iAlbatros Enhances Corporate Customer Service VANs

October 1, 2014

1 Oct 2014: An eNett Virtual Account Number (VAN) is a unique 16-digit MasterCard number automatically generated at each booking, making it a highly secure way of paying suppliers.

iAlbatros has a significant presence in the French corporate market and a unique business model. Its online hotel platform is customised to meet the needs of customers across the entire process chain: from hotel choice, price analysis and authorisation; to cost control.
Founder and CEO of iAlbatros, Moncef Khanfir, said that with 200,000 hotels in their inventory, corporate travellers had the benefit of a wide range of wholesale-rate prices without the high cost of using middlemen to make the bookings.
The technology goes beyond a simple hotel search engine. It is an intelligent platform using advanced database search and analysis, adapting each search to the customer’s unique preferences.
Our corporate clients like giving the control of the selection process to their staff, while retaining central control over authorisation and costs, he said.
This is where eNett VANs come into the picture, simplifying monthly invoicing for iAlbatros and further improving control.
During the booking process, the corporate traveller uses the iAlbatros booking tool, while an eNett VAN is used to pay the supplier.
VANs are seamlessly integrated, capturing all booking details for easy reconciliation.
Everything is very transparent. Each booking payment and invoice can be easily matched so there is no room for error, said Mr Khanfir, who added that VAN payments can also be settled in local currencies, eliminating the extra cost of having to pay foreign exchange rates.
eNett Managing Director and CEO, Anthony Hynes, said:  I’m delighted that eNett is contributing to the success of iAlbatros by reducing manual processing, improving the accuracy of monthly invoicing and enhancing their customer service.
About eNett International 
eNett International is a global provider of payment solutions tailored to the travel industry.  Majority owned by Travelport a travel commerce marketplace providing distribution, technology, payment and other solutions and PSP International, eNett uniquely connects the travel industry with payments expertise to offer an innovative payments platform that reduces risk, improves reconciliation and delivers financial, data and efficiency rewards.
eNett's core offering is a Virtual Account Number (VAN) payment solution that automatically generates unique MasterCard numbers used to facilitate global payments between travel agencies and travel providers. Its exclusive, long-term partnership with MasterCard provides access to the world’s fastest payments processing network and more than 35.9 million locations worldwide.

More Press Releases

08 March 2018

Making raising chargebacks faster and easier

We're constantly reviewing our processes and making they easier, faster and safer for our customers

Read more

21 February 2018

Fraud costs travel intermediaries a whopping US$21 billion

We commissioned a new global study into fraud in travel payments. It showed travel companies are being highly targeted by fraud, with the total impact of fraud currently costing travel intermediaries nearly US$21B. The research predicts this could exceed US$25B by 2020.

Read more

13 February 2018

eNett International wins Best Digital Payments Programme at the Card & Payments Awards 2018

eNett Virtual Account Numbers scooped Best Alternative or Digital Payments Programme at the prestigious Card & Payments Awards 2018.

Read more

03 January 2018

Record-breaking year for eNett award wins

eNett International, a leading provider of B2B payment solutions for the travel industry, took home eight awards in 2017. These included four International Business Awards, two Global Business Excellence Awards, an International CSR Excellence Award and a TravelMole Award.

Read more

20 November 2017

eNett exceeds its fundraising target for Mellon Educate’s ‘Building Blitz’

eNett International, a leading provider of dedicated B2B payment solutions, exceeds its fundraising target for Mellon Educate’s ‘Building Blitz’ in South Africa. This is part of its “Repay the eNett Way” annual CSR initiative.

Read more

31 October 2017

A look back at ITB Asia 2017

eNett had its biggest ever presence at ITB Asia. Here are the highlights in pictures.

Read more

27 October 2017

eNett voted Best Travel Payment Solution Provider at Travelmole Awards 2017

eNett International wins Best Travel Payment Solution Provider at the Travelmole Awards for the second year. The TravelMole awards are the main award event for the Asia Pacific travel industry to recognise the best web, social, mobile and travel technology deployments.

Read more

26 October 2017

User Interface upgrades coming soon

We’ve been busy building an updated UI to make visibility of your VANs clearer than ever.

Read more

16 October 2017

New self-help portal coming soon....

We're enhancing the eNett Payments Portal so you can make changes fast and easy

Read more