FleetCor Technologies, a provider of fuel cards and workforce payment products to businesses, announced that it has signed a long term fuel card system processing contract with Chevron International, covering the Philippines.
Utilizing its Global FleetNet (GFN) fuel card processing platform, FleetCor will also process transactions for Chevron?s private label commercial fuel card program in Hong Kong, Singapore, Malaysia, Thailand, and New Zealand in addition to the Philippines.
Chevron has a significant presence in the Philippines dating back to 1917, and now has over 800 Caltex service stations nation-wide.
?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 general manager for sales and marketing support in Asia Pacific.
Ron Clarke, FleetCor?s chairman and CEO said, ?We are delighted to be further broadening our global relationship with Chevron in an emergent Philippine market. This deal marks our fifth new oil partnership this year, building momentum for our continued expansion in the Asia Pacific region and beyond?.
The GFN platform is expected to go live in 2015.