With a female CEO, an executive team with 30% female leadership, and global workforce that is nearly half female, women are a key part of WEXs business at all levels. Statement fee:$3.95 for paper statements Late payment:Admin fee plus 3% per month for the overdue amount. Visas interchange table has a footnote in the commercial cards section stating that purchasing cards include fleet cards. Differences Between Fleet Cards and Commercial Credit Cards, Costs to Accept Visa or Mastercard Fleet Cards, Providing Level 3 Data: Equipment for Fleet Cards. Fleet cards differ from commercial credit cards in a few ways. reply and I will get the message. Worst company in my 50 years of being in business ! They claim they need a receipt. To manage policies, follow these steps: Prompts are the questions that the cardholder is asked at the point of sale. RIDICULOUS!! It helps to understand some of the nuances of the different cards available in the market. Its been months and we still do not have $$$. For example, BP may offer rewards on its Business Solutions Fuel Mastercard if the card is used at a BP station, but not offer the rewards if its used at a non-BP location. Where does it work? This company is either competent or fraudulent. As a company that prides itself on helping its clients operate better and more efficiently, we take these complaints seriously and do our. Before You Switch Processors, Find Out How Other Businesses Got Fee Refunds From Their Current Processor. Fleet cards are an excellent payment method to help businesses reduce fuel expenditure. I still cant get Wex to just distribute my HSA to my new employer. Wex and Voyager cards can be used at any participating gas station. For accepting Wex and Voyager, your payment processor will need to install a specific application on your terminal. show more WEX Reviews Click Save, then confirm the information. I have dealt with many companies in my 20+ years with this multi national, and I have NEVER EVER dealt with a dreadful company like WEX, and hope I never do again!! In the Issue To field, enter the payeefor example, the driver or merchant. Check the statement(s) you want to make payments for. Big business pay attention and give your money to a better company. AVOID THIS COMPANY AT ALL COSTS. It was my banker that advised me to contact them first. There is no detail on the bills whatsoever to identify annual fee, versus card fee versus late fee. Hi Ana, Sometimes the card can also be used to purchase other items at the gas station, such as snacks and drinks. Required fields are marked *. Ask us your questions here. Using a credit or debit card allows us to make sure the person who claimed the offer is the one making the purchase. Check out the links below to access frequently asked questions and video tutorials to make your job easier! Portland, ME USA 04101. I mean what do they think we are frauding by going to the dr or getting medication? In the Funded Amount field, enter the amount of the money code. It's easy to find a station that accepts the card Major oil merchants accepting the card appear inside the Driver Guide. I notified WEX that this was fraudulent and was told the account wasTerminated assured me closed many times I continue to see statements each month with new charges The phone number for WEX is 866-544-5796 The address is WEX BANK PO Box 4337 They are doing this to many other businesses I found out. If it is not, click the Create a new QuickBooks account radio and enter the bank account name. Most horrible experience with fuel cards. They state that the co-payments to my oncologist, uroloigst and optometirst appear to be fraudulent. It gets billed to the card. Some fleet cards offer benefits other than lower prices, such as loyalty bonuses or discounts on tertiary services. Hard to get a hold of. WEX, Inc. Look up and select the card you want to change. Specifically, you can use it anywhere with an Inventory Information Approval System (IIAS) or at merchants that meet the IRS' 90 percent rule (where 90% of gross sales meet eligibility requirements). Choose Prompts in the top menu, then Update Prompts. Processing statements are intentionally complicated so that they can overcharge you. Search for a specific card by entering the Card #, Unit #, Driver ID, Driver Name, X-Ref value, or Policy Number. We have never had any association, account, conversation or any dealings with this company or their client Intrepid Potash until the money was taken via 2 ACH debits to my account. I had this card for 30 years, had to cancel it out, was the worst thing exxon could have done selling out to a company like this. Your WEX benefits debit card makes it easy to spend your funds on eligible expenses. Is the Voyager card capable of restricting non-fuel purchases made by a