Manor Uses eNett VANs as its Preferred Method of Payments
January 6, 2016
Paris & Singapore, 6 January 2016: Manor, France’s leading business travel agency network, has partnered with eNett International to expand the use of Virtual Account Numbers (VANs) to its 315 agencies and 1050 associates.
With the network of business and leisure agencies producing a combined turnover of €1.4 billion, Manor wanted a solution that would provide a secure and more flexible alternative to credit cards, while delivering greater efficiencies when processing supplier payments via GDS.
eNett VANs are unique 16-digit MasterCard numbers generated for each transaction - significantly reducing the risk of fraud and simplifying reconciliation. And with seamless integration with booking platforms, VANs automate payment processing for greater efficiency, as well as returning a rebate on every transaction1.
Manor President, Jean Korcia, said, “By using eNett VANs, our agencies reduce risk from fraud and are protected against supplier default. We are committed to bringing even more value and efficiency to the operations of our agencies. Being able to integrate VANs with their existing payment and booking platforms reduces the burden of manual payment processing, allowing agencies more time to focus on the customer.”
In addition, agents can set payment parameters such as amount, currency, date and merchant, providing greater control over transactions. Protected by the MasterCard Guarantee, eNett VANs also provide charge-back capabilities to ensure agency security, should suppliers default through bankruptcy. This also extends to international transactions, removing the risks for expansion and enabling agents to do business with suppliers all around the world.
eNett Managing Director and CEO, Anthony Hynes, said, “We are pleased to be working with Manor to bring the benefits of VANs to agencies across its network in France. As well as reducing significant risks for Manor agencies, eNett VANs simplify and automate the supplier payment process. At a time when agency margins are being squeezed from all angles, these benefits, combined with a rebate1, positively impact the bottom line of all our customers.”
1. eNett VANs 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.
Manor is a network of 315 travel agencies with 1050 associates. Split 70% corporate and 30% leisure, it has a turnover of over 1.4 billion euros. It is the leading business travel network in France.