An eNett Virtual Account Number (VAN) is an automatically generated MasterCard number used for supplier payments, and can include payment parameters such as amount, currency, date and merchant, making it a more secure way to pay or be paid.
VANs automate reconciliation, and allow payments from within the workflow through integration -
saving you time and money. With broad local funding and settlement capabilities, coupled with a suite of FX options designed to protect you from currency fluctuations, customers can save up to 2% on each international transaction.
And remember, VANs are accepted wherever a MasterCard is online – that’s over 35.9 million locations worldwide.
Contact us to see what other benefits VANs can bring to your business, or sign-up to experience VANs first hand.