SOUTHERN AREA PORTLAND, Maine–( COMPANY LINE )–Wright Express agency (NYSE: WXS), the leading international service provider of cost control and ideas administration treatments, now revealed so it possess obtained the possessions of fast! PayCard, a privately presented provider of payroll debit notes, e-paystubs and e-W2s in an all funds offer which includes added factors for results milestones. rapid! PayCard try an emerging service provider of prepaid services and products emphasizing smaller than average medium sized companies.
“While fast! PayCard happens to be a distinct segment pro, this deal presents an essential action for Wright Express because it enables united states to jump start our very own entry inside home-based prepaid industry and broadens the installment assistance choices. With well over 285,000 companies that we service directly or through lovers, we believe our very own verticals are, in many cases, best candidates for a prepaid payroll item. This with the amount of powerful customer satisfaction across our very own installed base supplies you with an opportunity to supply a payroll item to existing and potential consumers,” said Michael Dubyak, president and chief executive officer of Wright Express. “rapid! PayCard enjoys stronger go-to-market abilities in the payroll market, and additionally expertise inside sale techniques, company needs, key attributes and best practices. And also, the firm’s concentrate on customer service and knowledge naturally satisfies Wright present’ business lifestyle.”
About Wright Present
Wright present is actually a number one provider of value-based, business fees handling and info administration solutions. Their fleet, business, and prepaid repayment systems provide the over 350,000 clientele with unparalleled protection and control across an extensive spectrum of company industries. The Company’s subsidiaries consist of Wright Express Investment providers, Pacific satisfaction and Wright present Global, such as Wright Express Prepaid notes Australian Continent and Wright Express energy Cards Australia. Wright Express and its subsidiaries utilize significantly more than 850 colleagues in six countries. To learn more about Wright Express, please go to wrightexpress.com.
About fast! PayCard
quick! PayCard ended up being created in 2004 and also become concentrated on workplace payroll credit tools since beginning. quick! Paycard’s purpose will be assist our consumers attain a legally compliant 100percent electronic payroll that benefits the company economically, improves the everyday lives of these workers, and creates a very renewable green unit for payroll shipments. For additional information, check out all of our web site at www.rapidpaycard.com.
This pr release includes forward-looking comments, like comments regarding: the company’s goal to go into the home-based, prepaid card industry and increase the cost solutions choices; industry a prepaid payroll goods to their users and prospective customers. Forward-looking comments may be identified by using phrase like “expects,” “may,” “anticipates,” “intends,” “would,” “will,” “plans,” “believes,” “estimates,” “should,” and close keywords and expressions. These forward-looking comments incorporate numerous issues and uncertainties which could bring real results to vary materially, like: the company’s breakdown to successfully incorporate the businesses it’s got obtained; the problems to successfully increase business to their latest number of customers and potential future people; the business’s problems to keep up or restore important contracts; problem to enhance the company’s technical effectiveness and solution products as rapidly due to the fact business’s opponents; the actions of regulating figures, such as financial and securities regulators, or possible alterations in banking and types laws affecting the company’s professional loan lender in addition to providers as corporate parent; the concerns of lawsuit; the results of general business economics on fueling designs plus the industrial activity of fleets and other companies, along with other threats and uncertainties recognized in product 1A of the company’s Annual Report your year finished December 31, 2010, submitted on Form 10-K with the Securities and Exchange percentage on February 28, 2010 together with company’s consequent periodic and present reports. Their forward-looking statements and these issue usually do not mirror the potential future influence of every alliance, merger, acquisition, disposition or stock repurchases. The forward-looking comments talk only at the time of the big date of your press release and excessive reliance shouldn’t be placed on these comments. The organization disclaims any obligation to upgrade any forward-looking comments as a result of latest suggestions, future activities or perhaps.