25th Sep 2014 09:05
LONDON (Alliance News) - Universe Group PLC Thursday said its HTEC Ltd subsidiary has been selected by US transportation fuels company Valero Energy Corporation to provide its new electronics funds transfer, loyalty and fuel card acceptance platform in the UK.
Universe said the roll out of the solution, which is based on HTEC's GemPAY platform, is already underway. The solution is also using the HTEC Terminal Management System.
"We are delighted that Valero has chosen us as their technology and service partner and we look forward to supporting one of the UK's leading fuel wholesalers into the future," said Universe Chief Executive Officer Jeremy Lewis.
Shares in Universe were trading 4.6% higher at 5.75 pence per share on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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