WEX
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WEX, Mastercard form Asia-Pacific fleet payments partnership
TechNode·- WEX Inc. and Mastercard partnered to launch a unified fleet payments network across Asia-Pacific, combining fuel, maintenance, tolling, and parking into a single system. - The collaboration addresses inefficiencies from separate payment systems as the region emerges as the fastest-growing market for fleet management, with transaction volumes reaching $310 billion in 2025. - This partnership aims to provide operators with a consolidated view of spending and improve operational efficiency as businesses transition toward mixed fuel-and-electric fleets.