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“Phenomenal” interest in eNett VAN: CEO


Payment solution ready to be rolled out across many more markets next year

Looking to provide more relevant – and simple – payment solutions to travel agencies and suppliers, eNett International’s virtual account number (VAN) payment functionality into Travelport points of sale has proven successful, says chief executive and managing director, Anthony Hynes.

 

Now fully integrated with the Travelport Smartpoint desktop and other key Travelport desktops, VAN ultimately aims to reduce handling times for travel professionals as well as protect agents from supplier default and fraud, the last two “a major concern” for the industry, according to Mr Hynes. 

 

With this in mind, perhaps it is not surprising that 69 percent of agents said at Travelport’s Middle East e-volve Summit this week, that although they don’t currently support VANs, they have plans to do so in the next 12 months.

 

Since the release of the latest version of Travelport Smartpoint on 26 November, eNett has held events in the Netherlands, Ireland, Hong Kong and the UAE.

 

“We have had a phenomenal level of interest in these initial markets,” said Mr Hynes.

 

“Unlike other virtual card programs, eNett VANs are available to agencies of all sizes and the Travelport integration creates even more efficiencies for them all.

 

“We’re now looking forward to rolling this out across many more markets next year.”

 

In addition to other benefits such as lower cost foreign exchange, agents that sign up through Travelport will receive a rebate for every transaction made using a VAN to pay.

 

eNett International is a joint venture of Travelport and PSP International.

 

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Written by: Mark Harada
Published: 18 December 2013


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