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Fleet card market dynamics shift as WEX plucks Chevron portfolio

Payments Source

The wheels are already turning on one of the biggest fleet card portfolio flips in North America, with South Portland, Maine-based WEX Inc. poised to take over in 2018 as the issuer of Chevron and Texaco fleet cards, replacing FleetCor Technologies, which is looking to make up revenue growth elsewhere.

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WEX Reorganizes With New Team For B2B Payments

PYMNTS

Aquilina previously spent almost eight years working in commercial card products at Mastercard prior to joining the Portland, Maine-based WEX. Bank and was in charge of fleet card programs. “As The new team’s focus will be on the $27 trillion domestic B2B payments market. He also previously worked at U.S.

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Inside Square's City of Mobile Payments

Payments Source

spent six weeks in Portland, Ore. — markets in total Apple Pay transactions conducted with its card readers. Square Inc. — a city with a strong existing base of micro-merchants — to transform it into one of the company's top U.S.

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CashStar Releases New eGifting Solution

PYMNTS

The gift of giving just got a whole lot easier and more digital, thanks to one Portland, Me.–based When gift recipients receive a message, they can tailor the item to their specific preferences, select a different product or opt to receive a gift card instead — without having to notify the sender of their decision. based company.

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Square And Apple: Who Is The Big Winner Of Their Payments Pair-Up?

PYMNTS

Not hard to understand that — Square pretty much set off the great mPos wave with its easy plug-in dongle that turned any iPhone or iPad into a credit card reading machine. But in January-February 2014, the talk wasn’t really so much about their phone/card processing combo package, as much as it was acquisition. What Square Gets.

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MyPeople On Gigging With Marketplace Points

PYMNTS

A gig worker on the MyPeople platform might help find a consumer find affordable housing in Portland, Oregon, for example. At the time of booking, he or she pays in advance by credit card; Strawn’s platform then holds the funds until the service is completed. “That’s a unique skill that someone has in their pocket,” Strawn said.

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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. After Amazon managed to turn the retail ecosystem’s collective head with its announcement that it would be acquiring the nation’s sixth-largest grocery chain, Whole Foods Market.

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