Global commerce platform WEX has introduced the WEX Fleet card with EV payment capabilities, giving fleet customers a single way to pay for both traditional fuel and public electric vehicle (EV) charging.
WEX reports that it is the first fuel card provider to offer fueling and EV charging on a single card, under a single account, and on a single invoice across its proprietary closed-loop fuel network.
The new offering allows all data and payments to flow to one secure system, which includes over 175,000 WEX-accepting public charging ports and over 90% of U.S. gas stations that accept WEX cards.
The WEX Fleet card now with EV payment capabilities is available today for eligible fleet customers.
Addressing Fragmented Payment Systems
As fleets integrate a mix of electric or fuel-powered vehicles, many face fragmented payment systems, multiple cards or apps, and complex reconciliation. According to WEX, the WEX Fleet card with EV payment capabilities helps reduce administrative burden while delivering a more seamless and unified experience for both drivers and operators.
In addition, fleet managers retain unified reporting, purchase controls through the app, and one credit line for all transaction data for fueling and charging.
“Fleets don’t want more cards, more systems, or more reconciliation,” said Carlos Carriedo, chief operating officer, Americas Payments & Mobility. “Our customers want one solution that works everywhere, and that’s exactly what we’re delivering with EV payments built directly into this new WEX Fleet card. It’s simplicity at scale for mixed-energy operations.”
The upgraded card embeds RFID technology directly into the standard WEX Fleet card, eliminating the need for a separate EV charging card or mobile app to activate and pay for a charging session. This allows for a single card and account structure to support internal combustion engine (ICE) vehicles, hybrids, and EVs.
Powered by WEX’s proprietary closed-loop fleet network, rather than open-loop, general-purpose card networks, this approach gives customers end-to-end control of transactions, enabling richer data, stronger security, and fleet-specific purchase controls that support electrification without disrupting existing fueling workflows.
WEX’s Jay Collins on What the EV-Enabled Fuel Card Means for Fleets
For WEX, the addition of EV payment capabilities to its fleet fuel card is less about adding another tool and more about removing friction for fleet managers navigating mixed-energy operations, Jay Collins, vice president of product strategy at WEX, told Automotive Fleet.
What WEX heard from our customers was, “Please don’t make my drivers carry 15 different apps and cards,’” Collins said. “For fleet managers, that turns into 15 different credit lines, invoices, and data sets. That kind of complexity makes them less interested in electrification.”
Collins said WEX’s approach is designed to give fleets a single, commercial-grade experience for both fueling and public EV charging, with charging data presented alongside traditional fuel transactions. Unlike open-loop or consumer-focused payment tools, WEX’s closed-loop card structure allows fleets to retain the same level of visibility, security, and control they expect in the fuel space.
The experience fleets have with charging should be equal to the experience they have with fueling, Collins said. It may be the use case or the vehicle that isn’t right, but “It shouldn’t be that complexity [is holding you back],” he said.
While early EV payment solutions can work for small pilot programs, Collins said they often fall short as fleets scale. As fleet size and energy mix grow, so does the administrative burden, something WEX aims to address by consolidating fueling and charging into one system, one account, and one invoice.
“A lot of first-generation solutions work when you have two or three EVs, but they don’t scale,” Collins said. “Our objective is to remove that complexity at commercial scale.”