SOUTH PORTLAND, Maine–(BUSINESS WIRE)–Wright Express Corporation (NYSE: WXS), a arch all-around provider of acquittal processing and advice administration services, today appear that it has acquired the assets of rapid! PayCard, a a captivated provider of amount debit cards, e-paystubs and e-W2s in an all banknote accord that includes added considerations for achievement milestones. rapid! PayCard is an arising provider of prepaid articles absorption on baby and average sized businesses.
“While rapid! PayCard is currently a alcove player, this transaction represents an important footfall for Wright Express as it enables us to jump alpha our access into the calm prepaid bazaar and broadens our acquittal solutions offerings. With over 285,000 businesses that we account anon or through partners, we accept our verticals are, in abounding cases, prime candidates for a prepaid amount product. This accumulated with the akin of able chump achievement beyond our installed abject provides us with an befalling to action a amount artefact to accepted and approaching customers,” said Michael Dubyak, administrator and arch controlling administrator of Wright Express. “rapid! PayCard has able go-to-market capabilities in the amount sector, as able-bodied as ability in the sales process, employer requirements, key appearance and best practices. In addition, the company’s focus on chump account and training artlessly complements Wright Express’ accumulated culture.”
About Wright Express
Wright Express is a arch provider of value-based, business acquittal processing and advice administration solutions. The Company’s fleet, corporate, and prepaid acquittal solutions accommodate its added than 350,000 barter with unparalleled aegis and ascendancy beyond a advanced spectrum of business sectors. The Company’s subsidiaries accommodate Wright Express Financial Services, Pacific Pride and Wright Express International, including Wright Express Prepaid Cards Australia and Wright Express Fuel Cards Australia. Wright Express and its subsidiaries apply added than 850 assembly in six countries. For added advice about Wright Express, amuse appointment wrightexpress.com.
About rapid! PayCard
rapid! PayCard was accustomed in 2004 and has been focused on employer amount agenda programs back inception. rapid! Paycard’s mission is to advice our audience accomplish a accurately adjustable 100% cyberbanking amount that allowances the aggregation financially, improves the lives of their employees, and creates a added acceptable ecology archetypal for amount delivery. For added information, appointment our website at www.rapidpaycard.com.
This columnist absolution contains advanced statements, including statements regarding: the company’s ambition to access the domestic, prepaid agenda bazaar and augment its acquittal solutions offerings; bazaar a prepaid amount artefact to its barter and -to-be customers. Advanced statements can be articular by the use of words such as “expects,” “may,” “anticipates,” “intends,” “would,” “will,” “plans,” “believes,” “estimates,” “should,” and agnate words and expressions. These advanced statements accommodate a cardinal of risks and uncertainties that could account absolute after-effects to alter materially, including: the company’s abortion to auspiciously accommodate the businesses it has acquired; the abortion to auspiciously aggrandize business to its accepted chump abject and approaching customers; the company’s abortion to advance or renew key agreements; abortion to aggrandize the company’s abstruse capabilities and account offerings as rapidly as the company’s competitors; the accomplishments of authoritative bodies, including coffer and balance regulators, or accessible changes in cyberbanking and derivatives regulations impacting the company’s automated accommodation coffer and the aggregation as the accumulated parent; the uncertainties of litigation; the furnishings of accepted economics on fueling patterns and the bartering action of fleets and added businesses, as able-bodied as added risks and uncertainties articular in Item 1A of the company’s Annual Report for the year concluded December 31, 2010, filed on Form 10-K with the Balance and Exchange Commission on February 28, 2010 and the company’s consecutive alternate and accepted reports. The company’s advanced statements and these factors do not reflect the abeyant approaching appulse of any alliance, merger, acquisition, disposition or banal repurchases. The advanced statements allege alone as of the date of this columnist absolution and disproportionate assurance should not be placed on these statements. The aggregation disclaims any obligation to amend any advanced statements as a aftereffect of new information, approaching contest or otherwise.
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