Credit Card Partner
pureFI is electronically connected to the WEX, Inc. virtual credit card payment system. Credit card payments can be generated by the click of a button directly from within the claim screen in pureFI. A personalized fax or email with the virtual credit card’s details is sent to the dealer to cover repair fees. WEX returns a transaction file each day that automatically reconciles the payments in pureFI so there is no month end reconciliation process required. At month end only the exceptions need to be reviewed in order for the reconciliation to be completed. The operational efficiencies of this automated process along with the security and the controls the virtual credit card deliver make this an extremely valuable partnership. In 2017, we processed $350 million of transactions through WEX’s system.