GPS Insight Announces Co-Branded Fleet Fueling Card with WEX Inc.

GPS Insight Announces Co-Branded Fleet Fueling Card with WEX Inc.

August 1, 2015

Scottsdale, AZ—GPS Insight, a top technology provider of GPS vehicle and asset tracking software for commercial and government fleets, today announced the release of the GPS Insight Fleet Card.

Powered by WEX, a leading provider of corporate payment solutions, the GPS Insight Fleet Card will provide customers with numerous benefits including simplified management of fuel purchases and reduced fuel fraud. The GPS Insight Fleet Card will also make industry leading fueling controls and reports available to any size fleet, historically only available to large fleets.

“Fuel card transaction data when combined with GPS-based location data and vehicle ECU data enables highly sophisticated reporting that will identify suspicious fill-ups, unauthorized card usage, and vehicles with mechanical problems,” said Harold Leitner, Vice President of Business Development GPS Insight. The GPS Insight Vehicle Tracking Solution includes multiple fueling reports that validate authorized fill-ups and monitors vehicle fuel consumption. These reports leverage the data from the GPS Insight Fleet Card to bring transparency and actionable fueling information to fleets of all sizes.

“We are excited to work with GPS Insight to offer a universal card program to their customers,” said Brian Fournier, Vice President of Merchant and Channel Partners at WEX. “Through this expanded relationship, we will grant GPS Insight business customers access to the broader WEX acceptance network. The card-based solution is easy-to-use and we are confident it will help deliver cost savings and efficiencies to business customers by speeding service times and reducing unauthorized purchases.”

The GPS Insight Fuel Transaction Report offers several data points to identify suspicious fueling activity. This report confirms whether the vehicle associated with a given fuel card was at the fueling location at the time of the fueling transaction. It also identifies scenarios where the amount of fuel purchased exceeds the tank capacity. In situations where vehicle ECU data is available, the report will also reflect the vehicle’s tank level before and after the fueling transaction.

The GPS Insight Fuel Usage Report combines fuel transaction data from the GPS Insight Fleet Card with miles driven and engine odometer from the GPS Insight fleet tracking application to calculate highly accurate miles-per-gallon. As MPG is a good indicator of vehicle health and has significant fleet management cost implications, the ability to quickly identify poor MPG is an important benefit to fleet managers. To learn more about the GPS Insight Fleet Card, please call 480-663-9454.

About WEX Inc. WEX Inc. is a leading provider of corporate payment solutions. From its roots in fleet card payments beginning in 1983, WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing 9 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors. WEX serves a global set of customers and partners through its operations around the world, 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 2,000 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.