The proprietary fleet fuel card program of Valero Energy Corp., which is a Fortune 50 international manufacturer and marketer of transportation fuels and petrochemical products, will commence management by leading financial technology service provider, WEX.
Expected to be fully implemented by April 1, 2020, the agreement will enhance the technology and service of the fleet fuel card program, including introducing the ability to make mobile payments, and will provide added benefits to Valero’s fleet customers. Long-term partners, Valero and WEX, previously had a card acceptance agreement.
Brian Fournier, Senior Vice President of Global Fleet Partners at WEX, said, “We’re excited for the addition of Valero to WEX’s commercial fuel card portfolio and look forward to deepening the brand’s value in its core markets. This relationship positions us to help Valero grow commercial volume by providing best-in-class technology, sales and marketing to Valero’s commercial programs, offering its fleet card customers a number of services and conveniences they have not had in the past.” PWKD19122019