PARIS & SINGAPORE, 9 APRIL 2015: eNett International, a leading provider of dedicated B2B travel payment solutions, has partnered with software vendor IGA to expand its Virtual Account Numbers (VANs) to IGA’s customer base of over 2000 French travel agents.
The agreement will see IGA, a market leader in publishing and integrating software for the insurance and travel industry, present eNett VANs as part of its full end-to-end travel solution, IGA T-9. IGA’s new and existing customers will now be able to benefit from the lower cost, secure payments enabled by VANs as part of an integrated offering.
A VAN is an automatically generated MasterCard number used for supplier payments and can include payment parameters such as amount, currency, date and merchant, making it a more secure way to pay or be paid. Backed by the MasterCard guarantee and generating unique numbers for each transaction, eNett VANs provide protection against fraud and supplier default. Agents can also earn a rebate for every transaction1, and benefit from automated reconciliation delivering significant efficiency gains.
IGA Sales Director, Jean-Dominique Evain, said, “We are always looking for innovative and effective technology to give our customers a complete, seamless and fully integrated travel solution. VANs provide an easy and secure way to pay suppliers, while at the same time seamlessly integrating into existing workflows. eNett’s specialism in the travel market, and partnership with MasterCard, make it a strong offering to present to French travel agents.”
eNett Managing Director and CEO, Anthony Hynes, said, “I am pleased to be partnering with IGA, and bringing the benefits of VANs to agents of all sizes across France. Fraud is a major concern for agents when it comes to making payments. VANs address this by giving payment control back to the agent through defined booking and payment parameters, significantly reducing the risk of fraud while simplifying the process.”
1. Terms and conditions apply
About eNett International
eNett International simplifies the complexities of payments by connecting travel industry specialism with payments expertise.
We pioneer innovative B2B payment solutions that reduce risk and facilitate even more travel content, at a lower cost. Easily integrated into existing travel booking workflows, our payment solutions deliver financial, data and efficiency rewards for travel agents and industry suppliers.
Our secure Virtual Account Numbers (VANs) enable travel agencies of all sizes to automatically generate a unique MasterCard number and pay their suppliers from directly within their booking flow. And our exclusive, long-term partnership with MasterCard provides access to the world’s fastest payments processing network and 35.9 million payment locations worldwide, wherever a supplier accepts MasterCard online.
We are majority owned by Travelport, which is listed on the New York Stock Exchange, and our VANs are seamlessly integrated into its Travel Commerce Platform.
Further strengthened by our global banking services partner and shareholder Optal, eNett is building a reputation for trusted and practical B2B payment solutions for the travel industry and beyond.
Publisher and integrator of software for the insurance and travel industry, IGA group has been a major player on those markets for 30 years with more than 2000 customers and 13.000 users.
IGA managed to become a reference partner for its clients knowing how to answer their stakes and business requirements. The performance of IGA’s solutions relies on two expertise:
- Technological know-how via the use of new web technologies (java, cloud, SOA).
- Business competencies through our experienced consultants, the exploitation of the best practices acquired on our historical solutions and our business process outsourcing services where we are directly facing our customers’ issues on productivity and competitiveness.
The main advantages of IGA’s solutions:
- Ergonomic interface and full web technologies.
- Innovative architecture based on web-services (SOA).
- Tailor-made solutions according to the needs.
- Available in SaaS / Cloud.