Wex Inc. is headquartered at 1 Hancock St, Portland, Maine 04101. WEX Inc. reported in July that fraud losses in the second quarter of 2017 were $16.1 million, an increase of nearly $10 million from Q2 2016. I then received a late charge for my July 28 bill, because they said they applied my July 6 payment to the June bill (even though it had already been paid 8 days prior.) Solved: WEX Fleet Card Feeds - quickbooks.intuit.com There is no detail on the bills whatsoever to identify annual fee, versus card fee versus late fee. Hard to get a hold of. We have located multiple Wex Inc. customer service phone numbers: (833) 225-5939 Toll-Free Customer Support On your side, as the business accepting a fleet card for services or products, the main difference to be aware of is that purchase options are limited. Then Class action suit! I think this would be great for our business! The WEX Accepting Merchant Network draws over 4 million fleet drivers to your locations. Again, there was NO explanation or warning. They know they are scammers and said that they have heard this all before and it is not loan sharking if agreed upon. For maintenance under $100 - merchants can either electronically accept the WEX Fleet card or call in the transactions to 1 (866) WEX-4GSA (939-4472) to receive a MasterCard number. On the Policy Management screen, you can edit existing policies or create new policies. If it is not, click the Create a new QuickBooks account radio and enter the bank account name. Given that FSA accounts are derived from client funds, and that weve had very reasonable FSA experiences with other companies, we would comment that if you want complaints from your workers about your WEX health FSA management choice WEX will get you complaints. They will not help you at all, I had no account number as I had no account. The credit info for the selected contract appears below. Host Merchant Servicesis a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA. Ridiculous I would like them to unfreeze my card till the end of the month when my insurance expires with the company and be able to use the benefits they are taking from my paycheck every week. Add a reference number and note, if desired. The Verifone machine is universal, and can be used with many different processors. Wex and Voyager can be used at any participating business, but both require extra set up beyond your regular credit card processing. Furthermore, drivers or customers of fleet cards must input odometer readings every time they use the card. Yes the customer service people are VERY NICE but do I ever see a cent to my bank account after getting electronic emails stating my reimbursement will be sent? Some processors have no monthly, no annual fees, no contract, and cheap rates. The WEX FlexCard gives you spend controls, custom reports, and fuel rebates. NOTE: Follow the same steps to assign a Driver ID. 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. Wex successfully resolved 49 complaints, while the remaining 58 either were resolved to the dissatisfaction of the merchant or did not receive a final response from the merchant. Dont use them, spread the word not to use them, I will be posting on every review site. I have been instructed a different way to close the account each time I call. They now want a detailed receipt. Using a credit or debit card allows us to make sure the person who claimed the offer is the one making the purchase. I just got my second invoice from WEX. Their final email to me was, yes it sucks but sorry. Such stations as Amoco, Citgo, Conoco, Diamond, Kwik Shop, Phillips 66, Sunoco, Shell, Sinclair, Texaco, Shell and Casey's accept the WEX card. But within the category of purchasing cards are several different possible rates. The discrepancy between my ACTUAL gas pump purchases to what was shown on my monthly invoices were unexplainably high! I send that in and thats not good enough. At the end of the day 3 months later WEX has not terminated the account and continue to pile on charges and send me statements.. To avoid this issue, we recommend asking for promotional information but not providing any information about your business name or location that could be used to bill you. EFS accounts | Customer support | WEX Inc. It gets billed to the card. Simply add a few details about yourself and the application will be submitted in minutes. Level 3 data is also important for government purchases, as tax-exempt numbers and other details can be captured. Look up and select the card you want to change. Anyone recommend an attorney? Get the latest Health Trends & Insights news in your inbox. They lost a very long term customer over this. WEX Inc. - Pep Boys Locations Now Accept Wright Express Card I have submitted the same receipt from my eye doctor several times and Wex continues to deny my claim. I am highly dissatisfied with the hassle I am currently experiencing with closing the Wex Fleet account. This also may need a specific point of sale terminal to collect the pertinent data and process fleet card payments. WEX Fuel Card | Office of Administration - Missouri Talked to their rep. he would settle account for $100, which we paid One transaction for $164 at Sheetz fuel, made payment, said they didnt receive it. Wex is the most incompetent company, screwed me 6 ways to sunday, because they had to lower credit limits during the great Hoaxit, a bunch of heartless people that dont understand a thing about small business and trucking. Today, almost all POS terminals have the required preinstalled applications to synchronize POS terminals. But in some cases, like with universal fleet cards, there are ways to lower your cost at wholesale. When you take fleet cards, the funding time depends on the type of card and the processor. I will be closing this account as soon as I get my funds. This is a fraudulent account. WEX would not approve our medically related expenses and kept over 1500 dollars of our HSA account. In the third quarter, credit losses hit $19.6 million, as the company implemented a new algorithm to help stave off fraud increases. They are nightmare if there is a problem. However, Visa and Mastercard offer their own fleet. How do I qualify for Love's Express Credit? You can view the status of your claims and upload documentation easily with our benefits mobile app or through your online account. Ready for the ultimate credit card processing experience? ERGs drive diversity by fostering new bonds and communities across the company. These processors offer Quickbooks integration and have low rates. I know its confusing .. eye roll .. WEX has frozen my account. By accepting fleet cards, you open up your business to a swath of customers you would not otherwise have. If you need help with rate and fee negotiations, payment integrations, cost optimization, or provider selection, schedule a consultation here. 