WEX Card Australia has announced two agreements with Chevron International to handle the petroleum retailer's fuel card processing in five countries in the Asia-Pacific region.

WEX will develop, support and manage a fuel card processing platform for Chevron in Singapore, Hong Kong, Malaysia, Thailand and the Philippines, and WEX separately has agreed to process Chevron's fuel cards in the region over the next 10 years, South Portland, Maine-based WEX Inc. said in a Tuesday press release.

The deal expands WEX's operations in Asia by introducing its first services in Malaysia, Thailand the the Philippines, according to the release.

"These agreements are testament to the capability of the WEX business in the Asia Pacific region," said George Hogan, WEX's senior vice president for international, in the release.

Bloomberg News

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