WEX’s payments technology offers features that help fleet management companies solve operational complexities, streamline business payments, and substantial savings for clients.
“Moving to WEX’s industry-leading services for our fuel management program is a game changer,” said Steven Curt, Merchant’s VP of client experience, in an Aug. 30 news release. “This partnership brings two industry leading companies together in our shared dedication to enhancing client experience and driving efficiency.”
How Merchants and Drivers Benefit
The move to WEX as a fuel management solution allows Merchants Fleet to provide clients access to a closed-loop fuel-specific network.Drivers benefit from network accessibility and ease-of-payment while fleet managers can benefit from streamlined processes, cost savings, and enhanced fraud protection.
What won’t be changing is 24/7 access to effective controls and detailed reporting to simplify purchases, enhance compliance, and streamline expense management.
Merchants will also implement WEX’s financial technology solutions and acceptance network into its own internal systems. Through the WEX platform, Merchants said it aims to improve efficiency, reduce fraud, increase speed, and achieve cost savings on accounts payable transactions.
“Large businesses, mid-sized companies, governments, educational institutions, and more rely on Merchants Fleet to keep their vehicles on the road and to realize impressive cost savings,” said Brian Fournier, WEX’s GM of North American mobility.