Online Travel Agency Webjet Unveiled as First Australian Customer
SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Jun. 12, 2013--
Inc. (NYSE: WEX), a leading provider of corporate payment solutions,
today announced it is working with Webjet as the launch customer for the
WEX Travel solution in Australia. The online travel agency has
successfully implemented the solution through WEX subsidiary, Wright
Express Australia, and continues to expand the program to meet its
global travel payment needs including settlement in eight currencies.
The Webjet adoption of the WEX Travel solution builds on WEX's entrance
into the Australian market and expands upon the success of the WEX
Travel product in the United States, United Kingdom, Europe and Brazil.
“With top global online travel agencies now using WEX’s single use
virtual accounts solution, it was fitting that the company’s first
customer in Australia was one of the country’s largest online travel
agencies,” said Greg Drumm, managing director Asia Pacific, Wright
Express Australia. "WEX's market-leading technology enables Webjet to
enhance revenue, cut costs and increase efficiencies," Drumm said.
The WEX Travel product provides businesses with the ability to:
Use single use virtual cards for travel booking
Reduce costs and increase efficiency
Streamline payment reconciliation
Earn revenue share on processed payments
Pay global suppliers securely with customized controls
Seamlessly integrate with existing systems to support high volume
“The WEX Travel product provides a flexible, reliable and efficient
method of paying suppliers,” said John Guscic, Webjet Managing Director.
“As a leader in online travel tools and technologies, Webjet is always
looking to adopt innovative solutions that advance our business. WEX
offers proven technology and an unrivalled level of expertise and
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 7.6 million cardholders and offering exceptional payment security
and control across a wide spectrum of business sectors. The Company’s
operations include WEX Bank, Fleet One, Pacific Pride, rapid! PayCard,
Wright Express Australia, Wright Express New Zealand, and CorporatePay
Limited, England, as well as a majority equity position in UNIK S.A.,
Brazil. WEX and its subsidiaries employ more than 1,300 associates.
Webjet is one of Australia (www.webjet.com.au)
and New Zealand’s (www.webjet.co.nz)
largest online travel agencies. Leading the way in online travel tools
and technologies, Webjet enables customers to search, compare and book
the best domestic and international flight deals, travel insurance, car
hire and hotel accommodation.
Source: WEX Inc.
News media contact:
Jessica Roy, 207-523-6763
Michael E. Thomas, 207-523-6743