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    CITGO Selects Fleet Card Processing Program

    FleetCor wins fourth consecutive bid.

    ATLANTA -- CITGO Petroleum Corp. selected FleetCor to provide fleet card processing and program management services for its fuel cards.

    "FleetCor has been an innovative partner for the past four-year contract, and from our recent review in the market, there was no one better positioned to continue to move CITGO's fleet card capabilities forward," Jonathan Watson, CITGO's manager of business services and payment cards, said in a released statement.

    FleetCor, the Global Fleet Card Co., was awarded the last four competitive bids for major oil private label fleet card contracts, explained Bill Schmit, president of FleetCor's private label division.

    "Since winning the CITGO business from a competitor in 2004, FleetCor has worked hard to earn the respect of CITGO, its branded marketers and the end customers of its branded fleet card program," Bill Schmit, president of FleetCor's private label division, said in a released statement.

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