Wright Present Acquires quick! PayCard, A Residential Prepaid Payroll Card Carrier


Wright Present Acquires quick! PayCard, A Residential Prepaid Payroll Card Carrier

SOUTHERN AREA PORTLAND, Maine–( COMPANY LINE )–Wright Express business (NYSE: WXS), the leading international carrier of fees operating and details administration solutions, nowadays established it features obtained the possessions of fast! PayCard, a privately presented company of payroll debit notes, e-paystubs and e-W2s in an all earnings deal that includes extra considerations for performance goals. quick! PayCard is an emerging supplier of prepaid items centering on small and mid-sized companies.

“While rapid! PayCard is currently a niche member, this exchange presents an important action for Wright present since it allows united states to jump start our very own entrances in to the domestic prepaid marketplace and broadens all of our fees assistance offerings. With over 285,000 businesses that we solution directly or through couples, we believe the verticals tend to be, quite often, primary applicants for a prepaid payroll product. This with the degree of powerful customer happiness across our very own downloaded base produces all of us with a chance to offering a payroll goods to latest and future subscribers,” said Michael Dubyak, president and chief executive officer of Wright Express. “rapid! PayCard enjoys stronger go-to-market capability in the payroll sector, also expertise into the deals process, boss demands, essential properties and greatest methods. In addition, the business’s concentrate on support service and tuition normally complements Wright Express’ business community.”

About Wright Present

Wright Express are a leading carrier of value-based, company payment running and suggestions administration assistance. Their fleet, corporate, and prepaid installment solutions supply their over 350,000 subscribers with unrivaled safety and controls across a wide spectral range of companies areas. The business’s subsidiaries integrate Wright present Investment treatments, Pacific satisfaction and Wright Express International, like Wright Express Prepaid notes Australia and Wright present energy Cards Australia. Wright Express and its particular subsidiaries employ significantly more than 850 acquaintances in six countries. To find out more about Wright present, kindly visit wrightexpress.com.

About quick! PayCard

fast! PayCard ended up being established in 2004 and contains started focused on manager payroll credit software since beginning. rapid! Paycard’s goal is assist our very own customers attain a legally certified 100percent digital payroll that benefits the business financially, enhances the life regarding staff members, and helps to create a very sustainable environmental model for payroll distribution. For additional information, head to our websites at www.rapidpaycard.com.

This pr release consists of forward-looking comments, including statements relating to: the firm’s objective to get in the home-based, prepaid credit card market and broaden their installment options products; marketplace a prepaid payroll product to its users and prospects. Forward-looking comments may be identified by using phrase including “expects,” “may,” “anticipates,” “intends,” “would,” “will,” “plans,” “believes,” “estimates,” “need,” and similar words and expressions. These forward-looking comments integrate numerous dangers and concerns might result in real leads to differ materially, like: the firm’s troubles to successfully incorporate the businesses it offers obtained; the failure to effectively broaden businesses to the present customers and upcoming clients; the company’s failure to keep or renew key agreements; breakdown to expand the company’s technological capability and solution offerings because fast as company’s opposition; the actions of regulatory systems, including lender and securities regulators, or possible alterations in financial and types rules affecting their manufacturing financing bank therefore the business because corporate mother; the concerns of lawsuit; the effects of basic business economics on fueling designs plus the industrial task of fleets also enterprises, as well as other threats and concerns recognized in Item 1A in the company’s yearly Report when it comes to year finished December 31, 2010, recorded on Form 10-K using Securities and Exchange fee on March 28, 2010 therefore the businesses consequent periodic and present reports. The business’s forward-looking statements that issues don’t mirror the possibility future impact of every alliance, merger, exchange, personality or stock repurchases. The forward-looking statements talk best at the time of the date for this press release and unnecessary https://loansolution.com/title-loans-nv/ dependence really should not be placed on these comments. The company disclaims any obligation to update any forward-looking comments as a result of newer info, potential events or else.

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