eNett Int. expands Australian operations with new officeoffice
April 20, 2016
Singapore, 20 April: eNett International, a global provider of innovative B2B payment solutions, has expanded its operations in Australia, moving into high-tech offices in Melbourne’s central business district. Leading the charge for dynamic solutions to B2B payment problems, eNett has been a key player in promoting alternative payments and bringing the Fintech revolution to B2B.
Since its inception in 2009, eNett has sustained impressive year-on-year growth – revenue was up 36% last year1. Aligned with the growing customer base in EMEA, the company opened a new office in Paddington, London, in July 2014. Today eNett has more than 120 employees worldwide, and continues to on-board new talent in all of its major hubs including Australia, UK and Singapore.
Inspired by eNett CEO’s mantra of “change is the only constant”, Melbourne’s ultramodern office space has been designed to stimulate innovative thinking. “We pride ourselves on doing things differently, using technology to challenge the status quo, said eNett’s Managing Director and CEO, Anthony Hynes. “Our mission has always been to make payments simple, easy and streamlined for our customers. The need for bigger offices illustrates the journey we’ve taken from start-up to leader in B2B payment solutions, and the momentum continues to grow”, he added.
For the travel industry, eNett developed Virtual Account Numbers (VANs) – unique 16 digit MasterCard numbers travel agencies can use to pay suppliers. Seamless integration with the leading booking platforms means travel agencies can pay suppliers within their booking flow, for greater efficiency. And its broad range of currencies and FX options gives agencies low-cost access to international markets.
1. Travelport Worldwide Limited Fourth Quarter and Full Year 2015 Results.
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.