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Awesome travel supplier payments

Making payments to suppliers doesn’t have to be laborious. VANs integrate into your existing workflows, to make the process faster and easier.

Through automated reconciliation, VANs generate significant efficiency gains, saving you time and money. In addition to earning a rebate on every transaction*, you can save up to 3% on international payments through a range of FX options.
eNett can support travel businesses in more than 70 countries and generate VANs in over 30 currencies. Ready to get started? We can get you up and running within days.

*VANs terms and conditions apply

What are VANs?

A Virtual Account Number, or VAN, is an automatically generated 16-digit Mastercard number for fast, easy, safe travel supplier payments.

A unique number is used for each new booking or payment transaction. Making VANs a secure way to pay or be paid. VANs allow payments and bookings from the same workflow, seamlessly integrated into all booking platforms. And they’re accepted anywhere Mastercard is accepted online.

What's the advantage?

Fast, easy and safe payment services. Access to more travel content. eNett VANs provide better travel payment solutions so you can serve your customers. Better.

For travel suppliers, VANs give immediate, guaranteed payments. All while offering access to a wider agency network, worldwide.

Pay airline, hotel, car rental and other suppliers within your existing booking flows. Your payments process is faster and lower cost with VANs. And, backed by the Mastercard guarantee including sophisticated chargeback capabilities, VANs protect against fraud and supplier default offering you safe payment services.

Guaranteed payments for travel suppliers. Fast.

You know how much payment delays cost your business. With eNett VANs, you’re paid instantly. And it’s guaranteed.

Immediate payment allows travel companies to take up your dynamic and net rate offers. And because we get agents up and running in days, you access a wider network of agencies across the globe. Better still, you don’t have to change any existing process. VANs are processed exactly like a normal card payment. The only difference is there’s less chance of card fraud. Safer all round.

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eNett. B2B payment game changers.

We simplify the complexities of business-to-business payments. Combining decades of payment expertise with in-depth travel industry knowledge, we develop innovative, accessible and secure online B2B payment solutions that reduce risk and drive more travel content. Fast, easy and safe business payment solutions mean you spend less time on payments. And more time with customers. Driving revenue, and better business performance.

 

Media Centre.

The latest news, blog and social media posts.

Latest Press Release

31 Oct 2017
A look back at ITB Asia 2017
As ITB Asia 2017 draws to a close, here are a few highlights of the show:

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Latest Blog Post

16 Nov 2017
Tackling Fraud in the Travel Industry
This week is International Fraud Awareness Week, an initiative designed to highlight the impact fraud has on society and boost awareness and understanding of how to spot and prevent fraudsters. And with fraud on the rise, it’s never been more relevant. The travel industry in particular suffers from high levels of fraud, with online bookings through agency sites having the biggest rate of fraud1. The International Airport Transport Association (IATA), a trade association of the world’s airlines, estimates that fraud is costing airlines up to $1 billion a year2 and the Association of British Travel Agents (ABTA) reports that travel fraud is up 425% year-on-year3. By definition, the travel industry involves large volumes of payments, with multiple consumers and suppliers across many different countries using a plethora of booking and payment systems. With billions of transactions a year, it’s not surprising that fraud is a top pain point for travel companies. Global travel market research company, Phocuswright, found that fraud was the biggest concern amongst travel firms, with 40% stating that credit card fraud and supplier default are their biggest challenges4. The problem is so engrained in the industry that travel agencies now set aside 1-2% of their revenue into managing fraud5. In an industry where margins are already tight, it’s still a substantial cost. But with today’s advanced payment solutions, minimising the risk of fraud is as simple as changing the way you pay suppliers.  Virtual Account Numbers (VANs) are increasingly popular with travel businesses. A key draw is the increased protection they offer from fraud. Instead of a single physical card number, a digital 16-digit Mastercard number is generated uniquely for each individual transaction, making it a safer way to pay suppliers. A wide number of payment parameters can also be added for greater control, including restricting the VAN by merchant category code. And with chargeback capabilities, VANs also provide protection in the event of supplier default. It’s a digital solution to minimise the risks of fraud and improve recovery. Consumer demand for travel to exotic locations and customised trips organised through different suppliers will continue to grow. The travel industry will also continue to be a target for fraudsters given the vast number of transactions made in different currencies and to far-reaching corners of the globe. VANs provide travel companies with a way of minimising fraud, as well as being a fast, easy and safe payment method for transacting with suppliers and protecting customers. For more information go to www.enett.com 

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eNett Offices

Singapore - Corporate Office
38 Beach Road,
Level 30, South Beach Tower
Singapore 189767

Singapore - Registered Office
8 Marina Boulevard #05-02
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