With the network of business and leisure agencies producing a combined turnover of 1.4 billion euros Manor wanted a solution that would provide a secure and more flexible alternative to credit cards, while delivering greater efficiencies when processing supplier payments via GDS.
PARIS & SINGAPORE – Manor, France’s leading business travel agency network, has partnered with eNett International to expand the use of Virtual Account Numbers (VANs) to its 315 agencies and 1050 associates.
With the network of business and leisure agencies producing a combined turnover of 1.4 billion euros Manor wanted a solution that would provide a secure and more flexible alternative to credit cards, while delivering greater efficiencies when processing supplier payments via GDS.
eNett VANs are unique 16-digit MasterCard numbers generated for each transaction – significantly reducing the risk of fraud and simplifying reconciliation. And with seamless integration with booking platforms, VANs automate payment processing for greater efficiency, as well as returning a rebate on every transaction1.
Manor President, Jean Korcia, said, “By using eNett VANs, our agencies reduce risk from fraud and are protected against supplier default. We are committed to bringing even more value and efficiency to the operations of our agencies. Being able to integrate VANs with their existing payment and booking platforms reduces the burden of manual payment processing, allowing agencies more time to focus on the customer.”
In addition, agents can set payment parameters such as amount, currency, date and merchant, providing greater control over transactions. Protected by the MasterCard Guarantee, eNett VANs also provide charge-back capabilities to ensure agency security, should suppliers default through bankruptcy. This also extends to international transactions, removing the risks for expansion and enabling agents to do business with suppliers all around the world.
eNett Managing Director and CEO, Anthony Hynes, said, “I am pleased to be working with Manor to bring the benefits of VANs to agencies across its network in France. As well as reducing significant risks for Manor agencies, eNett VANs will simplify and automate the supplier payment process. At a time when agency margins are being squeezed from all angles, these benefits, combined with a rebate1, positively impact the bottom line of all our customers.”
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
