STOCK TITAN

WEX® and bp Partner on earnify™fleet Fuel Card Program

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

Drivers can purchase fuel and vehicle-related products or services anywhere WEX and Mastercard® are accepted

PORTLAND, Maine--(BUSINESS WIRE)-- WEX® (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced a new partnership with energy leader bp to provide fleet drivers access to fuel savings through the earnifyfleet fuel card program in the U.S. Moving forward, earnifyfleet cards can be used for fuel and vehicle-related purchases at merchants that accept WEX and Mastercard® with on-going fuel rebates available at over 8,000 stations across the bp family of brands. Designed for small businesses and large fleets, this partnership will expand the program’s valuable fuel rebates to bp, Amoco, TravelCenters of America, TA Express, and Petro stations across the country.

“With the earnifyfleet card, we’re combining WEX’s leading payments technology with bp’s robust fueling network to give fleets a smarter, more efficient way to manage operations,” said Brian Fournier, Americas SVP & GM, Mobility at WEX. “From real-time controls to detailed data insights and fraud protection, this program demonstrates how WEX technology is driving the next generation of fleet payment innovation.”

Drivers can use their earnifyfleet card to pay for parts and service, tolls, car washes, parking, and roadside assistance. With all of these options available on one card, this simplified solution can also be utilized for integrated reporting and invoicing. Business owners and fleet operators can set purchase controls on employee spending based on product type, dollar amount, time of day, and more. The cards come with EMV chip technology, giving businesses extra protection from fraud.

earnifyfleet drivers can sign up for the earnify rewards program and earn personal loyalty points when they fuel for work at participating locations. This added benefit is designed to enhance earnifyfleet driver satisfaction and encourage in-network fueling, benefiting both drivers and fleet managers.

“We’re excited to expand our long-standing relationship with WEX as we launch the earnifyfleet card,” said Debi Boffa, CEO of TravelCenters of Americas and bp VP of Fleet Mobility. “By creating a new card program that brings together all of our fuel brands — bp, Amoco, TA, Petro, and TA Express — we’re making it easier than ever for fleet customers of all sizes to fuel, save, and stay loyal across our entire network.”

The combined power of WEX and Mastercard satisfies customer needs for more comprehensive coverage and greater purchasing power by offering expanded Mastercard acceptance for a range of vehicle-related expenses, all through one-card convenience.

“We’re delighted to collaborate with WEX and bp to launch this next-generation fleet card offer,” said Mark Aquilina, SVP, Corporate Solutions and B2B Transportation at Mastercard. “Mastercard's purchasing capabilities, security, and added convenience will help deliver even more value for commercial customers and we look forward to the impact this program will have on fleets across the country.”

About WEX

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility, and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.

Forward-Looking Statements

This press release contains forward-looking statements including, but not limited to, statements regarding the expected benefits resulting from the Company’s new partnership with bp relating to the earnifyfleet fuel card program in the U.S. Any statements in this press release that are not statements of historical facts are forward-looking statements. When used in this press release, the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “positions,” “confidence,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. Forward-looking statements relate to our future plans, objectives, expectations, and intentions and are not historical facts and accordingly involve known and unknown risks and uncertainties and other factors that may cause the actual results or performance to be materially different from future results or performance expressed or implied by these forward-looking statements, including the ability of the Company and its customers to realize the expected benefits Company’s new partnership with bp relating to the earnifyfleet fuel card program in the U.S. and the Company’s ability to successfully convert the existing BP portfolio to the WEX platform; as well as other risks and uncertainties identified in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission on February 20, 2025, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the Securities and Exchange Commission on May 1, 2025 and subsequent filings with the Securities and Exchange Commission. The forward-looking statements speak only as of the date of this press release and undue reliance should not be placed on these statements. The Company disclaims any obligation to update any forward-looking statements as a result of new information, future events, or otherwise.

Media:

Johnston Farrow, 832-823-3044

johnston.farrow@wexinc.com

Investors:

WEX

Steve Elder, 207-523-7769

Steve.Elder@wexinc.com

Source: WEX

Wex Inc

NYSE:WEX

WEX Rankings

WEX Latest News

WEX Latest SEC Filings

WEX Stock Data

5.50B
33.85M
0.78%
106.8%
2.69%
Software - Infrastructure
Services-business Services, Nec
Link
United States
PORTLAND