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A fuel card valid in Belgium. A fuel card or fleet card is used as a payment card most commonly for gasoline, diesel, and other fuels at gas stations. Fleet cards can also be used to pay for vehicle maintenance and expenses at the discretion of the fleet owner or manager. Most fuel cards are charge cards.
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WEX Fleet provides vehicle fleet customers with fuel cards and data and telematics offerings for drivers. In 2012, WEX Fleet acquired Fleet One to provide fleet cards to drivers. [ 11 ] WEX Fleet also partners with GasBuddy , [ 12 ] OnDeck Capital , [ 13 ] and Chevron , [ 14 ] among other companies, to provide services to customers.
A fleet card is used as a payment card, most commonly for gasoline, diesel and other fuels at gas stations. Fleet cards can also be used to pay for vehicle maintenance and expenses, at the discretion of the fleet owner or manager. The use of a fleet card reduces the need to carry cash, thus increasing the security for fleet drivers.
Fleetcor won the $300 million Shell Europe/Asia fleet card processing contract (with Logical) in 2011 [25] and acquired Mexico’s Efectivale (a fuel and food payments services company) [26] and acquired AllStar Business Solutions (fuel card provider in the UK market) for $304 million. [27]
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