A NEW PROGRAM FOR SMALL FLEETS: WEX EDGE BUSINESS SAVINGS NETWORK

Posted: May 22, 2020 | Updated: June 25, 2020

What is WEX?  WEX is a global financial technology solutions company. They streamline payment systems across the world and industries—including FleetCorporate Payments, and Health.

The WEX EDGE savings network offers exclusive discounts on things that keep small business moving—like fuel, tires, wireless, and more. However, there is more to EDGE than great discounts. WEX, which provides financial services for companies in industries like fleet, travel, and healthcare, has a new business savings network called WEX EDGE to help smaller companies get a leg up in doing business, according to a press release. The program will use pre-negotiated savings and an eCommerce interface to allow smaller fleets and businesses to purchase products and services they need to run their businesses. The release states that users will be able to access “discounted prices” with WEX EDGE and use their WEX fuel account to make payments.

Auto Mechanic Fixing Engine
WEX EDGE offers savings on repairs and maintenance.

“We’re excited about the opportunity this platform brings to expand our merchant community and deliver a win-win for both our merchants and customers with access to highly curated offers and the expanded payment functionality for non-fuel purchases,” she said, according to the release.

Due to the pandemic, WEX has modified its financial forecast for this year, saying the impact on travel and related industries will likely result in a 2 percent to 3 percent drop from its February forecast. WEX has also recently restructured its corporate payment solutions team, with Mark Aquilina taking the helm as senior vice president of product and strategy of corporate payment solutions. The WEX EDGE service is designed to aid those looking to purchase tires and book installation appointments on vehicles. The press release states that EDGE will allow clients to buy tires online, using a partnership with thousands of Bridgestone Retail Operations locations, including Firestone Complete Auto Care and Tires Plus. What’s more, users will be able to make the purchases, book appointments, and pay all with the EDGE application.

The program also gives access to savings on wireless solutions and other services like Electronic Logging Devices (ELDs) and analytics tools. Erin Knight, vice president of fleet product and innovation at WEX, said in the release that the current pandemic and global situation has seen customers looking for ways to cut costs and save, which WEX EDGE could help with.

WEX EDGE Savings on fuel

Fuel Rebates

Users can earn valuable rebates in the growing EDGE network, with participating locations at TA/Petro, Casey’s, Yesway, GetGo, Kum & Go, QuikTrip, and more.

WEX EDGE Savings on tires

Tire Discounts

Businesses can enjoy competitive tire pricing at over 2,200 Bridgestone Retail Operations locations in the U.S. — plus, WEX customers save 6% off retail for additional parts and service.

WEX EDGE Savings on wireless

Wireless Discounts

Businesses can save on Sprint Business wireless solutions and accessories, including top-tier plans, additional lines, and more.

WEX EDGE Savings on fleet expenses

Fleet Management Discounts

Explore deals on data analytics and reporting, GPS tracking, and other tools to help you get more from your vehicles.

Business owners can access the WEX EDGE dashboard to see how much they’re saving on fuel and how they can save even more. Entrepreneurs can use their WEX account to pay for goods and services beyond fuel. Users can consolidate and control their business spending in a single, seamless application. EDGE can help any business get more for every dollar, and more for every mile. It is that powerful!

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Categories: Fleet Service Providers, Fuel / Petro Merchants, WEX

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