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|WEX Partners with Payment Logic for Robotic Process Automation of Car Registration Payments for Fleets|
Payment Logic has developed a Robotic Process Automation (RPA) solution that, when coupled with WEX virtual payments, enables the automation and payment of the car registration renewal process for fleets of vehicles. This solution takes a file of car registrations and, in an automated fashion, inserts a virtual card payment and enters the registration renewal without any manual input by the fleet owner, manager or administrator.
The 2018 ACA Research Corporate Fleet Insights Report estimates that, in
Payment Logic CEO
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About Payment Logic
Payment Logic was created in 2013 to help businesses make payments more effectively and profitably by adding value to existing payment processes. Payment Logic’s cardholder initiated payments platform helps businesses optimise cash-flow, maximise loyalty rewards and enable businesses to negotiate early payment discounts for their business. This new vehicle registration RPA solution is now Payment Logic’s second service, offered in conjunction with WEX virtual payments.
|"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding WEX Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.|