FleetCor Technologies, Inc. (FLT), a leading global provider of fuel cards and workforce payment products to businesses, confirmed that it has signed a long term fuel card system processing contract with Chevron covering Asia-Pac and South Africa.
Using its Global FleetNet (GFN) fuel card processing platform, FleetCor will process transactions for Chevron’s private label commercial card program fuel card in six Asia-Pac markets plus South Africa. The in-scope geographies are Hong Kong, Philippines, Singapore, Malaysia, Thailand and New Zealand. The hosted GFN solution will replace Chevron’s existing vendor’s legacy systems.
Chevron has a significant position across Asia-Pac and South Africa and private label commercial fuel cards are a major part of its ongoing development in these markets.
“We are committed to ensuring that we have a strong technology solution to underpin the strong value proposition of our range of fuel cards,” said Shahid Ahmed, Chevron’s GM Sales & Marketing Support – Asia Pacific. “FleetCor provides the optimum fuel card platform to support our business.”
Ron Clarke, FleetCor’s chairman and CEO said, “We are delighted to be further broadening our global relationship with Chevron. With Chevron Asia-Pac and South Africa, we are expanding the geographic footprint of GFN, which is cementing its position as the platform of choice for large-scale global and regional fuel card operators.”
Chevron plan to go live with the first markets on GFN in Q2 2015.
FleetCor is a leading global provider of fuel cards and workforce payment products to businesses. FleetCor’s payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. FleetCor serves commercial accounts in North America, Latin America, Europe, and Australia/New Zealand. For more information, please visit http://www.fleetcor.com.
Chevron is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide. The company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.