driver if drivers pay inside the store? Apply Now! Dont use them, spread the word not to use them, I will be posting on every review site. To avoid this issue, we recommend asking for promotional information but not providing any information about your business name or location that could be used to bill you. Ways to Save. Ive closed my account with this company due to these exorbitant, hidden charges to my gas purchases, but I need the issue corrected to bring my credit rating back to its previously good standing! I have no issues getting prescriptions. They know they are scammers and said that they have heard this all before and it is not loan sharking if agreed upon. This way we can show businesses working with Upside that their offers for you are driving more business for them. Choose Cash Advance from the drop-down menu. I got a $40.00 account setup fee, $8.00 fee for 3 cards, $10.00 paper delivery fee, $11.17 program fee, and $110.95 finance charge. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Keep more of your money in your business, where it belongs.Apply for a fleet card today! We see from Visas table that if you take a fleet card, it will be charged according to purchasing card rates. Even after we paid their extortion money, WEX kept our account locked. In the third quarter, credit losses hit $19.6 million, as the company implemented a new algorithm to help stave off fraud increases. Then Class action suit! The card can be used to purchase any type of fuel, including gasoline and diesel. Also, cant use funds from previous year for 3 months after the new year. crazy third time its going on. There are a few Wex Inc. complaints about its contract terms. In addition, your drivers will enjoy pay-at-the-pump convenience and 24/7 support for fueling and PIN assistance. Additionally, finance charges in the amount of $75 started to be charged to my account in January 2022 and every other month thereafter. Customer service is miserable. This is why their CEO gets 9 million per year ! With a female CEO, an executive team with 30% female leadership, and global workforce that is nearly half female, women are a key part of WEXs business at all levels. and wont correct it. I want to make a difference and make people feel like they belong here and WEXPats empowers me to do that by giving me a community of people who have the shared experience of immigrating to a new country for work and the passion to make the transition easier for others. The company doesnt care and their customer service sucks as they treat you like you are trying to dodge a payment when in fact you are trying to make one my small business will find another fuel card and cancel wex never to return. Fleet Cards What is a fleet card? Our benefits administration solutions solve employers end-to-end benefits needs including HSA, FSA, and COBRA, help employees get the most value from their benefits, and power partners business growth. MORE THAN A SECURE WAY TO PAY, WEX FUEL CARDS HELP KEEP EXPENSES UNDER CONTROL. I know its confusing .. eye roll .. WEX has frozen my account. The State Fleet Card (WEX) is presently administered by WEX and is accepted at over 10,500 retail locations throughout California. ACTIVE makes the card available to use. Get started. Hey y'all!!! Choose the new status. Focusing on diversity also means focusing on inclusion. In the beginning, the gas card seemed to be beneficial for my business. Get the latest Health Trends & Insights news in your inbox. The people behind the payments. An f2.8 aperture paired with a 20cm minimum focusing distance produces creative shots with smooth bokeh and gorgeous background blur. Specifically, you can use it anywhere with an Inventory Information Approval System (IIAS) or at merchants that meet the IRS 90 percent rule (where 90% of gross sales meet eligibility requirements). Click Issue Money Code. We're happy to help. Choose Money Codes from the drop-down menu, then Issue Money Code from the fly-out menu. Taking fleet cards can open up your business to a huge number of potential customers, ranging from local taxi drivers to long-haul truckers. More information on those can be found here. INACTIVE makes the card unavailable to use. Ready to see pricing for your specific business? Military veterans possess invaluable leadership skills and business acumen. There is no consistent theme to the complaints, which suggests that there is not a systemic issue with the companys product or service. Youll want to find a company that will charge you as close to cost as possible. The current policy limits are displayed. For maintenance under $100 - merchants can either electronically accept the WEX Fleet card or call in the transactions to 1 (866) WEX-4GSA (939-4472) to receive a MasterCard number. WEX began in 1983 