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Canada's Magazine for Financing & Leasing Executives

April 23, 2014

Shell Canada Products, EFS, launch new commercial fleet card program

NASHVILLE--Shell Canada Products has launched a new joint commericial fleet card program in Canada, in partnership with Electronic Funds Source LLC (EFS), a leader in innovative and customized payment solutions. The Shell Fleet NavigatorTM/mc commercial card, leveraging the EFS payments platform, offers broader acceptance for Canadian fleets with more than 1,200 Shell branded retail locations across Canada, combined with over 800,000 Canadian MasterCard acceptance locations, all on a single card powered by EFS' payments platform.

"MasterCard's superior payment network will provide fleet customers with the quickest, easiest and safest way to pay," said Betty DeVita, President, MasterCard Canada. "Our leading acceptance footprint in Canada means convenience and consistency when it comes to fueling. We're thrilled to work with EFS to bring such an innovative product to Canadian fleets."

The Shell Fleet NavigatorTM/mc commercial card allows Canadian fleets to define their own fuel networks from any Shell or non-Shell fuel station in Canada where MasterCard® is accepted. This allows fleets to better manage routes and gain efficiencies while also controlling fueling costs. The EFS payments platform provides Shell Canada fleet customers with dynamic prompting and reporting, along with unique and innovative controls when the card is used at participating Shell retail locations.

"Having a global oil and gas company put their trust in EFS to deliver the right solution for their business needs in Canada speaks volumes for how EFS is approaching the industry," said Scott R. Phillips, President and Chief Executive Officer of EFS. "We are honored to partner with Shell and MasterCard on this exciting new commercial card program and look forward to mutually developing unique solutions that will transform payments."

Electronic Funds Source LLC is a leading provider of innovative and customized corporate payment technology solutions designed specifically to help our customers drive efficiencies and improve bottom line performance. Serving the industry for 50 years, EFS brings unparalleled service, customer-driven innovation, and leading technologies to make the industry better. Our portfolio includes a suite of corporate and private-label purchasing cards; innovative cardless technology solutions; payroll solutions; money transfer solutions; back-office A/P and expense management solutions; and intelligent, real-time analytics to make payments smarter. Led by industry veterans, EFS maintains its commitment to bettering the industry by developing new technology to deliver smarter payments, providing our customers with better financial controls.



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