Wright Express Payment Solutions
Available from WEX, Inc.
Wright Express is global provider of business payment processing and information management solutions, with over $20 billion in commercial payments processed annually. Wright Express’s Payment Solutions features best-in-class single-use virtual card, ePayables, and traditional purchasing card solutions. Our Payment Solutions group represents Wright Express’s fastest growing product line, growing in excess of 40% annually, and processing over 90 million transactions in the last 5 years. Wright Express uniquely focuses on delivering specialized payment solutions for commercial payment needs, taking on the projects a traditional bank may not. In 2000, Wright Express launched its single-use virtual payments program to address the unique needs of pre-authorization and overcharges in the Travel Booking sector. Today, four of the top five online travel agencies and dozens of other travel management companies leverage the program for payments to their suppliers. A similar application exists for paying vehicle maintenance and repairs.