with a mission to simplify fuel payments and accounting for busy professionals like you. But shortly after my first few payments, I noticed an increase in fees and charges unrelated to my actual gas purchases. These processors offer Quickbooks integration and have low rates. Store branded fleet cards are usually associated with large chains, such as Chevron and BP. The delay has caused an increase in magnetic stripe skimmers at these unmanned payment terminals. Why would you need to show a receipt from your dr that does not even make sense? Fraudulent? This also may need a specific point of sale terminal to collect the pertinent data and process fleet card payments. Theyre all the same thing a card used to purchase gasoline or diesel, as well as pay for tires, oil changes, car washes, or repairs on vehicles in a fleet. All Rights Reserved. (See Look up card.). EMV Credit Card Machines Never received a reply for my numerous e-mails with receipts for reimbursement out of my own account. Ridiculous I would like them to unfreeze my card till the end of the month when my insurance expires with the company and be able to use the benefits they are taking from my paycheck every week. ERGs drive diversity by fostering new bonds and communities across the company. I will be closing this account as soon as I get my funds. I had the misfortune to come up against WEX for a collection of, wait for it,, $1,300 yes thirteen hundred dollars!! A new account was opened for our company that we were unaware of because WEX changed their system. Below we will discuss what is a fleet card, the benefits and drawbacks of accepting them, and what is involved in accepting fleet cards. Fleet cards are a common business-to-business (B2B) transaction, and youve probably been told that theyre expensive to process. In today's video, I am talking about the Wex Fleet card. Some cards can be set to require the employee to enter mileage at the time of purchase. How does it work? One transaction for $164 at Sheetz fuel, made payment, said they didnt receive it. At the end of the day 3 months later WEX has not terminated the account and continue to pile on charges and send me statements.. Wex also provides point-of-sale payment acceptance options for gas stations and trucking companies to enable both in-person fleet card acceptance and virtual, B2B, Level III e-commerce. EFS/WEx decided to debit our account and send us a check. Where does it work? Phillip Parker is an independent digital payment consultant specializing U.S. and Canadian point-of-sale, ecommerce, and mobile payment acceptance. What youll need to do is work with your processor to provide Level 3 enhanced data when you take a fleet card at your business. One of the drawbacks of accepting fleet cards is that they usually arent part of traditional card networks like Visa or Mastercard. Pumacard options Pumacard Any unauthorized copying and reproduction of the content of this page, including all meta data and computer code, is strictly prohibited. And how has this not already generated a class action lawsuit? I have submitted the same receipt from my eye doctor several times and Wex continues to deny my claim. To make things a little more confusing, there are multiple types of fleet cards: universal, store branded, and fleet branded. Talked to their rep. he would settle account for $100, which we paid Most pay-at-the-pump systems only work on whats called the BuyPass platform, in the First Data network. For example, a Texaco fleet card can be used at Texaco locations. Still, businesses must have specific equipment set up for companies to accept them. DREADFUL, I WONDER HOW THEY CONTINUE TO RUN! If you do not currently accept a particular form of payment, contact any financial institution to learn more about establishing a merchant account and maximizing your ability to capture government sales. Tried to use the cards they sent and they had a block on every 2nd purchase even though they lied and said there wasnt. The money code information displays at the top of the screen. We're WEX. The sole purpose of the material presented herein is to alert, educate, and inform readers. The Nikon Z 26mm f2.8 Lens is the slimmest, lightest Z series full-frame pancake lens ever. Wright Express (Wex) and Voyager are fleet-specific branded cards, meaning that they bear their own brand name. They are nightmare if there is a problem. Unfortunately, theres no single answer to that question, as the total costs will vary depending on a number of factors. The standard Wex, Inc. We called them about an invoice that looked wrong, because there was only one drivers purchases listed. This address will receive confirmation of payment. This information is captured at the time of the sale. There are per card, per month fees, as well