October 24, 2016
Travelport Austria and eNett International today announce that Österreichische Verkehrsbüro has selected eNett Virtual Account Numbers for secure, efficient payments. One of the leaders in Austria’s domestic travel industry, Österreichische Verkehrsbüro will now replace physical cards with Virtual Account Numbers (VANs) across its branch network of 118 travel agencies.
As the largest chain of leisure and business travel agencies in Austria, Österreichische Verkehrsbüro deals with a high volume of bookings. Finding a lot of agent’s time was being spent on processing and reconciling transactions manually, Österreichische Verkehrsbüro wanted a solution that would automate the payments process, while reducing risk. Working with Travelport Austria, Österreichische Verkehrsbüro selected eNett VANs.
An eNett VAN is a unique 16-digit MasterCard number generated for each individual transaction, with user defined payment parameters – providing a low cost and secure alternative to physical card. As VANs seamlessly integrate with all leading GDSs through a simple API, Österreichische Verkehrsbüro’s agents will be able to make payments through the booking workflow, increasing efficiency. Added to the automated reconciliation and rebate on every transaction1, this will generate significant time and cost savings for the company.
Helmut Richter, member of the extended management team at Österreichische Verkehrsbüro, said, “As a chain of travel agencies with very high booking traffic, in particular in the sensitive business travel sector, our objective is to remove the risk for us and our customers as much as possible. In addition, we are focussed on increasing efficiency, automating processes wherever possible. Working with Travelport and eNett enables us to meet both those objectives.”
With a shared interest in providing a more secure and efficient supplier payment solution, Travelport Austria and eNett have partnered together to bring innovative payment solutions to the Austrian travel market. Österreichische Verkehrsbüro is the first customer resulting from the partnership.
“eNett VANs minimise the risk of fraud by eliminating the need for a physical card altogether,” explains Travelport Austria Managing Director Rudolf Mertl. “We are operating in a dynamic market that demands flexible solutions, and by being able to integrate with all GDS platforms, VANs bring new levels of payments efficiency. This saves valuable time and resources which can be better spent growing the business. We look forward to bringing the benefits of VANs to more travel companies in Austria.”
eNett Managing Director and CEO Anthony Hynes said, “eNett is dedicated to eliminating the painpoints of B2B supplier payments for travel companies around the world. Partnering with Travelport Austria means we can offer Austrian travel agents an innovative lower cost alternative to outdated traditional payment methods, and make a real difference to their bottom line.”
Each VAN is protected under the MasterCard guarantee, which includes sophisticated chargeback capabilities for protection in the event of supplier default. To find out more about VANs and the benefits they can bring to your company contact the Travelport Austria Sales Team for more information.
1. VANs terms and conditions apply