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 User’s Group 21 September 2011 . Darryl Jang SVP, Americas +1 (415) 999-7083 [email protected]. Agenda. Introductions vNett – A Virtual Card Platform vNett – What It Can Do. Key Facts. Launched 2011 Revenue 2011 TTV - PowerPoint PPT Presentation

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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