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. Inventory Information Approval System (IIAS), We help 300,000 employers in the U.S to power the. Your WEX benefits debit card makes it easy to spend your funds on eligible expenses. A policy is a set of rules that govern how a group of cards behave, including where they can be used, and what products can be purchased. Having issues making the most of your WEX experience? See Who The Worst Processors Are. Wex has made many acquisitions, including eNett, Optal, and benefitexpress. It's a cut throat industry. How can I go about it? In the Amount field, enter the amount you want to add to the card. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Opened new account In addition, the company stated its working to tighten daily transaction and purchase limits, blocking sites with high levels of fraudulent activity, and actively working with law enforcement on prosecuting criminal activities. UPDATE: Not menti. Thats exactly what I have been doing everything is from Drs because on the receipts it shows I went to Memorial Hermann or I went to Methodist and my Drs appointment. On the Card Details screen, set up the info needed for this card, including policy number and card status. Even after we paid their extortion money, WEX kept our account locked. Youll want to find a company that will charge you as close to cost as possible. Spoke w Missy Fleet Manager assured me this would not affectour credit etc. Scammers!!! Look for the QBO file you saved in Step 1 and then select Open. PDF Commonly Asked Questions Regarding The WEX Health Card - Participant Thats where Level 3 enhanced data comes in. This even applies to co-branded cards. Youll need to contact your credit card processing company. Still getting notified of late fees I am seeking legal advice to sue them to recover the monies they have received in my name (HSA). It was my banker that advised me to contact them first. Wright Express, a leading provider of payment processing and information management services to the U.S. commercial and government vehicle fleet industry (NYSE: WXS), has expanded its accepting network to include The Pep Boys - Manny, Moe & Jack (NYSE: PBY), the nation's leading automotive aftermarket retail and service chain. However, you can get an idea of the costs, depending on which type of fleet card youre taking. Cards - We accept all major debit and credit cards, along with SNAP, WEX, Fuelman and other fleet cards. Referral Partnership FAQ Choose Credit Management from the drop-down menu, then Online Payments from the fly-out menu. Vehicle Fueling Procedures - Fleet Services - University of Alabama How fleet fuel cards work. 36 complaints were related to product or service problems, 62 had to do with billing or collection issues, 2 were left regarding an advertising or sales complaint, 4 were issues with a guarantee or warranty, and 3 were filed regarding a delivery issue. Getting paid to re-write this page? 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. Choose Money Codes from the drop-down menu, then Issue Money Code from the fly-out menu. Referral Partners Fleet cards, aka fuel cards, are basically a charge card whose primary purpose is to purchase gas. They have a long history of giving back, engaging with local. As he learned more about the innerworkings of the industry, rampant unethical practices, and lack of assistance available to businesses, he cut ties with his employer and started a blog where he could post accurate information about credit card processing. I had an Exxon/Mobil credit card for 30 years with no late payments, WEX takes over and for 3 months in a row, late fees and interest for $49.69 and interest of$8.86. In the podcast below, Phillip explains how credit card processing and credit card fraud affects business owners. It can be easy to get caught up in a routine or a silo at WEX, but NexGen has given me the opportunity to connect with people in other functional areas that I otherwise would have never met.. 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. I am switching my health care plan just so I dont have to deal with a company that really doesnt put effort into letting you pay your bills with your money. Our card works at a variety of merchants. Level 2 and Level 3 processing rely upon different interchange ratesthan traditional consumer credit transactions. Find out more about WEX WEX FUEL CARDS We are FSA account holders that are managed through WEX health. It sounds like a lot of work, but it can be a quick process if you get set up correctly with a payment processor familiar with enhanced data, and use the right equipment. Choose Manage Policies from the drop-down menu, then Manage Policies from the fly-out menu. Referral Partner Application We had NEVER HEARD OF THEM. This is our complaint on WEX, Inc. MORE THAN A SECURE WAY TO PAY, WEX FUEL CARDS HELP KEEP EXPENSES UNDER CONTROL. Wex Inc initially withdrew from the deal over concerns related to the COVID-19 pandemic, which sparked the class-action lawsuit. As a result, standard interchange rates that are the standard of such networks are not applicable. It also helps to understand your customers, so specific matters important to users of these fleet cards can really help inform your decisions. WEX CFO Roberto Simon pointed out in a recent conference call that fraud expenses for September and October were already down 60% from their peak over the summer. Now the meat of the matter what its going to cost? Get started. It is accepted only at ExxonMobil gas stations. The interchange rates range from 1.85% + 10 cents per transaction to 2.95% + 10 cents per transaction, as seen in the screenshot below. Enter and confirm an email address. Its not a perfect system for combatting fraud yet, but executives at the company are constantly refining it to ensure continuous improvement. 