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WEX enters new agreement with travel technology provider Traveknowledgy

WEX and Traveknowledgy collaborate to further automate post-booking processes for travel companies.

LONDON, UK – WEX Inc., a leading provider of corporate payment solutions, announced a new agreement with Traveknowledgy. A travel technology company, Traveknowledgy is focused on improving the bottom line of travel companies by automating their post-booking processes.

Traveknowledgy provides travel companies with an intuitive and easy to use web-based solution, which can be used to seamlessly create and manage sophisticated workflows for GDS and mid-office booking processes.

The agreement with WEX will allow Traveknowledgy’s clients to access a secure and reliable payment method enabling further automation.

Ian Johnson, Commercial Director, Virtual Payments, WEX Europe, said, “We are delighted to be able to announce another travel technology agreement, further strengthening our ability to help travel businesses achieve tangible process efficiencies. Working with Traveknowledgy, we will allow business and leisure travel companies to achieve significant savings when handling bookings.”

Maxim Sevastianov, CEO and Founder, Traveknowledgy said, “The addition of the virtual payment solution from WEX will enable our clients to pay suppliers in a more reliable manner. Access to a completely automated, yet flexible process, combined with the benefits of virtual payments, should make this a preferred form of payment for most transactions. We are excited about taking our collaboration with WEX to a new level and the opportunities it may lead to for both companies.”

News Editor - TravelDailyNews Media Network | + Posts

Angelos is the news editor for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). His role includes to monitor the hundrends of news sources of TravelDailyNews Media Network and skim the most important according to our strategy.

He currently studies Communication, Media & Culture in Panteion University of Political & Social Studies of Athens.

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