WEX Announces Virtual Payments Agreement with Vibe Systems

Virtual payments continues to be a hot topic—especially in the travel space. Offering improved security, speed of processing, control, data, and much more, travel organizations are moving to take advantage of these solutions for their businesses, and we are excited to announce a new partnership with a fellow leader in the travel space—Vibe Systems.

Announced on February 15, 2017, WEX has signed an agreement with Vibe Systems Ltd. to allow a direct integration of WEX’s virtual debit, prepaid and credit cards with either pre- or credit funding into the Vibe platform, allowing the company to offer automated supplier payments in 24 currencies around the world.

A Mutually Beneficial Agreement

This agreement is not only mutually beneficial for WEX and Vibe, but it also shows our commitment to improving the travel industry and its payment processes—regardless of the systems our partners already have in place, according to Ian Johnson, Commercial Director of Virtual Payments at WEX Europe. Johnson was quoted in the press release:

“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.”

This notion was seconded by Martin Eade, Group E-Commerce Director at Vibe, who was quoted,

“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.”

Under the terms of the agreement, WEX’s virtual debit, prepaid and credit cards will be directly integrated with either pre- or credit funding into the Vibe platform, which allows automated supplier payments in 24 currencies worldwide.

Learn More

To learn more about Vibe Systems, as well as the front- and mid-office solutions it offers to travel brands including OTAs, DMCs, Airlines, Corporates, Media and more, head to Vibe.Travel. To stay up to date with all of the latest from WEX—blogs, press releases, insights, and more—please subscribe to our blog to the right or follow us on Twitter at @WEXIncNews.