BTN Europe presents an overview of business travel and MICE predictions for this year
ExCeL London - 24-25 February 2021
Wex will provide a virtual card solution for the 3,000
corporate and travel management company clients of Argo, one of Brazil's
largest online booking tools. Argo clients can apply for a credit limit or a
pre-paid version of Wex's Virtual Card Number solution to pay for hotels,
flights, car rentals and other travel expenses, a Wex spokesperson told BTN. After a travel booker selects Wex
VCN as a payment option on the Argo platform, Wex will issue a VCN.
Wex entered Brazil in 2012 when it acquired a 51
percent stake in Unik. Wex acquired the remaining 49 percent stake in September
2015 and renamed the company Wex Latin America. In 2013, Wex introduced a
virtual card solution for online travel agencies. And this year, it expanded from
the leisure side in South America into the corporate travel side there.
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