WEXcard

WEX's suite of services is tailored to meet the diverse needs of businesses, particularly in the areas of fleet management, corporate payments, and employee benefits.​

Fleet Cards and Fuel Management

WEX offers fleet cards that empower businesses to track fuel expenses automatically, reduce overall fueling costs, and take advantage of special discounts. These cards provide detailed transaction data, enabling businesses to monitor fuel consumption, identify inefficiencies, and implement cost-saving measures. The WEX fleet card mobile app further enhances convenience by allowing users to access account information, view transactions, make payments, and manage cards on the go. ​

Corporate Payments

In the realm of corporate payments, WEX provides solutions that streamline accounts payable processes, enhance supplier relationships, and reduce fraud risks. Their virtual card offerings and payment processing services are designed to optimize B2B transactions, ensuring timely and secure payments. By integrating with existing financial systems, WEX's payment solutions help businesses automate workflows, improve cash flow management, and gain better control over expenditures. ​

Employee Benefits

WEX also specializes in employee benefits administration, offering platforms that simplify the management of health savings accounts (HSAs), flexible spending accounts (FSAs), and other reimbursement accounts. Their customizable and integrated benefits administration and enrollment solutions engage employees and streamline HR processes. By providing a user-friendly interface and comprehensive support, WEX helps organizations enhance employee satisfaction and retention.

Key Features & Specifications

• Comprehensive Fleet Management: WEX's fleet cards offer automatic fuel accounting and expense tracking, eliminating the need for manual receipt collection and simplifying reporting. ​

• Mobile Accessibility: The WEX fleet card mobile app provides easy account access, allowing users to look up driver PINs, view transactions, make or schedule payments, and manage cards remotely. ​

• Fuel Tax Reporting: WEX's software tracks, calculates, and creates all required fuel tax reports accurately and on time, integrating with mapping and routing providers to recreate actual travel routes, ensuring compliance and audit readiness. 

• Online Account Management: Through the WEXOnline program, users can perform account maintenance, view invoices, transaction details, establish purchase alerts, and manage purchase controls, providing comprehensive control over fleet operations. ​

• Secure and Efficient Payments: WEX's corporate payment solutions include virtual cards and payment processing services that optimize B2B payables, reduce dependency on paper checks, and mitigate fraud risks. 

• Customizable Benefits Platform: WEX's employee benefits solutions offer a customizable and integrated benefits administration and enrollment platform, supporting various reimbursement accounts and enhancing the employee experience. 

By leveraging WEX's comprehensive services, businesses can streamline operations, reduce costs, and focus on growth, while ensuring compliance and enhancing employee satisfaction.