Download - vNett – A Virtual Card Platform Presented to the Big League User’s Group 21 September 2011
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vNett A Virtual Card Platform
Presented to the Big League Users Group21 September 2011 Darryl JangSVP, Americas+1 (415) [email protected] eNett International (Jersey) Limited. Confidential and Proprietary
AgendaIntroductionsvNett A Virtual Card PlatformvNett What It Can DoCopyright eNett International (Jersey) Limited. Confidential and Proprietary#2
Launched2011 Revenue2011 TTVClients & Users EmployeesOwnership2005~USD23 Million~USD40 Billion >8,20059
Joint venture between Travelport & PSP International Key FactsCopyright eNett International (Jersey) Limited. All rights reserved.Copyright eNett International (Jersey) Limited. Confidential and Proprietary#3Global Organization
Corporate, Melbourne, AustraliaDevelopment Centre, Melbourne, AustraliaBusiness Development & DeliveryBrisbane, AustraliaBusiness Development & Delivery London, UKData CentreAtlanta, USABusiness Development, Rome, ItalyBusiness Development & DeliverySan Francisco, USACopyright eNett International (Jersey) Limited. All rights reserved.Copyright eNett International (Jersey) Limited. Confidential and Proprietary#4
A powerful payment solution that enables single-use and multi-use MasterCard virtual account numbers to facilitate payments to suppliers
Virtual MasterCard Credit Card
Used for Supplier Payments Air, Car, Hotel Destination Providers, Tours, Attractions And more
Used for Vendor Payments Online Marketing (e.g. Google & Facebook Ads) Phone and Telecommunications And moreCopyright eNett International (Jersey) Limited. Confidential and Proprietary#5
The Benefits
Streamlines Invoicing & Payment
Mitigates Risk
Offers A Revenue Stream
Copyright eNett International (Jersey) Limited. Confidential and Proprietary#6How vNett Works
vNett Virtual LedgerFunds are pre-paid into vNett Virtual Ledger to cover virtual card issuing.
Agent / Consolidator / TMC
Suppliers Merchant BankSupplierTravel Agent Requests Virtual Credit Card13Supplier Paid with Virtual Card4Card Is Processed By SupplierVirtual Credit Card Generated2
5Card Settlement6Rebate Paid MonthlyCopyright eNett International (Jersey) Limited. Confidential and Proprietary#7
Bus Tour
Acquiring Bank
Credit Card Issuer$100$100$100$98$97.50Interchange Fees $ 2.00 Acquirer Fees $ 0.50 Cost of Sale $ 2.50
Agency
Credit Card Revenue ModelCopyright eNett International (Jersey) Limited. Confidential and Proprietary#
Agency
Bus Tour
Acquiring BankCredit Card Issuer$100$100$100$98$97.50
vNett Issues $100 MasterCardPercentage Rebate on InterchangeRevenue StreamvNett Revenue Model$2Copyright eNett International (Jersey) Limited. Confidential and Proprietary#Key FeaturesA Credit Card PaymentPay-As-You-GoIssuing & ActivationAmendments & CancellationsSingle-Use / Multi-Use
PCI ComplianceReporting CapabilitiesMulti CurrencyAUD, EUR, GBP, USDCross Border / Cross Currency
Copyright eNett International (Jersey) Limited. Confidential and Proprietary#10
vNett cant be all things to all people, but we can be many things to many people
vNett canIntroduce a new revenue streamHelp realize operational efficiencyProvide risk mitigationRemove credit challengesEliminate security requirementsRemove costly central bill programsManage future payables
Copyright eNett International (Jersey) Limited. Confidential and Proprietary#11
vNett cant be all things to all people, but we can be many things to many people
vNett can apply towardsBulk purchasesCruiseHotelGroups
Use vNett anywhere you can pay with a credit card
Copyright eNett International (Jersey) Limited. Confidential and Proprietary#12Contact Information
Darryl JangSVP, [email protected]+1 (415) 999-7083Copyright eNett International (Jersey) Limited. Confidential and Proprietary#13