B2B Payments

WEX To Issue Shell’s Commercial Fleet Cards

Fuel conglomerate Shell has chosen commercial payments company WEX to issue its suite of commercial fleet cards in the U.S. and Canada, the companies announced Monday (June 4). Equilon Enterprises LLC (DBA Shell Oil Products U.S. and Shell Canada Products) will have WEX issue its full portfolio of fleet cards in both markets, adding that the first product rolling out from the partnership will launch later this year.

Corporate fleet customers of Shell will be linked to WEX’s fleet payments and management functionality through Shell card products, including its Shell Fleet Navigator Card and Shell Small Business Card.

“We are excited to offer better functionality and improved customer service to our Fleet Solutions customers by building on our state-of-the-art fleet controls,” said Rusty Barron, Shell Fleet North America vice president and general manager, in a statement. “Delivering dedicated, best-in-class customer service is important to us, and this new relationship with WEX highlights our commitment to providing customers with personalized support and new, innovative features to solve their unique fleet management challenges.”

WEX President and CEO Melissa Smith in another statement, “We’re excited to add the Shell brand to our commercial fleet card services portfolio, and to leverage their strong market presence in North America. The agreement with Shell underscores our commitment to growth in the North American fleet market and offers fleet customers another robust fleet card program option with one of the most recognized brands in the industry.”

Earlier this year, WEX noted in the announcement, Shell implemented the WEX network specification WEX Spec, providing enhanced fleet spend visibility to corporate fleet clients of Shell. In April, WEX announced upgraded fleet management and spend analytics capabilities through its ClearView solution, updated to ClearView Snap.

——————————

PYMNTS LIVE ROUNDTABLE: TUESDAY, JULY 14, 2020 AT 12:00 PM (ET)

Digital transformation has been forcefully accelerated, but how does that agility translate into the fight against COVID-era attacks and sophisticated identity threats? As millions embrace online everything, preserving digital trust now falls mostly on banks and FIs. Now, advances in identity data and using different weights on the payment mix afford new opportunities to arm organizations and their customers against cyberthreats. From the latest in machine learning for fraud and risk, to corporate treasury teams working in new ways with new datasets, learn from experts how digital identity, together with advances like real-time payments, combine to engender trust and enrich relationships.

TRENDING RIGHT NOW