The partnership has enabled eNett VANs to be integrated into ViaXoft’s ViaXeo software, enabling agents to make multiple bookings and payments seamlessly through a single interface – delivering significant efficiency gains.
SINGAPORE – ViaXoft, a software and services company, has partnered with eNett international to offer payments using Virtual Account Numbers (VANs) to ViaXoft’s customers, as part of their end-to-end automated booking workflow.
The partnership has enabled eNett VANs to be integrated into ViaXoft’s ViaXeo software, enabling agents to make multiple bookings and payments seamlessly through a single interface – delivering significant efficiency gains. As part of the integrated offering, ViaXoft’s new and existing customers will also benefit from lower cost and reduced risk when paying by eNett VANs.
A VAN is an automatically generated MasterCard number used for supplier payments and can include payment parameters such as amount, currency, date and merchant, making it a more secure way to pay or be paid. Backed by the MasterCard guarantee and generating unique numbers for each transaction, eNett VANs provide protection against fraud and supplier default. Agents can also earn a rebate for every transaction, and benefit from automated reconciliation streamlining the payments process.
ViaXoft Associate Director, Karine Mazet, said, “We only offer our customers innovative solutions which bring real value to their business. VANs do just that, making supplier payments simpler, safer and more efficient. By integrating into our automated booking workflow, it also means fewer processing errors and immediate booking confirmation. Adding this capability to ViaXeo further strengthens our customer value proposition.”
One ViaXoft customer who is already experiencing the benefits of paying with VANs is Frequent Flyer Travel Paris. The founder, Marc Leidelinger, said, “Previously we used our company credit card to pay suppliers, which left us vulnerable to fraud. By opting for VANs through the ViaXeo solution we were able to minimise the risk from fraud, as well as increasing efficiency through automated reconciliation. I would estimate our accounting team has saved four man-hours for every 100,000 Euros transacted.”
eNett Managing Director and CEO, Anthony Hynes, said, “I am pleased to be partnering with ViaXoft, and extending the benefits of VANs to its customers. The estimated US$1.5 billion annual cost of manual reconciliation2 makes efficient payment automation critical. This is why we offer seamless integration of our VAN solution into the workflow.”
VANs reduce this risk of fraud and misuse by eliminating the need for a physical card altogether, generating a unique 16-digit MasterCard number for each transaction.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
