealand along with an agreement to
process Z Energy’s fuel cards over the next 5 years.
“Our ongoing investment in our technology infrastructure and
front end systems is strengthening our reputation as the fuel card
provider of choice for the major fuel companies in the region,”
said Rick Rose, WEX Asia Pacific Managing Director. “We are
delighted to commence our relationship with Z Energy and look
forward to supporting the Z Energy fuel card business, which will
allow them to concentrate on their core function of delivering
quality fuel to their customers.”
While WEX has already been growing its footprint in Asia
Pacific, this new deal represents its further expansion into New
Zealand for the fuel arm of the business.
About WEX Inc.
Powered by the belief that complex payment systems can be made
simple, WEX Inc. (NYSE: WEX) is a leading provider of payment
processing and business solutions across a wide spectrum of
sectors, including fleet, travel and healthcare. WEX operates in
more than 10 countries and in more than 20 currencies through more
than 3,500 associates around the world. WEX fleet cards offer 11.5
million vehicles exceptional payment security and control; purchase
volume in its travel and corporate solutions segment grew to $30.3
billion in 2017; and the WEX Health financial technology platform
helps 300,000 employers and more than 25 million consumers better
manage healthcare expenses. For more information, visit
www.wexinc.com.
For more information about WEX Australia, please visit
www.wexaustralia.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20181203005831/en/
WEX Inc.News media contact:Rob Gould, +1 207 523
7429Robert.Gould@wexinc.comorWEX Asia PacificNews media
contact:Kathryn Grant, +61 450 965
024kathryn.grant@wexaustralia.com
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