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TheStreet Open House

PrePass Selects WEX Fleet One As Commercial Fleet Fueling Card Partner

Stocks in this article: WEX

WEX Fleet One, a leading provider of fuel cards and fleet-related payment solutions, announced today that it will be the sole provider of private label fuel cards for PrePass.

The new partnership between PrePass and WEX Fleet One will bring new PrePass-branded fuel cards, which offer industry-leading controls, fraud reduction and fuel savings. The partnership also brings access to the Bridgestone National Preferred program, offering PrePass members discounts on emergency and routine tire replacement.

“We are very excited about the opportunity this relationship will provide fleets nationwide. By utilizing the PrePass weigh station, tolling bypass system and the PrePass-branded fuel card products, a fleet can enjoy additional security, control and cost containment measures,” stated George Hogan, general manager, WEX Fleet One. “By enhancing their offerings with a fuel card product, PrePass has only increased their value to fleets as they continue to help them minimize cost.”

PrePass is an electronic pre-clearance system that enables participating transponder equipped commercial vehicles to bypass designated weigh stations, Port-of-Entry Facilities and Agricultural Interdiction Facilities, throughout the nation while traveling at highway speeds. Additionally, PrePass enables carriers on the PrePass system to access electronic toll collection at EZ-Pass facilities using one transponder. PrePass is a non-profit organization operated by Xerox Corporation.

About Fleet One

Fleet One LLC provides fuel cards and fleet management solutions to businesses and government agencies, as well as the merchants that serve them. Our customers use Fleet One fuel cards at convenience stores, truck stops and maintenance merchants across the country to capture purchasing data and pay for fuel and fleet maintenance on cars, vans and trucks of all classes and sizes. Fleet One solutions offer these additional services: private label fuel card programs, real-time reporting, tax-exempt billing, vehicle tracking tools, electronic payment authorizations, billing and financial settlement. Fleet One is a division of WEX. (NYSE: WEX)

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