a paper billing fees (applied as a default). I dont know how to make it any more clear .. do you need an invitation to my appointments so that you can see Im actually having dental work done? The company should have planned for this. Fleet cards can also limit the number of transactions or caps on each transaction. Choose User Administration from the drop-down menu, then Manage Users from the fly-out menu. Follow these instructions to purchase fuel: Turn off the vehicle and remove the keys; note the odometer reading. Exxon Mobil should be aware of this. The Problem is this Wex froze my credit card HSA account they want receipts. Wex successfully resolved 49 complaints, while the remaining 58 either were resolved to the dissatisfaction of the merchant or did not receive a final response from the merchant. Looking that way. Every vehicle you lease through GSA Fleet has a corresponding WEX card. The card may also be used on billing statements received from providers of the same types of service. You should expect higher fees to take the cards, since the base costs that your processor has to pay are higher than they are for Visa and Mastercard fleet cards. They now want a detailed receipt. Enter a note in the Comment field, if desired. WEX ClearView is a web-based data analytics platform that collects and organizes detailed data on fuel card spending. Our benefits administration solutions solve employers end-to-end benefits needs including HSA, FSA, and COBRA, help employees get the most value from their benefits, and power partners business growth. made a mistake ( or is it FRAUD?) Wont return as a customer. How does it work? Charged to my bank account, we do not own a card. I am highly dissatisfied with the hassle I am currently experiencing with closing the Wex Fleet account. A comprehensive visual dashboard lets you track, analyze, and forecast expenses by driver, KPIs, and more, making it easy to identify trends, habits, and purchase anomalies. Click Finish. Try PaymentCloud, We also encourage merchants to check out our list of the providers of the, This does not compare favorably to our list of, Send me an email notification when someone replies to my comment. There is an admin fee of 1.3% for all Visa and MasterCard, and 2.1% on AMEX transactions. In business, time is money. It is also a great way to encourage businesses to start spending again as many consider curtail spending. I am switching my health care plan just so I dont have to deal with a company that really doesnt put effort into letting you pay your bills with your money. An approved line of credit offered by Love's Travel Stops to approved customers. I am the bookkeeper for a company vexed be WEX. 1/6/23 got bill in mail due date of invoice is 1/6//23 ? Its not a perfect system for combatting fraud yet, but executives at the company are constantly refining it to ensure continuous improvement. Choose Credit Management from the drop-down menu, then Online Payments from the fly-out menu. Level 2 and Level 3 processing rely upon different interchange ratesthan traditional consumer credit transactions. The WEX FlexCard gives you spend controls, custom reports, and fuel rebates. Referral Partnership FAQ Insert the card into the pump or attendant swipes the card in the station. Enter and confirm an email address. However, if your customers seek out Wex or Voyager-accepting businesses, the higher costs could be well worth it to help you secure additional business. Enter the required info for a new user, including Company ID, User ID, First and Last Name, Email, and Group ID. Both private businesses and the government use fleet cards. Fill out this form! Women play an important role at WEX. I thought this would be beneficial. NEVER let this company get your bank info. We may earn revenue if you obtain services from a provider that we recommend. As fleet branded cards that are not associated with Visa or Mastercard, Wex and Voyager are not subject to the interchange tables used as the basis for Visa and Mastercard fees. Who do I contact? Wex has also received 205 informal reviews to its BBB profile, all but 2 of which are negative. Please cancel my account. apologized somehow back in system More promises will be corrected 7/7/2022 New balance 153.00 Referred for formal collection if payment not received immediately This is beyond Inventory Information Approval System (IIAS), We help 300,000 employers in the U.S to power the. As with most things in business, if you make it easier for customers, youll see more sales. Unethical? Fleet cards go by a few different names. Ive made several attempts to contact WEX to resolve these charges, but I was never able to reach a representative which is completely unacceptable. In addition his contributions here, Phillip has also been quoted