Job Training & Conferences. WEX offers complete benefits administration, including benefits accounts such as HSAs, FSAs, HRAs, LSAs, COBRA, and more | Set your business free by . . With a WEX Health Visa/Mastercard-powered account, members enjoy easy access to funds for supplemental benefits like OTC, groceries, transportation, dental, vision, hearing, fitness, chiropractic, acupuncture, home services, utility bills, premium rebates, etc. Welcome to your single source for all you need to know about your benefit account (s). And we keep that in mind as we're working through all of this. And you can see that in the growth of vehicles that we've had within our base, and so we start with that. We'll build on this launch by focusing on learnings and rapidly innovating our offering for U.S.-based customers. New User. But then when you migrate across the rest of the portfolio, our fleet mobility customers in our North American fleet business was actually up 2.5%. WEX | ADP Marketplace [4], Wright Express grew over the next several decades. Will customer service numbers stay the same? It tends to be a higher quarter for travel. And then it seems like you also talked about the late fee impacts and then maybe a little bit of just macro on the fleet business. The revenue increase in the quarter includes a $1.3 million favorable impact from fuel prices and spreads and a $4.3 million unfavorable impact from foreign exchange rates. Your next question comes from the line of Bob Napoli with William Blair. You may now disconnect your lines. WexLocationCode.setTransientValue("wex02"); (formerly known as Wright Express Corporation) is a provider of financial technology solutions. Particularly, I think you mentioned some weakness in OTR. We also saw volume growth in our direct channel, and we are pleased to sign more than 40 new direct Corporate Payment customers in the quarter. Got it. We remain in a very healthy financial position and ended the quarter with $922 million in cash. WEXVets provides mentorship, development, and camaraderie for veteran employees, empowering them to capitalize on their unique experiences. This company is wonderful great pay great benefits and you are treated as a person as opposed to a number. Remember Me Next. And we're fine doing that if we see an opportunity within that space. Like are we thinking that's like second quarter or back half of 2023 thing? The local fleet customers in the U.S. continue to have marginally elevated loss rates compared to the last couple of years but are in a relatively normal range. Benefits segment purchase volume increased 18%, leading to an 18% increase in payment processing revenue. New users can create a new account to get started. But I'm going to start, and I'm sure Jagtar will add on to this. I know the net interchange piece was down a little bit from incentives. And then my last question, just on capital allocation. Remember Me Next. The domestic fuel price in Q1 2023 was $3.86 versus $3.95 in Q1 2022. In Benefits, primarily, the conversation is around still employee retention and how we're making sure we're offering benefits within the marketplace that are attractive and continue to evolve in the way that the marketplace expects. First Republic in limbo as US regulators juggle bank's fate, Sony shares tumble on weaker-than-expected annual outlook, 'Waste of time': Community college transfers derail students, Asia Stocks Rise, Treasuries Dip in Cautious Trade: Markets Wrap, Poll: Americans fault news media for dividing country.
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