eNett shortlisted for two prestigious payment industry awards
August 16, 2016
eNett International, a leading provider of B2B payment solutions, has been shortlisted in two industry awards: the Payments Awards and the Emerging Payments Awards.
eNett has been recognised by the Emerging Payments Awards for creating a bespoke payment solution designed for unique challenges of B2B supplier payments in the travel industry. eNett Virtual Account Numbers (VANs) will be contending the Best Online Payments Solution category, and is the second year in a row eNett has been shortlisted for an award.
In recognition of challenging the status quo in B2B travel payments, eNett Managing Director and CEO Anthony Hynes has been shortlisted by the Payments Awards in the Payments Pioneer category. Frustrated by antiquated commercial systems, Anthony has been instrumental in bringing innovations that have become expected from consumer payments into the B2B arena. An original founder of eNett International, Anthony conceived the unique business structure behind eNett, which today can reduce the cost of payment for over 80% of the total global travel spend1.
eNett Managing Director and CEO, Anthony Hynes, said, “It’s an honour to be shortlisted by industry experts from two different award organisations. eNett VANs were born out of desire to eliminate complexity, and simplify payments. We continue to evolve our offering, and are committed to bringing the frictionless payments experience currently seen in the consumer space to B2B payments. The nominations are testament to the hard work of the global eNett team, who are already reaching new milestones in 2016.”
An eNett VAN is an automatically generated MasterCard number used for supplier payments. It delivers reduced risk from fraud and supplier default, automated payments and reconciliation, and value back through rebates. eNett is uniquely positioned to offer these benefits to all travel companies regardless of size or booking platform used, and seamlessly integrates with all major industry booking tools. Today, VANs can be generated in over 30 currencies, and support transactions in over 100 currencies.
The Emerging Payments Awards 2016 will take place on Wednesday 12 October in London, with the Payments Awards taking place on Thursday 20 October.
1. eNett analysis of global travel spend