Now since they took over there is not only a sudden $39.00 late fee every month but they had the audacity to charge me a late fee on a cancelled account that had no charges since I cut the cards months ago! 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. The statement was dated 1/6/23 and I received it on 1/17/23 with a $10 charge for mail (paper deliver). WexLocationCode.setTransientValue("wex02"); Then i get charged fees I got a private lawyer & CFPB is on notice and if your bills cannot be sent on time to be paid and you stop reimbursements to me for refunds, I will file suit contact Exxon mobile tell all my clients to stop using Exxon mobile due to fraud. Hard to get a hold of. Spoke w Missy Fleet Manager assured me this would not affectour credit etc. The due date was 1/20/2023. The most common fleet cards are by Wright Express (Wex) and Voyager. I still cant get Wex to just distribute my HSA to my new employer. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Opened new account The author and publisher shall in no event be held liable to any party for any direct, indirect, punitive, special, incidental or other consequential damages arising directly or indirectly from any use of this material, which is provided as is, and without warranties. Browse our accepting locations directory below, or use our online tool by clicking the "search accepting locations" button directly below. RIDICULOUS!! Charged to my bank account, we do not own a card. Step 2: Swipe Card Insert your card, and then quickly retract it out of the card reader to begin the fuel purchasing process. WEX appreciates the BBB bringing this to our attention. I enrolled in 2019/2020 and they enrolled me in 2018/2019 and the garnished my wages after the plan expired and refused to allow me to make a claim or pay me back. Visa and Mastercard fleet payments will follow the same funding schedule as other payments, but Wex and Voyager may or may not be included with your credit card branded deposits. Fleet cards differ from commercial credit cards in a few ways. We work together with our partners to deliver innovative solutions that help simplify the financial side of healthcare for millions of employers and consumers. Differences Between Fleet Cards and Commercial Credit Cards, Costs to Accept Visa or Mastercard Fleet Cards, Providing Level 3 Data: Equipment for Fleet Cards. As more data is collected and trends identified, he expects losses to decrease even further. Look up and select the card you want to assign. Where does it work? Hi Ana, Military veterans possess invaluable leadership skills and business acumen. No cares when I called to tell them a $75 late fee on a $card fee was atrocious. Founded in 1983 as Wright Express Corporation, Wex Inc. is a merchant account provider that primarily offers fleet card and business management services for the transportation and logistics industries. According to all available information, Wex Inc. is the dominant payment processing option for fleet card acceptance. Fleet gas cards are a better way to manage fuel expenses for business vehicles. Sometimes the card can also be used to purchase other items at the gas station, such as snacks and drinks. In the Issue To field, enter the payeefor example, the driver or merchant. Using a credit or debit card allows us to make sure the person who claimed the offer is the one making the purchase. This is why their CEO gets 9 million per year ! This information is captured at the time of the sale. None of which have been successful. Some fleet cards offer benefits other than lower prices, such as loyalty bonuses or discounts on tertiary services. The ExxonMobil FleetPro Mastercard is a universal fleet card provided in collaboration with a traditional card network, Mastercard. These processors offer Quickbooks integration and have low rates. They left a message one time, we called to enquire and they said that we didnt owe anything (becuase their rep was apparently only aware of the new account!). I thought this would be beneficial. MORE THAN A SECURE WAY TO PAY, WEX FUEL CARDS HELP KEEP EXPENSES UNDER CONTROL. Do I need to contact my bank? Reporting often shows purchases by driver or by vehicle in addition to showing the basics like total transactions, amounts, and more. 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. Host Merchant Servicesis a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA. The purpose of the card is to be able to pay for medicines and Drs office visits. ERGs drive diversity by fostering new bonds and communities across the company. Agencies can call 1-800-438-9140 to speak with a WEX representative concerning a WEXPay transaction. I purchased $1300 in gas and pad WEX $2280 in total over the course of 8 months. Very incompetent company. Thats the receipt this is ridiculous then they freeze your card what kind of HSA does that? The card can be used at any gas station that accepts the card. At least thank me for giving you $1,000 that was meant for my 5 year olds education. However, there are steps you can take to qualify for lower pricing, even on universal fleet cards. Level 3 data may include odometer readings, vehicle or driver ID numbers, and more. 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. I became a Wex customer in November 2021. As part of a very successful multinational company with annual profit in the extremes of 88+M, Click Issue Money Code. Supported Payment Gateways And Point Of Sale, Accepting Fleet Cards How to Accept Wex, Voyager, and More. Your WEX benefits debit card makes it easy to spend your funds on eligible expenses. Called them about it, was put on hold for exactly 38 minutes, then they hung up ! Wex Inc initially withdrew from the deal over concerns related to the COVID-19 pandemic, which sparked the class-action lawsuit. In today's video, I am talking about the Wex Fleet card. Hopefully they get banned from my state at least. On the Credit screen, select the contract for which youd like to view the credit balance. Additionally, finance charges in the amount of $75 started to be charged to my account in January 2022 and every other month thereafter. I made a payment on my due date of June 28, then paid off my full statement balance on July 6. Been paying late fees for 8 months and just noticed. Store branded fleet cards are usually associated with large chains, such as Chevron and BP. