ExxonMobil & WEX Extend Fleet Card Contract for 10 Years

IRVING, Texas — Exxon Mobile Corp., WEX Inc. and Imperial Oil have extended their fleet card contract for another 10 years.

Under the agreement, WEX will continue to provide ExxonMobil and Imperial with a full-service solution and oversee all aspects of the commercial card program for the companies, including outsourced proprietary fleet card transaction processing and supplementary support services.

South Portland, Maine-based WEX, a provider of corporate payment solutions, will also continue to manage sales and marketing activities, as well as portfolio funding services.

"WEX is excited to continue its 17-year relationship with ExxonMobil and Imperial, supporting the growth of ExxonMobil's and Imperial's commercial portfolio in the coming years," said Melissa Smith, WEX's president and CEO. "The contract extensions will also benefit ExxonMobil and Imperial customers, who can take advantage of WEX's world-class products and services."

Aside from the U.S. and Canadian relationship, WEX acquired ExxonMobil's European commercial fuel card portfolio, Esso Card, and processing services for the Asia Pacific commercial card portfolio in 2014.

Irving-based Exxon Mobil Corp. is the largest publicly traded international oil and gas company.

Imperial Oil is Canada's largest petroleum refiner, producer of crude oil and natural gas, and fuels marketer.