in several major publications such as The Los Angeles Times, INC Magazine, Miami Herald, Computer World, and numerous others. The customer shouldnt have to suffer because of their inability to go onto a new system and still do their job. Specialized gas station systems are certified for use with BuyPass, including Verifones Ruby line and Gilbarco Passport. Getting paid to re-write this page? Since Voyager and Wex are not affiliated with the major credit card companies, youll need to set up special applications within compatible equipment. Wright Express, a leading provider of payment processing and information management services to the U.S. commercial and government vehicle fleet industry (NYSE: WXS), has expanded its accepting network to include The Pep Boys - Manny, Moe & Jack (NYSE: PBY), the nation's leading automotive aftermarket retail and service chain. Accepting locations Accepting locations WEX fleet cards are accepted at 95% of U.S. fuel stations and 45,000 service locations - anywhere you need to go! Copyright CardPaymentOptions.com, Inc. (Digital Fingerprint: 0d38c6720f0d78a701b74d58653af608). WEX is complete rip-off. To learn more about WEX Fleet cards visit: http://www.wexinc.com/fleet-operators-and-managers/fleet-cardsThe WEX Card Driver Video shows the WEX customers an. WEX will accept Visa's virtual credit cards for corporate payments, expanding the international digital payment options for WEX's B2B customers. We have no recourse. Merchant ServicesPayment ProcessingPoint Of Sale Systems, Payment Processing We never saw or signed a contract or any terms or conditions.We were told that by swiping the card we agreed to the 83% apr. That means that if you accept a fleet card that qualifies for Commercial Level III youll pay 1.85% + 10 cents at the wholesale level. A fleet fuel card is a card used to purchase fuel from a gas station. They lost a very long term customer over this. However, there are steps you can take to qualify for lower pricing, even on universal fleet cards. Merchant Cash Advance In 2020 Wex Inc. was the subject of a class-action lawsuit over the purchase of travel companies Optal and eNett International. Furthermore, drivers or customers of fleet cards must input odometer readings every time they use the card. Trouble Getting Approved? Locations accepting WEX fleet fuel cards Pay for fuel and vehicle maintenance purchases with your WEX fleet card. Im sharing this experience in an effort to resolve this issue and get this company to rectify its negligence in responsibilities to their customers. In addition to making it nearly impossible to avoid late fees if you pay by check, they switched website interfaces and created a new account for us and left a small amount on the old account. The card can be used at any gas station that accepts the card. WEX would not approve our medically related expenses and kept over 1500 dollars of our HSA account. WEX fleet cards are used by more than 11 million vehicles worldwide. Now they want to give us back $86. The company has received 107 complaints in the past three years. Wex wouldnt help at all, just lied and wasted our time. The Prompts Information section appears. Your WEX benefits debit card makes it easy to spend your funds on eligible expenses. Businesses still need to be conscientious of the different types of fleet cards offered by numerous vendors and their unique details in accepting fleet cards. Specifically, you can use it anywhere with an Inventory Information Approval System (IIAS) or at merchants that meet the IRS 90 percent rule (where 90% of gross sales meet eligibility requirements). However, you can get an idea of the costs, depending on which type of fleet card youre taking. Wex Inc. has also been fined over $35 million in the US for banking and investor protection violations. Related Article: Introduction to Credit Card Processing Rates and Fees. When entering a fleet card in your My Wallet, add the prefix number for the first 6 digits of the card, then add the last 4 digits of the account number. & would be canceled 6/1/2022 Notice Acct is severely delinquent call 8884376004 Collections! Or, click Auto Rollover, and choose the days of the week that you want the limit to refresh. Look for the QBO file you saved in Step 1 and then select Open. We are FSA account holders that are managed through WEX health. My monthly statements went from $155 to $914! They didnt send or email a notice that amounts were due. Very incompetent company. WEXVets provides mentorship, development, and camaraderie for veteran employees, empowering them to capitalize on their unique experiences. Look up and select the card you want to assign. You can do it yourself by researching processors, calling for quotes, and constantly monitoring your monthly statements, or