MasterCard and eNett partner up
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MasterCard Worldwide and eNett International have signed a partnership agreement to offer payment and reconciliation tools for the travel industry.
The deal pushes further use of eNett’s Virtual Account Numbers (VANs) and will last five years.
“Our businesses are well aligned.The innovation borne out of eNett’s agility and technical capabilities, combined with MasterCard’s network and enablement functions, will provide substantial benefits for the global travel industry,” said Hany Fam, president of strategic alliances at MasterCard.
“At a time when the pressure is on to cut costs and increase revenue, new and innovative payment technology like eNett VANs will not only enable agents to focus on revenue generation rather than admin, they will reduce risk and help businesses to get much more out of the valuable data that is in their possession,” he added.
