Irish travel agents registering on www.enett.com/travelport up to 20th December 2013 will have access to the eNett VANS (Virtual Account Numbers) system free for the first six months – after which it is €10.00 per agency per month.
In Dubllin today for a joint presentation with Travelport Ireland, Brian Staunton, Area Director EMEA, eNett International, gave a comprehensive and clear account of the benefits to agents in using the eNett virtual payments system, which can be summarised under reward, risk and reconciliation.
The virtual credit cards are based on Corporate MasterCard and an agent can opt to use a different credit card number for each transaction or for several. VANS are also available in 28 different currencies – and therefore present a huge opportunity to save on foreign exchange charges.
eNett pays a rebate of €5.00 for every €1,000 paid to suppliers – and there are no mark-ups on cross-border fees. A VAN can be emailed to an overseas supplier in order to save on bank transfer fees. Significant savings can also be made on reconciliation as the time spent on checking monthly statements is eliminated, there being 100% reconciliation as you go.
While major uses of VANS are for paying low-cost carriers and pre-paid hotels, any supplier that accepts MasterCard can be paid – for example, ads on Google or purchasing a computer. Agents can also reduce their IATA bond by switching cash payments to VANS.
eNett VANS are now fully integrated with Travelport GDS systems (Galileo, Worldspan and Apollo) and can also be used with Amadeus or in their own right.