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); As a small business, Im trying to figure out how can I accept WEX cards on the merchant machine. As you can see in the Visa screenshot above, the category Commercial Level III lists a rate of 1.85% + 10 cents per transaction. Required fields are marked *. A couple of weeks later we were placed on credit hold for an account we hadnt been made aware of! The company charges merchants 3.5% per swiped transaction, 3.5% plus $0.20 per keyed-in transaction, 3.5% plus $0.30 per phone transaction, and a variable early termination fee that appears to depend on the overall length of the contract at the time of early cancellation. Cards - We accept all major debit and credit cards, along with SNAP, WEX, Fuelman and other fleet cards. 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. 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! We paid a bill of 234.00 5 days late and were charged a 75.00 minimum late fee. Id rather just use my Spark card and get the cash back. They were completely unreasonable to deal with. There are per card, per month fees, as well a paper billing fees (applied as a default). Accepting locations can be found here or by downloading the free WEX app on your smartphone To use the WEX card, the user should follow these steps: Swipe the card at the pump or inside the station Enter your driver ID/PIN # (assigned by Fleet Services) Enter the current odometer reading of the vehicle (excluding tenths) Visas interchange table has a footnote in the commercial cards section stating that purchasing cards include fleet cards. AVOID THIS COMPANY AT ALL COSTS. Our payments platform technologies give you everything you need to run an advanced payments program in one place, including the expertise to make payments smarter, faster, and more profitable. Find out more about WEX WEX FUEL CARDS Frequently Asked Questions If you have questions about our fleet fuel cards that are not answered below, call us at 1-800-395-0812 or send us a note. An approved line of credit offered by Love's Travel Stops to approved customers. Set the Validation type, which determines how the prompt must be entered by the card user. Youll need to contact your credit card processing company. Now the meat of the matter what its going to cost? Gift & Loyalty Cards, ISO/Agent Program Drivers can easily locate accepting stations using our Fuel Locator, accessible on desktop and mobile. It helps to understand some of the nuances of the different cards available in the market. WEX is complete rip-off. How do I qualify for Love's Express Credit? Fleet cards also allow businesses to control how drivers spend on fuel. Wright Express (Wex) and Voyager are fleet-specific branded cards, meaning that they bear their own brand name. Click here to earn a reward. Ive made several attempts to contact WEX to resolve these charges, but I was never able to reach a representative which is completely unacceptable. They know they are scammers and said that they have heard this all before and it is not loan sharking if agreed upon. Get the truth here. A benefit offered by universal fleet cards is discounts on purchasing fuel or services at its own branded gas stations to encourage consumers to use that specific brand. Get the latest Health Trends & Insights news in your inbox. WEX partners with big and small companies across a spectrum of industries, including fleet, corporate payments, and benefits, providing payment processing and business solutions that grow businesses. These revenues in no way influence our ratings or reviews. What if additional documentation is required? Wex Fleet has left a very bad impression. Start by leaving a comment at the end of this review, Compare Top Rated Processors: Compare Rates, Reveal your hidden fees: Audit Your Statement, Working in merchant services: Our Free Guide. Our card works at a variety of merchants. They have a long history of giving back, engaging with local. I think this would be great for our business! To manage policies, follow these steps: Prompts are the questions that the cardholder is asked at the point of sale. 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). To remove cash from the card, enter a value in the Amount field, then click Remove Cash. The credit info for the selected contract appears below. As for card acceptance, the WEX FlexCard is accepted at 95% of fuel stations nationwide. How does it work? Is the Voyager card capable of restricting non-fuel purchases made by a driver if drivers pay inside the store? Simply fill in th e credit card area on the bill providing your WEX Health debit card number. Merchant rates agreement is a 60-month contract with automatic renewal for 24-month terms unless canceled six months before the initial termination date. In the podcast below, Phillip explains how credit card processing and credit card fraud affects business owners. You can view the status of your claims and upload documentation easily with our benefits mobile app or through your online account. Wex Inc also agreed to payout other various costs related to the delay. More information on those can be found here. This is a fraudulent account. Furthermore, there are specific store-branded card networks offered by particular brands. I