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. WEX Fleet Fuel Cards Fuel prices rise and fall, but your business always needs an edge Fill up company vehicles anywhere. This company and their employees SUCK. Referral Partner Permissions. A new account was opened for our company that we were unaware of because WEX changed their system. Ask us your questions here. Wex wouldnt help at all, just lied and wasted our time. 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. I got a $40.00 account setup fee, $8.00 fee for 3 cards, $10.00 paper delivery fee, $11.17 program fee, and $110.95 finance charge. How does this make any sense whatsoever?? Check the statement(s) you want to make payments for. WEX Fuel Card Accepting Locations | Nationwide Vehicle Coverage Accepted at 95% of U.S. fuel stations Automatic accounting Detailed, custom reports I am constantly being told, WE ARE UNDER A NEW SYSTEM WHO CARES??? We are positioned to create a community that sustains and supports us as individuals and leaders, while also helping us to drive positive impact to our business. The companys pricing is not especially competitive, but it has maintained a low overall complaint rate relative to its size. Additionally, finance charges in the amount of $75 started to be charged to my account in January 2022 and every other month thereafter. A fraud claim will require me to close my account and open another ( a couple of hours ) Purchase new checks ( more money ) advise my customers of new wire instructions ( more hours ), set up the bookkeeping files for the new account ( more time ) and monitor outstanding checks until they all clear ( more time ). That means that if you accept a fleet card that qualifies for Commercial Level III youll pay 1.85% + 10 cents at the wholesale level. We also encourage merchants to check out our list of the providers of the best merchant accounts. Furthermore, there are specific store-branded card networks offered by particular brands. He has nearly two decades of experience in card payment services, both as a former merchant services sales representative and as a professional journalist covering the payments industry. In 2020 Wex Inc. was the subject of a class-action lawsuit over the purchase of travel companies Optal and eNett International. Since Voyager and Wex are not affiliated with the major credit card companies, youll need to set up special applications within compatible equipment. Get the latest Health Trends & Insights news in your inbox. The Problem is this Wex froze my credit card HSA account they want receipts. Military veterans possess invaluable leadership skills and business acumen. Taking fleet cards can open up your business to a huge number of potential customers, ranging from local taxi drivers to long-haul truckers. Fleet cards can also limit the number of transactions or caps on each transaction. We are former TCheck Customer, used it mostly for paying lumper fees. 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. Still, businesses must have specific equipment set up for companies to accept them. If used elsewhere, you may need to upload supporting documentation (depending on your benefits plan). The State Fleet Card (WEX) is presently administered by WEX and is accepted at over 10,500 retail locations throughout California. Achieving Commercial Level III is possible when you comply with requirements for that level, which includes providing more information about the fleet card transaction than with a typical consumer transaction. Your WEX benefits debit card makes it easy to spend your funds on eligible expenses. Well help you adapt quickly to changing market demands, increase revenue, and improve profitability. The standard Wex, Inc. 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. The card may also be used on billing statements received from providers of the same types of service. I never paid a late fee with ExxonMobil for decades because I always paid the Invoice the exact day that I received it. After 4 phone calls and 2 emails over the course of a week I was told to file a fraud complaint with my bank. Compare Cards Or call 1-800-395-0812 WEX fuel cards are smarter than credit cards and safer than cash WEX, Inc. Wex Fleet Card | University of Missouri System WEX Reviews: 1,048 User Ratings - WalletHub EFS/WEx decided to debit our account and send us a check. I am so furious as the HSA that my company sold me on assured me that it was paperless and as long as I was using the account for medical, vision, dental or pharmacy co-payments it would be covered. I have asked for a manager many times but no one has EVER called me back. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Keep more of your money in your business, where it belongs.Apply for a fleet card today! Who do I contact? Below we will discuss what is a fleet card, the benefits and drawbacks of accepting them, and what is involved in accepting fleet cards. ACTIVE makes the card available to use. Most horrible experience with fuel cards. I notified WEX that this was fraudulent and was told the account wasTerminated assured me closed many times I continue to see statements each month with new charges The phone number for WEX is 866-544-5796 The address is WEX BANK PO Box 4337 In today's video, I am talking about the Wex Fleet card. Spend hours on the phone to have this resolved, right now I am talking to the person thats taking supervisors calls Our account was put on hold for late payment (this I understand) but, to get it reinstated I have answered all their queries, jumped through all their hoops and then some Do you think they will reinstate it?? Exceptions are even color-coded to make them easier to prioritize. 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. Click Save, then confirm the information. There is no consistent theme to the complaints, which suggests that there is not a systemic issue with the companys product or service. WEX began in 1983 with a mission to simplify fuel payments and accounting for busy professionals like you. Privacy Policy. Pumacard options Pumacard (See Look up card.). 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. The statement was dated 1/6/23 and I received it on 1/17/23 with a $10 charge for mail (paper deliver). Description of Complaint: Merchant Cash Advance We're happy to help. He has also researched and published reviews about nearly every payment services provider and processor. According to all available information, Wex Inc. is the dominant payment processing option for fleet card acceptance.
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