eNett

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.