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Vibe and WEX announce virtual payments agreement

WEX and Vibe combine travel technology and  payments for a better supplier payment experience

London, UK, XX February,  2017 - WEX Inc. (NYSE: WEX), 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.

About WEX Inc.

WEX Inc.  (NYSE: WEX) is a leading provider of corporate payment solutions. From its  roots in fleet card payments beginning in 1983, WEX has expanded the scope of  its business into a multi-channel provider of corporate payment solutions  representing more than 10 million vehicles and offering exceptional payment  security and control across a wide spectrum of business sectors. WEX serves a  global set of customers and partners through its operations around the world,  with offices in the United States, Australia, New Zealand, Brazil, the United  Kingdom, Italy, France, Germany, Norway, and Singapore. WEX and its  subsidiaries employ more than 2,500 associates. The Company has been publicly  traded since 2005, and is listed on the New York Stock Exchange under the  ticker symbol “WEX.” For more information, visit www.wexinc.com and follow WEX  on Twitter at @WEXIncNews.

About Vibe

Vibe Systems  delivers advanced front and mid office technology to OTAs, call centres and  retail, consolidators, DMCs, tour operators, airlines, airports, retail  agencies, media travel, TMCs and corporates.
 
Developed in 2007 by travel industry and software experts, Vibe provides  comprehensive booking engine solutions for the travel industry, giving clients  complete control over their travel business and allowing them to significantly  improve every aspect of online operations.
 
With hundreds of new features added to the suite of products each year, Vibe  continues to deliver customer-focused, leading-edge technology, and some of the  best products in the market.

News media contact:
 
WEX Europe
Riina Sulonen     +44 (0) 7766 254 806      riina.sulonen@wexeurope.com

JPW Communications
Jamie Wortley   +44 (0) 7877 589 910        jamie@jpwcommunications.com
 
Vibe
Lynne Good       +44 (0) 1438 907000         lynne.good@vibe.travel