Puma Energy partners with WEX and OTI PetroSmart to push African growth
Puma Energy has selected WEX’s IFCS payment processing system to support its on-road B2B fuelling offer in Africa.
IFCS, which is integrated with OTI PetroSmart’s automated vehicle identification (AVI) solution, EasyFuelPlus, which uses NFC technologies to identify, authorize and complete fuelling transactions for eligible vehicles.
The new form of payment used by Puma Energy is specifically designed for managing and billing sales of petroleum products to commercial fleet customers, the system includes device management, support for pre- and postpaid host authorization, transaction processing, and accounting and reporting functions.
“Over the last couple of years, Puma Energy has embarked on a strategy to standardize its retail site architecture to facilitate innovation. We are excited about leveraging this site architecture to introduce a premium B2B offer, with a view to helping our customers succeed and thereby growing our market share in Africa,” said Alessio Torelli, global head of retail for Puma Energy.
OTI PetroSmart is positioned as the WEX VAR in Africa and has contracted with Puma Energy to implement WEX in selected key markets, with an initial focus on Southern Africa, where the solution is being commissioned to coincide with the deployment of the EasyFuelPlus technology.
Puma Energy owns and operates a network of 101 storage terminals as well as more than 2,500 retail sites in Latin America, Africa and Asia Pacific, and is present at 68 airports.
