WEX Reaches Agreement to Acquire ExxonMobil’s Business Card Portfolio

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PORTLAND, Maine — WEX and ExxonMobil are working to bring together ExxonMobil’s entire commercial card portfolio on a single platform.

Under an ongoing agreement, WEX will acquire the oil company’s Exxon Mobil Business Card program. Once the deal is finalized, ExxonMobil’s entire commercial card portfolio will be consolidated and administered by WEX.

“Consolidating the ExxonMobil business card into our Exxon Mobil BusinessPro program with WEX will provide a streamlined business card offering for potential customers,” said Austin Johansen, director of fleet marketing at ExxonMobil. “WEX has been a valued partner for ExxonMobil, providing excellent services and offerings to fleets and small businesses.”

The Exxon Mobil BusinessPro program provides convenience, security and control for small businesses. It supports a private label revolving credit card offer that can be used at more than 12,000 Exxon and Mobil locations in the United States, as well as cross-border acceptance in Canada.

Cardholders can save with fuel discounts of up to 6 cents per gallon on all Synergy fuel grades. In addition to savings from the rebate, cardholders enrolled in the Exxon Mobil Rewards+ program continue to earn points on fuel purchases, such as four bonus points per gallon of fuel when qualified as a Frequent member. Filler.

“WEX’s ExxonMobil team is very excited to welcome these customers to our North American business portfolio, completing the consolidation of all of ExxonMobil’s commercial card business to WEX,” said Gene Currier. , Vice President and Chief Commercial Officer of WEX. “Customers will enjoy the same benefits, purchase controls and savings opportunities as all other Exxon Mobil BusinessPro customers in the United States and Canada.”

In February, ExxonMobil partnered with Citi Bank to offer an enhanced credit card: Exxon Mobil Smart Card+.

The program, which launched Feb. 1, offers customers instant savings at the pump with up to 12 cents per gallon in credit card savings at more than 12,000 Exxon and Mobil stations, as reported. reported Convenience Store News.

Specifically, Exxon Mobil Smart Card+ users will save 12 cents on every gallon of Synergy Supreme+ gasoline and 10 cents per gallon on other Synergy fuel grades.

Portland-based WEX is a global commerce platform that offers seamlessly integrated custom solutions to customers around the world. With its rich data and specialized expertise in simplifying benefits, reinventing mobility, and paying and getting paid, WEX aims to enable businesses to easily overcome complexity and reach their full potential. .

Based in Spring, Texas, ExxonMobil is one of the world’s largest publicly traded energy companies.

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