called to have the charge removed, they said I had to have the account number to do that. This review will focus on Wex's payment acceptance products for merchants. His dedication to transparency and education has made CardFellow a staunch small business advocate in the credit card processing industry. Processing statements are intentionally complicated so that they can overcharge you. Your email address will not be published. There is an admin fee of 1.3% for all Visa and MasterCard, and 2.1% on AMEX transactions. If you need more information, you can input your business info here and contact us for assistance. Our convenient service card is accepted at over 95% of fuel stations in the U.S. Enter the required info for a new user, including Company ID, User ID, First and Last Name, Email, and Group ID. If you have a business that requires traveling, this card is for you. Fleet card transactions will also need to include the data from Level 2, such as fuel grade, cost per gallon, sales tax, and other details. 1/6/23 got bill in mail due date of invoice is 1/6//23 ? If you would like to interview Phillip for your story or podcast, please reach out here. Ive had a FSA for many years and never have I ever experienced being denied a payment until our company switched over to WEX. WEX, Inc. is ran by idiots. While the term fleet cards is often used to refer to Wex and Voyager, Visa and Mastercard also offer fleet cards, as do specific brands. Wex wouldnt help at all, just lied and wasted our time. 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. Choose Manage Cards from the drop-down menu, then View/Update Cards from the fly-out menu. Simply add a few details about yourself and the application will be submitted in minutes. Yup NO, because they want me to jump through another 50000 hoops!!! Store Branded Cards Fleet card offering without a traditional card network. been used fraudulently They should take responsibility & notify they made a mistake Ive spent hours trying to get this handled They seem unwilling to do much Please help make this all stop Thank you Update As of today 8/4/2022 on the phone with WEX Statements keep coming. There is no evidence at this time indicating that the company employs independent sales agents, but we have found some Wex Inc. complaints related to the companys telemarketing team. Fleet cards are a common business-to-business (B2B) transaction, and youve probably been told that theyre expensive to process. Of the complaints related to payment processing, the most commonly cited issues are poor customer service, unexpected fees, negative sales experiences, and delayed payouts. Most often, people choose Report Only, so the drivers name only appears on reports. Having issues making the most of your WEX experience? Inventory Information Approval System (IIAS), We help 300,000 employers in the U.S to power the. WEX is comprised of three primary businesses, serving the needs of Fleets, Corporate Payments, and Health. Any and all use of trade names and/or marks are for identification purposes only and shall not be construed as a claim of affiliation, or otherwise, with CardPaymentOptions.com, Inc. ("CPO") in any form. Choose Credit Management from the drop-down menu, then Online Payments from the fly-out menu. Both private businesses and the government use fleet cards. Which I give them, but now Im denied? Now they want to give us back $86. The standard Wex, Inc. NO. DREADFUL, I WONDER HOW THEY CONTINUE TO RUN! They state that the co-payments to my oncologist, uroloigst and optometirst appear to be fraudulent. Compare Cards Or call 1-800-395-0812 WEX fuel cards are smarter than credit cards and safer than cash To find out if you qualify for a Love's Express Credit card, please fill out the application online or print application and fax to 405-463-3954. On the card detail screen, click Add Prompt. But shortly after my first few payments, I noticed an increase in fees and charges unrelated to my actual gas purchases. I know its confusing .. eye roll .. WEX has frozen my account. INACTIVE makes the card unavailable to use. For the tightest security, use Exact Match. 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. Unethical? I use my premium refunds to pay for the next months premium. I have submitted the same receipt from my eye doctor several times and Wex continues to deny my claim. Ask us your questions here. Trouble Getting Approved? WEX adds Visa to virtual payments offering. My total purchases was $1364.84 for fuel and $18.43 for other stuff (drinks, oil, whatever). 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. 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). WEX will accept Visa's virtual credit cards for corporate payments, expanding the international digital payment options for WEX's B2B customers. 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. Choose the new status. It would save all of us a LOT of time and money (I am getting paid for sitting on the phone) if someone at Tcheck used that Email and notified us about all of changes. We see from Visas table that if you take a fleet card, it will be charged according to purchasing card rates. There were months I didnt even PURCHASE GAS, and the $14 in fees triggered a late fee of $75. Look up and select the card you want to change. To support this enormous responsibility we earn some of our revenue through affiliate fees and advertising. The Prompts Information section appears. This type of billing is unethical at the very least. WexBocaLink.setUrl("locations-flyout", "WEXFleetUniversal", "cc1"); Save money and manage fleet operations with our modern business mobility solutions, including a broad array of fuel cards for any size fleet. WEX, Inc. NOTE: Follow the same steps to assign a Driver ID.
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