WEX Enters New Agreement with Travel Technology Provider Traveknowledgy
July 03 2017 - 1:00AM
Business Wire
WEX and Traveknowledgy collaborate to further
automate post-booking processes for travel companies
WEX Inc. (NYSE: WEX), a leading provider of corporate
payment solutions, today 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.”
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
2,700 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 http://www.wexinc.com and
follow WEX on Twitter at @WEXIncNews.
About Traveknowledgy
Traveknowledgy is a travel technology company focusing on
automation of the post-booking processes and improving the bottom
line of travel companies. It provides travel agents with a
GDS-agnostic solution that enables them to seamlessly create and
manage sophisticated workflows related to GDS and mid-office
post-booking processes. Intuitive web interface requires minimal
technical background and the complexity of the created workflows is
only limited by users creativity.
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version on businesswire.com: http://www.businesswire.com/news/home/20170702005016/en/
WEX EuropeJPW CommunicationsJamie Wortley, +44 (0) 7877
589 910jamie@jpwcommunications.comorTraveknowledgyMaxim
Sevastianov, +46 8 5222
6999maxim.sevastianov@traveknowledgy.com
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