B2B Payments

BP’s Latest Fleet Card Push

Shutterstock

BP has made moves in recent months to increase commercial fleet card use at its stations. Last September, fleet card issuer WEX announced an agreement with BP to see the fuel company accept WEX cards at more gas stations across the U.S.

This time, BP has struck another partnership, though not directly with WEX. Reports Wednesday (Nov. 25) said BP will collaborate with fellow fuel firm Esso in the U.K. in a mutually beneficial plan to increase the use of both companies’ fleet cards.

[bctt tweet="BP will collaborate with fellow fuel firm Esso to increase fleet card use."]

According to reports, Esso will enable Shell fleet card use at its stations, while Shell will enable Esso fleet card use at its own. Shell sites will also accept the two card products.

WEX Europe Services issues the Esso fleet card, so BP’s latest partnership is yet another deal, albeit indirectly, with the corporate payments company.

The companies will see their card networks expand to 3,400 sites following the rollout, which will begin next year.

In a statement, BP Fuel Cards U.K. Fuel Card Manager Naftali Gefen said that the partnership is a way to “further improve our offer to BP Plus fleet customers, giving their drivers even more of a choice and availability when traveling throughout the U.K.”

Similarly, Esso U.K. Retail Sales Manager Duncan Connolly spoke to the convenience for fleet drivers that the collaboration will bring.

In his own statement, WEX Europe Services Managing Director Malcolm Joyce said that the company will be looking to further deepen its ties in the region in an effort to give fleet drivers greater choice and convenience when they need to refuel.

——————————

NEW PYMNTS STUDY: ACCELERATING THE REAL-TIME PAYMENTS DEMAND CURVE – NOVEMBER 2020

About: Accelerating The Real-Time Payments Demand Curve:What Banks Need To Know About What Consumers Want And Need, PYMNTS  examines consumers’ understanding of real-time payments and the methods they use for different types of payments. The report explores consumers’ interest in real-time payments and their willingness to switch to financial institutions that offer such capabilities.

TRENDING RIGHT NOW