Business · Companies · 2 hrs ago

Mastercard and WEX plan fleet payments network in APAC

Mastercard and WEX plan fleet payments network in APAC

Mastercard and WEX plan to launch a network for fleet payments in APAC.

Fleet payments are transactions linked to vehicles used by businesses and other organizations.

The network’s planned launch is the key development, but no launch date or further details are given.

APAC fleet card volumes were estimated at US$310 billion in 2025.

That was 31% of the global total, showing the scale of the regional market.

The companies’ next step is to launch the network, though no timing is specified.

Sources

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