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PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), a arch cyberbanking technology account provider, and Sinclair Oil, a Wyoming-based refinery abettor that markets ammunition in 24 states, today appear they accept broadcast their 15-year partnership. The amplification of this accord reinforces the account and aplomb in the accord and allows WEX to accommodate added bulk to Sinclair barter through added articles and technology, accession both companies for added growth.
“We acknowledge our abiding business with Sinclair, and this accommodation to coalesce the accord and drag it to addition akin is cardinal for both businesses,” said Jay Collins, chief carnality admiral and accustomed administrator of baby business at WEX. “We are about-face the affairs to accommodate added captivation into Sinclair’s cast and its chump base. We will abide to assignment calm to bear avant-garde solutions that beat chump expectations and drive added bartering gallons to Sinclair locations.”
WEX currently supports the Sinclair Agile Track Card, which offers agile managers automated accounting, letters and able accoutrement for saving. The ammunition agenda is accustomed at every above U.S. ammunition station, as able-bodied as 45,000 account locations beyond the country. It provides aegis appearance to advice anticipate crooked use and allows agile managers to put guardrails on spending based on artefact type, dollar amount, time of day and more.
Sinclair continues to focus on architecture branded gallons through relationships aural their accepted benefactor and through the development of new-to-the-brand locations.
Said Jack Barger, carnality admiral of business at Sinclair, “Sinclair has enjoyed a continued and acknowledged accord with WEX. This new administration in our affiliation will advice Sinclair and our distributors action a aggressive agile affairs to their barter and bear added bartering gallons to our branded network.”
This columnist absolution contains advanced statements, including statements regarding: the addendum of the WEX and Sinclair relationship; the allowances of the accord expansion; and, WEX’s appulse on Sinclair’s bartering volume. Any statements that are not statements of absolute facts may be accounted to be advanced statements. When acclimated in this columnist release, the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project” and agnate expressions are advised to analyze advanced statements, although not all advanced statements accommodate such words. These advanced statements are accountable to a cardinal of risks and uncertainties that could account absolute after-effects to alter materially, including: the furnishings of accustomed bread-and-butter altitude on fueling patterns as able-bodied as acquittal and transaction processing activity; the appulse of fluctuations in ammunition prices; aggressive responses to any acquisitions; the Company’s adeptness to auspiciously acquire, integrate, accomplish and aggrandize bartering ammunition agenda programs; the abortion of accumulated investments to aftereffect in advancing cardinal value; the appulse and admeasurement of acclaim losses; the appulse of changes to the Company’s acclaim standards; breaches of the Company’s technology systems or those of the Company’s third-party account providers and any consistent abrogating appulse on the Company’s reputation, liabilities or relationships with barter or merchants; the Company’s abortion to advance or renew key bartering agreements; abortion to aggrandize the Company’s abstruse capabilities and account offerings as rapidly as the Company’s competitors; abortion to auspiciously apparatus the Company’s advice technology strategies and capabilities in affiliation with its technology outsourcing and insourcing arrange and any consistent amount associated with that failure; the accomplishments of authoritative bodies, including cyberbanking and balance regulators, or accessible changes in cyberbanking or cyberbanking regulations impacting the Company’s automated bank, the Aggregation as the accumulated ancestor or added subsidiaries or affiliates; the appulse of the actual weaknesses aboriginal appear in Item 9A of the Company’s Annual Report for the year concluded December 31, 2018 filed on Form 10-K with the Balance and Exchange Commission on March 18, 2019 and the furnishings of the Company’s analysis and remediation efforts in affiliation with assertive immaterial errors in the cyberbanking statements of our Brazilian subsidiary; the appulse of the Company’s outstanding addendum on its operations; the appulse of added advantage on the Company’s operations, after-effects or borrowing accommodation generally, and as a aftereffect of acquisitions specifically; the incurrence of crime accuse if our appraisal of the fair bulk of assertive of our advertisement units changes; the uncertainties of litigation; as able-bodied as added risks and uncertainties articular in Item 1A of our Annual Report for the year concluded December 31, 2018, filed on Form 10-K with the Balance and Exchange Commission on March 18, 2019. The Company’s advanced statements do not reflect the abeyant approaching appulse of any alliance, merger, acquisition, disposition or banal repurchases. The advanced statements allege alone as of the date of this columnist absolution and disproportionate assurance should not be placed on these statements. The Aggregation disclaims any obligation to amend any advanced statements as a aftereffect of new information, approaching contest or otherwise.
Powered by the acceptance that circuitous acquittal systems can be fabricated simple, WEX (NYSE: WEX) is a arch cyberbanking technology account provider beyond a advanced spectrum of sectors, including fleet, biking and healthcare. WEX operates in added than 10 countries and in added than 20 currencies through added than 5,000 assembly about the world. WEX agile cards action 14.9 actor cartage aberrant acquittal aegis and control; acquirement aggregate in biking and accumulated solutions grew to $39.6 billion in 2019; and the WEX Health cyberbanking technology belvedere helps 390,000 administration and 31.8 actor consumers bigger administer healthcare expenses. For added information, appointment www.wexinc.com.
Sinclair is a abreast captivated Wyoming aggregation with controlling offices in Salt Lake City and added than 1,200 advisers beyond several states. Sinclair owns and operates two refineries in Wyoming forth with a arrangement of both awkward oil and finished-product pipelines and terminals in the Rocky Mountain and midcontinent regions. The aggregation has branded locations in 31 states, bartering high-quality fuels to added than 1,500 branded stations, featuring DINOCARE® TOP TIER™ Gasoline. Sinclair Oil and Gas Aggregation manages its analysis and assembly portfolios by alone accommodating in above oil and gas development projects in the United States. Sinclair additionally owns and operates The Grand America Auberge in Salt Lake City, the Little America auberge chain, The Westgate Auberge in San Diego, Sun Valley Resort in Idaho, and Snowbasin Resort in Utah.
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