Overview

eNett

Information by Research Trustfinance

https://www.wexinc.com/travel/

Founded as a joint venture with Travelport as the majority owner, eNett became a leader in the travel payments space. The company's core offering was its Virtual Account Number (VAN) technology, which allowed travel agencies and tour operators to generate unique, single-use Mastercard numbers to pay suppliers like hotels and airlines securely. This process simplified payment reconciliation, reduced fraud, and improved cash flow for its clients. In December 2020, WEX Inc., a leading financial technology service provider, completed its acquisition of eNett and Optal. The eNett brand and its technology have since been fully integrated into the WEX Travel payments platform.

Founded in
Singapore

Singapore


Industry

    Financial

  • PSP GatewayPRIMARY
  • Other Service
  • Payment