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HitchHiker and WEX Announce Virtual Payments Agreement in Germany

WEX and HitchHiker work together on providing seamless payments to the German travel industry

February 01, 2017

LONDON – WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced a new virtual payments agreement with HitchHiker GmbH. HitchHiker specialises in content aggregation as well as online booking and ticketing solutions for traditional and online travel agencies, tour operators, consolidators, travel management companies and airlines. With the agreement in place, mutual customers are able to benefit from virtual debit, prepaid and credit cards which can be pre-funded or using a credit line and are available in 24 billing currencies.

Ian Johnson, Commercial Director, Virtual Payments, WEX Europe, said, “At WEX we see great opportunity for our payments and new technology solutions in Europe. We have been expanding rapidly into new markets over the last few years and focus on providing our customers with more powerful and effective solutions. Germany is a key market for us and having HitchHiker, a leading innovator in the travel technology space, working with us is a huge gain for our business and our mutual customers.”

Thomas Boffo, Managing Director, HitchHiker, said, “In our role as aggregator of flight content from Global Distribution Systems, airline direct connects, global flight wholesalers, and other third party content providers, it has become vital to be able to offer a breadth of cost efficient and safe payment options which our customers can manage according to their business requirements. For our customers across the globe virtual payments have become the preferred method of payment, offering benefits such as reduced risk of fraud and misuse which conventional company cards cannot offer. Through our agreement with WEX our mutual customers will benefit from an increased cash flow through the credit funding option.”

Pioneered in 2000, WEX virtual payments are available in all major international currencies and are used in over 190 countries worldwide.

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 2,500 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 www.wexinc.com and follow WEX on Twitter at @WEXIncNews.

About HitchHiker GmbH

HitchHiker GmbH is a leading and independent provider of software solutions for the global travel industry, based in Frankfurt am Main, Germany. With 25 years of experience in the tourism industry and numerous international projects, HitchHiker has developed solutions for the entire airfare management and ticketing process as well as powerful online booking solutions for all types of flights and ancillaries. HitchHiker’s customers in 27 countries comprise some of the leading online and traditional travel agencies, tour operators, consolidators, travel management companies and airlines worldwide. For the development of its solutions HitchHiker trusts in industry standards such as Microsoft technology. HitchHiker has once again attained Microsoft Gold Application Development competency and is compliant to the Payment Card Industry Data Security Standard.

Contacts

WEX Europe
Riina Sulonen, +44 7766 254 806
riina.sulonen@wexeurope.com

or

JPW Communications
Jamie Wortley, +44 (0) 1769 573444
jamie@jpwcommunications.com

or

HitchHiker GmbH
Uta Will, + 49 (69) 50 70 3 0
Marketing Manager
marketing@hitchhiker.net

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ITB 2017 Image

Our Highlights at the ITB Berlin 2017

Again this year the ITB Berlin invites you to find out about the latest technology trends in the tourism industry.

We would also like to take this opportunity to give you an insight into our latest product developments. Our highlights are:

  • HitchHiker Flight API – Airline Merchandising Edition: The latest version 4.0 of our Flight API focuses on the integration of airfare bundles (branded fares) and lucrative additional services (ancillaries).

  • New consolidator cooperation: In order to offer start-ups and small travel agencies without IATA license a complete solution for their flight business, we have recently concluded cooperation agreements with two additional airline ticket wholesalers, AERTICKET AG and BERlogic.

  • HitchHiker Payment Gate: In addition to our cooperation with eNett, who already successfully handle supplier payments of our customers via virtual credit cards (eNett VANs), we are now able to offer a wider range of virtual payment cards and billing types thanks to our cooperation with AirPlus, WEX Europe and Wirecard.

  • HitchHiker Queue Robot: The queue robot has been recently enhanced by a repricing function empowering an automated fare optimization for your tour operator bookings. In addition, our robot includes a collection of useful modules for automating several business processes, such as the management of schedule changes and wait lists, standardized queuing of bookings, triggering of third party systems and ticketing of your Direct Connect bookings.

  • HitchHiker Data Feed: On request, we provide tailored flight data packages at regular intervals – either for individual flight connections or entire markets – which allow for dynamic packaging of your ground services with a broad selection of low-cost flights.

  • HitchHiker Airline Data Broadcast: Our broadcast service is a real-time data stream of all flight connections requested on our Flight API environment including the respective availability and price information. Use this data for your individual flight price comparisons, calendars or to generate up-to-date offers and benefit from a high accuracy and availability compared to the industry-standard cached data.

    We are looking forward to addressing some of these topics in detail with you during the ITB.

    • Where? ITB Berlin, hall 5.1, stand no. 124

    • When? 08-11 March 2017

     
    Please book your appointment with us now. You may contact us by phone (+49 69 507030) or by e-mail to sales@hitchhiker.net. In case you cannot attend the show, we will be happy to propose an alternative for an in-depth interview.

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