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WEX Evolves Fuel Payments from Plastic to Phone

Payments Pioneer Launches DriverDash, the Mobile Payment Solution for Fleet

SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Jun. 18, 2018-- WEX Inc., a leading provider of innovative corporate payment solutions, today announced the launch of DriverDash, a simple, easy-to-use alternative to plastic for added security.

DriverDash lets fleet drivers authorize a fuel transaction from inside their vehicles to create a seamless and secure transaction via mobile device.

WEX Vice President of Product, Peggy Watson said, “DriverDash is the next evolution in fuel cards: powerful, fast, simple and convenient. We’re thrilled to continue to use our innovative technology to provide customers with modern, safe, seamless ways to pay for their fuel and capture their data.”

DriverDash borrows heavily from the long WEX tradition of using proprietary technology in close consultation with customers to develop products that make the daily operations of their job easier.

“Drivers will get a faster, easier, intuitive payment experience,” she said. “Businesses will see less downtime for fueling and enhanced transaction security. DriverDash uses thumbprint or facial recognition to authorize and document the transaction and drivers can only utilize the app upon receiving an invite from the fleet manager.”

The DriverDash program is currently available at more than 11,000 Exxon and Mobil-branded service stations across the continental U.S. and WEX is actively expanding the network among its accepting merchants.

“We are excited to partner with WEX in accepting the DriverDash mobile payment app, for use with our proprietary ExxonMobil fleet cards,” said Miguel Castillo, Americas Payments Marketing Manager, ExxonMobil Fuels and Lubricants. “This is a great addition to our fleet card benefits, and we look forward to continuously innovating with WEX to meet the evolving needs of our customers.”

“We live in a mobile age in which we use our phones for just about everything,” Watson said. “So as we continue to look at ways to better serve our customers, it only made sense to bring our traditional payments platform to mobile devices.”

About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment solutions. From its roots in fleet card payments beginning in 1983, WEX has expanded into a multi-channel provider of corporate payment solutions representing 11 million vehicles and offering exceptional security and control across a wide spectrum of business sectors. WEX serves a global set of customers and partners with offices in the United States, Australia, New Zealand, Brazil, the United Kingdom, Italy, France, Germany, Norway and Singapore. WEX and its subsidiaries employ more than 3,000 associates. The company has been publicly traded since 2005, and is listed on the New York Stock Exchange under the ticker symbol “WEX.” For more information, visit www.wexinc.com and follow WEX on Twitter at @WEXIncNews.

About ExxonMobil
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, and is one of the world’s largest integrated refiners, marketers of petroleum products and chemical manufacturers. For more information about Exxon and Mobil brands, visit www.exxon.com/about-us.

Source: WEX Inc.

WEX Inc.
Robert Gould, 207-523-7429
robert.gould@wexinc.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding WEX Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.