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Moneydirect is recommending the eNett payments platform to its Australian and New Zealand customers

eNett International enters into strategic relationship with Moneydirect

eNett International, a joint venture between Travelport and PSP International, and a leading provider of innovative and integrated payment solutions tailored to meet the needs of the travel industry, announces it has entered into a strategic relationship with Moneydirect, an Amadeus and Sabre joint venture.

Moneydirect, which is closing its global operations, is now recommending the eNett payments platform to its Australian and New Zealand customers, and the two companies are working together to facilitate a seamless transition which is expected to be completed by 30 September 2011.

eNett International managing director and CEO Anthony Hynes said eNett International was pleased to have entered into a strategic relationship with Moneydirect.

“With a substantial client base in Australia and New Zealand already, eNett has the capability and market expertise to seamlessly transition Moneydirect’s customers to its state-of-the-art payments platform,” Hynes said.

eNett International’s innovative and integrated payment solutions include credit card processing, electronic funds transfer processing and the recently launched vNett virtual card solution for supplier payments.

eNett International has agreed to honour for the first 12 months the existing fee structure currently used by Moneydirect customers who are not already using eNett International’s payments platform and the two companies will be jointly contacting customers over the coming weeks.

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Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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