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Vibe and WEX Announce Virtual Payments Agreement

February 17, 2017 Financial No Comments Email Email

WEX Inc. a leading provider of corporate payment solutions, today announced a new agreement with Vibe Systems Ltd. Vibe delivers advanced front and mid office technology to travel businesses, such as online travel agencies, retail agencies, travel management companies and consolidators. The agreement allows a direct integration of WEX’s virtual debit, prepaid and credit cards with either pre- or credit funding into the Vibe platform which enables automated supplier payments in 24 currencies across the globe.

Ian Johnson, Commercial Director, Virtual Payments, WEX Europe, said, “Our aim is to make our payment solutions available to the travel industry, regardless of the systems they already use and Vibe is helping us facilitate that. We like to take the complexity and cost out of payments and ensure our customers have the best experience when paying suppliers. Having an agreement with Vibe is a great addition to our business and we’re looking forward to a close cooperation for years to come.”

Martin Eade, Group E-Commerce Director, Vibe, said, “We are delighted to offer our clients the ability to enable WEX payment solutions on their Vibe online booking platform. Combining WEX’s payment expertise with Vibe’s technology expertise is an exciting prospect for our customers.”

Pioneered in 2000, WEX virtual payments are available in all major international currencies and are used in over 190 countries worldwide.

WEX and Vibe are exhibiting at the Travel Technology Europe show, from February 22nd to 23rd 2017, in London Olympia. The WEX stand is T300 and Vibe is on stand T320.

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