WEX Europe Enters Into International Agreement With Voxel Group - Quick Facts

(RTTNews) - WEX Inc. (WEX), a provider of corporate payment solutions, announced that WEX Europe has entered into an international agreement with Voxel Group, a supplier of electronic transactions systems to the hospitality and travel industries.

The long-term relationship established by the agreement is based on the integration of WEX's virtual payments solution into the Voxel-owned baVel electronic billing platform that communicates directly with hotel property management systems.

The combination of the WEX and Voxel solutions accelerates the delivery and receipt of hotel invoices by automatically sending these at the relevant point in business-as-usual processes . This enhanced process enables automatic validation of invoices and payments to be processed in real time allowing travel companies to improve the profitability of hotel relationships.

In addition to announcing the agreement, WEX Europe and Voxel will be launching the proposition at Fitur, the International Tourism Trade Fair, in Madrid commencing on January 28, and further showcasing the combined solution at the Travel Technology Europe Show and the Business Travel Show, which are commencing on February 25 in London.