Marathon Petroleum renews fuel card program with WEX
Payment solutions firm WEX has been tapped again to operate Marathon Petroleum’s commercial fuel card program after an initial five-year contract between the companies.
WEX, under a multi-year agreement, will provide Marathon with sales and marketing resources to further drive Marathon’s retail growth.
Since WEX took over Marathon’s fleet card program in 2012, its fuel card portfolio has experienced consistent double-digit year-over-year growth and decreased attrition, according to a company release.
WEX manages customer fueling card programs for many of the world’s major oil brands, and for all 10 of the Top 10 of US convenience store brands by market share.
Finland, Ohio-based Marathon Petroleum is a major oil refining, marketing, and transportation company whose Marathon-brand gasoline is sold through approximately 5,800 independently-owned retail outlets in the US.