Chevron partners with WEX Bank for fleet card solutions
Chevron USA Inc, through subsidiary Chevron Products Company, has signed a long-term agreement with WEX Bank, a subsidiary of WEX, Inc, a global provider of corporate payment solutions, to issue and manage Chevron- and Texaco-branded commercial fleet cards starting 2018.
Under the terms of the agreement, WEX will provide Chevron and Texaco customers with related payment services and complete range of solutions and benefits to manage their fleets.
Chevron and WEX will also build a comprehensive sales and marketing program for direct sales and will also support the local efforts of Chevron and Texaco marketers and retailers through a network of nearly 8,000 branded retail locations in the United States and Canada, stated a company release.
“The agreement with Chevron 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,” said Melissa Smith, WEX’s President and Chief Executive Officer.