The agreement will see IGA, a market leader in publishing and integrating software for the insurance and travel industry, present eNett VANs as part of its full end-to-end travel solution, IGA T-9.
PARIS & SINGAPORE – eNett International, a leading provider of dedicated B2B travel payment solutions, has partnered with software vendor IGA to expand its Virtual Account Numbers (VANs) to IGA’s customer base of over 2000 French travel agents.
The agreement will see IGA, a market leader in publishing and integrating software for the insurance and travel industry, present eNett VANs as part of its full end-to-end travel solution, IGA T-9. IGA’s new and existing customers will now be able to benefit from the lower cost, secure payments enabled by VANs as part of an integrated offering.
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 transaction1, and benefit from automated reconciliation delivering significant efficiency gains.
IGA Sales Director, Jean-Dominique Evain, said, “We are always looking for innovative and effective technology to give our customers a complete, seamless and fully integrated travel solution. VANs provide an easy and secure way to pay suppliers, while at the same time seamlessly integrating into existing workflows. eNett’s specialism in the travel market, and partnership with MasterCard, make it a strong offering to present to French travel agents.”
eNett Managing Director and CEO, Anthony Hynes, said, “I am pleased to be partnering with IGA, and bringing the benefits of VANs to agents of all sizes across France. Fraud is a major concern for agents when it comes to making payments. VANs address this by giving payment control back to the agent through defined booking and payment parameters, significantly reducing the risk of fraud while simplifying the process.”
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She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
