Flight Centre is to use Virtual Account Number (VAN) payment solutions tailored to the travel industry, in partnership with provider eNett.
The Australian Securities Exchange listed agency group will utilise eNett VANs for some international supplier payments.
This is an expansion of a partnership established in 2011 when Flight Centre selected eNett – majority owned by Travelport – to provide an automated credit and debit card payment processing solution.
Under the deal, Flight Centre staff will be able to make domestic and international payments with eNett VANs from any of Flight Centre’s global locations.
A VAN is a unique 16-digit MasterCard number automatically generated against defined booking and payment parameters for each transaction, making it secure for payments.
VANs can be generated to make supplier payments across 27 currencies, 15 with local settlement capabilities, through integration with the Travelport Travel Commerce Platform.
Anthony Hynes, chief executive and managing director of eNett said: “Our local settlement capabilities, which is one of the broadest in the industry, will provide Flight Centre the most cost-effective solution of managing international payments.”
“The relationship of our two organisations with Travelport will also enhance connectivity in creating more efficiencies and integration for Flight Centre.”
Richard Humphreys, global treasurer of Flight Centre added: “We look forward to expanding our relationship with eNett and see great potential for the use of VANs across our business.”