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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 – WEX Inc., a leading provider of corporate payment solutions, 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.

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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