Kuwait's Q8, WEX To Launch Joint Fuel Card In Italian Market

(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Sept 26 (KUNA) -- Kuwait Petroleum International (KPI) and the European services company WEX are to launch a joint fuel card (CartissimaQ8 - WEX) in the Italian market, part of a strategic partnership between the two sides.
In a statement to KUNA Friday, KPI said that this step comes to strengthen its presence by opening a new sales channel in cooperation with WEX, a global platform specializing in facilitating business solutions, with the aim of providing more effective services to fleet and corporate customers across Italy.
The statement quoted the Kuwait Petroleum International CEO, Shafi Al-Ajmi, as saying that this agreement represents a strategic step that reflects the Kuwait Petroleum Corporation's 2040 vision, which aims to enhance the global expansion of its subsidiaries and adopt innovative and sustainable solutions in the energy sector.
He stated that this agreement represents an additional step towards expanding the reach of the CartissimaQ8 card, which is considered one of the most prominent solutions in the Italian fuel card market.
The agreement will give WEX customers access to a network of more than 3,400 service stations, including Q8, Q8easy, and authorized partners, in addition to benefiting from new generation fuels such as Q8 HVO and Q8 Hi Perform, which combine high performance with sustainable mobility, he added.
In turn, Director of the Cards and Digital Payments Sector at Kuwait Petroleum International's branch in Italy, Vincenzo Maniacci affirmed that this partnership is a strategic step that strengthens the company's position in the fuel card market and confirms the value of the CartissimaQ8 card as an integrated solution for corporate fleets.
WEX's Managing Director of European Mobility Solutions, Kate Reichenbach, said that this agreement with KPI is a significant milestone in WEX's journey to strengthen its network in the Italian market by combining KPI's extensive network and reliable services with WEX's sales, marketing, and operational capabilities.
Kuwait Petroleum International (KPI), founded in 1983, is a global marketing company affiliated with the Kuwait Petroleum Corporation. It operates a vast network of retail fuel stations and dedicated road service stations in Europe, totaling over 4,700 stations, including more than 2,800 stations in Italy. (end)
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