WEX Card Australia, a subsidiary of WEX Inc (NYSE: WEX), a provider of corporate payment solutions, has signed a significant agreement with Z Energy Ltd (NZX & ASX: ZEL).
Z Energy, a leading New Zealand fuel retail and transport energy company, selected WEX to develop, support and manage a fuel card processing platform for Z Energy in New Zealand along with an agreement to process Z Energy’s fuel cards over the next five years.
“Our ongoing investment in our technology infrastructure and front end systems is strengthening our reputation as the fuel card provider of choice for the major fuel companies in the region,” claimed WEX Asia Pacific managing director Rick Rose.
The wire service Associated Press said WEX claims to be a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through more than 3,500 associates around the world.