SINGAPORE 13 AUGUST 2015: eNett International, a leading provider of B2B payment solutions, has been shortlisted for three categories in the prestigious Emerging Payments Awards 2015. The awards recognise the best people, programmes and innovations in the global payment’s industry, judged by a team of independent industry experts with 2015 seeing the biggest number of entrants to date.
eNett will be contending the Best Payment Technological Innovation award for its Virtual Account Numbers (VANs), and Leading Emerging Payments Organisation award in recognition of its phenomenal growth and leadership in secure B2B payments since launching VANs in 2011. eNett Managing Director and CEO, Anthony Hynes, is one of four names shortlisted as Emerging Payments Entrepreneur of the Year for his record of payments entrepreneurship spanning over 15 years. One of the original founders of eNett International, Anthony was instrumental in conceiving the unique business structure which makes VANs disruptive in the B2B payments industry.
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. Today, customers in 71 countries use VANs to facilitate supplier payments globally.
eNett Managing Director and CEO, Anthony Hynes, said, “I am honoured that eNett’s contribution to the payments landscape has been recognised by the Emerging Payments Awards, and its panel of independent experts. Being shortlisted for three categories including Leading Emerging Payments Organisation is testament to the speed of our growth, and the strength of eNett to bring real world solutions to address pain points in today’s B2B payments landscape.”
The 8th Annual Emerging Payments Awards will take place on Thursday 15 October at the Lancaster hotel, London and will bring together 600 payment industry professionals to celebrate achievement in the emerging payments industry.
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.