vNett is a payment solution that enables virtual, one time use account numbers to be processed via the MasterCard and/or UATP schemes. vNett is a safe, cost effective means of paying your suppliers, whether they are around the corner or across the globe and will significantly reduce your accounts resource requirements.
Benefits of the vNett solution:
- Streamlines the accounts payable function.
- Simplifies settlements.
- Reduces risk arising from service default for you and your customers.
- Delivers comprehensive web-based reporting on all transactions in real-time.
- Lowers costs of international payments via real-time foreign exchange.