Airline Acceptance of Virtual Cards

January 22, 2020

eNett International is committed to working with our travel agency customers, airlines and other industry stakeholders, to provide payment solutions that benefit all participants in the travel value chain. In the best interests of the travel industry, a focus of eNett is to raise awareness around how all stakeholders in the travel value chain ,including airlines, can benefit from accepting virtual cards as part of their B2B payments and distribution strategy.

In 2019 we continued our drive to raise awareness of the benefits that airlines gain from accepting eNett Virtual Account Numbers (VANs) in the following ways:

• Engaging airlines directly on how virtual card acceptance can benefit their distribution strategy
• Spreading the word at airline industry events including speaking on the B2B payments panel at the ASATA innovation Summit in Johannesburg and engaging at various airline industry conferences including the IATA WFS and AIRS
• Working with ECTAA to include payments as part of their submission to the European Commission

These efforts are beginning to show some real results. eNett has now successfully implemented acceptance agreements with numerous airlines, including Air Canada and United Airlines, with more to follow in 2020. We’ve also supported several of our customers in their discussions with airlines. And we’ve continued to adapt our approach based on customer and market feedback, to ensure the most effective industry discussions can take place.

These efforts will continue in 2020 and more activities are planned to enhance the awareness in the market. . eNett’s CEO and Managing Director, Anthony Hynes, will be participating in a panel discussion about Simplifying B2B payments at the ATPS Airline & Travel B2B Payments Summit Special in London at the end of February.

If you’re interested in learning more about how eNett is tackling the issue of airline acceptance of virtual cards, please reach out to eNett or your account manager directly.

ENDS

About eNett International

We’re B2B payments game changers. Our products are innovative. Our service is fast. Our customers’ transactions are safe. And we’re easy to deal with.

We listen to our customers and fix things that should work better. Our payment solutions provide a better experience and help them grow.

eNett’s Virtual Account Numbers (VANs) allow travel agencies to generate a unique 16-digit Mastercard number used to pay travel suppliers quickly, efficiently and with less risk.  A unique number is used for each booking or payment transaction, so VANs are a secure way to pay and be paid. And they’re welcome anywhere Mastercard is accepted online.

We’re majority owned by Travelport, and our VANs are seamlessly integrated into its Travel Commerce Platform.

Further enhanced by our global banking services partner and shareholder Optal, eNett’s fast, easy and safe payments solutions are solving the payments challenges of leading travel agencies around the globe.

https://www.enett.com/