SOUTH PORTLAND — South Portland-based Wright Express has announced that it has acquired rapid! PayCard, a private company that sells systems enabling companies to pay employees with debit cards.

Wright Express CEO Michael Dubyak said the move will allow his company to “jumpstart” its entrance into the market for prepaid payroll products.

Dubyak said he expects rapid! PayCard’s products will be valuable to many of Wright Express’ existing customers.

The primary business of Wright Express is processing automotive fleet fuel purchase transactions and helping customers capture and analyze detailed fuel and maintenance information.

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