WEX and Mastercard are joining forces to bring fuel, maintenance and other fleet expenses onto a single payment platform across Asia Pacific.

The partnership combines Mastercard’s global payments network with WEX’s more than 40 years of fleet management experience.

The proposed platform aims to consolidate fuel, vehicle maintenance, tolls, parking and broader business expenses currently managed through separate payment systems.

It will offer real-time spending controls, automated reporting and transaction-level data, including fuel types and litres purchased.

Businesses operating conventional, hybrid and electric vehicles will also be able to manage payments through a single account and receive one consolidated invoice.

According to figures cited by the companies, fleet-card transaction volumes in Asia Pacific were estimated at US$310 billion in 2025, accounting for 31 percent of global volumes.

The market is projected to grow by 14.3 percent annually through 2030.

WEX is already a global pioneer in travel and corporate virtual payments; by joining forces with Mastercard in this new capacity, we are bringing that same engine of innovation to the APAC mobility sector,”

“Our collaboration with WEX is an essential example of how we scale with impact.

By combining our global network with their deep industry expertise, we’re helping businesses move faster, operate smarter and prepare for what’s next. Together, we’re setting a new standard for a future-ready mobility ecosystem,”

said Anouska Ladds, Executive Vice President, Commercial and New Payment Flows, Asia Pacific, Mastercard.

The companies expect the programme to process billions of dollars in annual transactions as it expands across regional markets.

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