WEX Inc. (WEX), a leading financial technology carrier issuer, has accelerated its industrial footprint globally with the signing in Singapore of Japanese journey agency Time Design. Time Design affords a white-labeled era reserving platform that allows motels, airlines, and online travel dealers (OTAs) to promote tour programs on their websites.
As a part of the agreement, WEX will problem its digital cards for Time Design, presenting it with the potential to: Pay home and foreign places providers (accommodations and airlines) in their preferred forex with a comfy sixteen-digit digital variety.
Reduce move-border transaction prices
- Improve coins flows
- Reduce charges and increase performance
- Streamline fee reconciliation
Richard Cogswell, Commercial Director, APAC, WEX, stated, “We are thrilled to have signed Time Design. This is an exciting development for WEX as we appearance to grow our global patron base and extend our virtual payments functionality into new markets throughout the Asia Pacific location.
Yuzo Takamatsu, CEO of Time Design, stated, “At Time Design, we pride ourselves in turning in a whole package deal journey reserving enjoy. The addition of WEX’s virtual bills technology into our reserving platform will also elevate our operational performance and reinforce our function as a revolutionary participant inside the worldwide tour market.
Powered via the notion that complicated fee structures can be made simple, WEX (WEX) is a leading monetary era carrier issuer across a broad spectrum of sectors, such as fleet, journey, and healthcare. WEX operates in more than ten international locations and more than 20 currencies via greater than four,800 associates around the arena.
WEX fleet playing cards provide thirteen.1 million cars outstanding charge security and manage; buy volume in its journey, and corporate answers grew to $34.7 billion in 2018, and the WEX Health financial technology platform enables 343,000 employers and greater than 28 million clients higher manage healthcare prices.
Time Design is a pioneer technology business enterprise from Japan specializing in dynamic applications. The organization empowers some of the maximum well-liked resort groups around the arena with a package deal booking engine to capture higher holistic reservations and increase their direct sales.
Time Design companions with over 2300 motels, GDS, CRS, and international channel managers. The organization becomes based in Tokyo, Japan, with the aid of President CEO, Yuzo Takamatsu, in 2006. Time Design is a group employer of Kakaku.Com, Inc. (TSE code: 2371).