you can use a credit card processor comparison service like CardFellow to get instant quotes and free statement monitoring. They are trying to cover up their lies by sending some spam emails as well. Thats not good enough and want explanation of benefits. That means finding a processor who is familiar with B2B transactions. WEX Fleet Universal has opened See Who The Worst Processors Are. It is accepted at ExxonMobil gas stations or anywhere that Mastercard is accepted. We also used WEX fuel card for our small business fleet and we asked them to send the notifications to my email but this was not changed in their system by the customer service representative. The ExxonMobil FleetPro Mastercard is a universal fleet card provided in collaboration with a traditional card network, Mastercard. However, Visa and Mastercard offer their own fleet. Browse our accepting locations directory below, or use our online tool by clicking the "search accepting locations" button directly below. If you have your own Wex Inc. complaint to make, please do so in the comments below. We were then told that the 6.99% was the periodic rate rather than the APR. For Mastercard and Visa, work with a processor who can help you qualify for Level 3 enhanced data rates so that you can actually lower the cost at the wholesale level. They arent as limited as store-branded cards, but arent as universal as fleet cards that are associated with Visa or Mastercard. Wex and Voyager rates and fees start at around 3.25%, so they arent cheap to process. The credit info for the selected contract appears below. As of December 2016, the primary terminals that support Wex and Voyager are: The two FD machines will only work on First Data platforms, meaning youll need a merchant account with either First Data or one of its resellers. 95% of U.S. fuel stations accept WEX cards at the pump or inside the station. Please please please read reviews and stay away of this company. Audit Your Current Statement To Find Its Hidden Fees. UPDATE: Not menti. This is our complaint on WEX, Inc. Terms of Service. In the Policy Number menu, choose the policy that will receive the prompts. To add a new user to your account, follow these steps: NOTE: To make any changes to your bank account numbers, please call customer assistance. This can include taxi, Uber and Lyft drivers, truckers, and other customers who use corporate or government fleet cards. Store Branded Cards Fleet card offering without a traditional card network. Our convenient service card is accepted at over 95% of fuel stations in the U.S. Level 3 data may include odometer readings, vehicle or driver ID numbers, and more. Employee Resource Groups are great because it gives everyone a voice regardless of origin and background. None of which have been successful. Well help you adapt quickly to changing market demands, increase revenue, and improve profitability. In addition to its traditional merchant services, Wex Inc. also advertises that it provides Level 2 and Level 3 processing for B2B and B2G transactions. Merchants can typically expect huge companies like Wex to have longer customer service wait times than smaller, top-rated merchant account providers. For the tightest security, use Exact Match. I called to have the charge removed, they said I had to have the account number to do that. The interchange rates range from 1.85% + 10 cents per transaction to 2.95% + 10 cents per transaction, as seen in the screenshot below. To find locations that accept the WEX Card, you can now download the WEX Mobile App, available from the Apple and Google Play stores. If used at an IIAS merchant, simply swipe your card and it will automatically approve anything thats an eligible expense. From simplifying receivables with our corporate payment solutions to outsourcing the entire WEX AP platform and integrating your own technology, we want to partner with you to help grow your business. NO. Rising fuel costs may cross a threshold that may lead to destruction in demand for fuel. There are two options when it comes to taking fleet cards - you could choose to only accept Mastercard and Visa fleet cards and work with your processor to secure lower costs by providing all the required Level 3 enhanced data, or you can expand payment options to include Voyager and Wex acceptance. How to Assign a Driver's Name to an EFS Fuel Card, EFS Fuel Card: How to View a Credit Balance, How to Make Online Payments for Your EFS Fuel Card, EFS Fuel Card: How to Create a One-time Cash Advance or Remove Cash, How to Set Product Policy Limits on Your EFS Fuel Card, Inventory Information Approval System (IIAS). Reporting often shows purchases by driver or by vehicle in addition to showing the basics like total transactions, amounts, and more. Description of Complaint: