WEX Inc. provides corporate card payment solutions in North and South America, the Asia Pacific, and Europe. It operates in two segments, Fleet Payment Solutions and Other Payment Solutions. The Fleet Payment Solutions segment offers fleet vehicle payment and transaction processing services. This segment markets its products and services directly to commercial and government vehicle fleet customers with small, medium, and large fleets, as well as with over-the-road long haul fleets; and indirectly through co-branded and private label relationships. The Other Payment Solutions segment provides payment processing solutions for corporate payment and transaction monitoring needs. Its products include virtual cards that are used for transactions that require pre-authorization and where no card is presented; healthcare payment products, which are used in healthcare payments markets; employee benefit cards, private label, and processing services for use in the retail, government, and transportation sectors; and prepaid and gift card products enables secure payment and financial management solutions with single card options, access to open or closed loop redemption, load limits, and with various expirations. This segment markets its products and services directly to commercial and government organizations. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is headquartered in South Portland, Maine.