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HitchHiker enhances payment security with eNett VANs

09-26-2014 08:10 PM CET | IT, New Media & Software

Press release from: HitchHiker GmbH

HitchHiker GmbH

HitchHiker GmbH

HitchHiker, the Travel Software Company based in Frankfurt am Main, improves its flight booking engines and ticket automation solution by offering seamless supplier payments through eNett Virtual Account Numbers (VANs).

To provide the most efficient and secure way of supplier payments to its users in more than 50 countries worldwide, HitchHiker - PCI-DSS approved since 2013 - has teamed up with eNett International, a global provider of dedicated payment solutions for the travel industry.

The eNett Payments Platform automatically generates a unique MasterCard VAN for each payment transaction or booking. As long as a supplier accepts MasterCard, it will accept a VAN. Under the MasterCard guarantee, VANs reduce the risk of losses due to fraud and supplier default (e.g. bankruptcy of an airline).

In addition to increased security, VAN payments cut time and save money for all parties involved in processing supplier payments. Each VAN transaction is automatically reconciled in real time, by matching each booking with its corresponding virtual card number. Detailed reports can also be generated, providing transparency for each payment.

About HitchHiker GmbH (www.hitchhiker.net)

Working as an independent software company since 1992, HitchHiker has been successfully developing software solutions for airlines, consolidators, online portals, travel agencies and tour operators.

With over 20 years of experience in the tourism industry and numerous international projects, we have developed solutions for the entire chain of the flight tariff management process as well as numerous, powerful booking applications for all types of flights and touristic services.

For the development of its solutions HitchHiker trusts in industry standards such as the Microsoft technology. Since 2006 HitchHiker is a Microsoft Gold Certified Partner and since 2013 PCI-DSS certified by Acertigo (TÜV-Süd).

About eNett International (www.enett.com)

eNett International is a global provider of payment solutions tailored to the travel industry. Majority owned by Travelport – a travel commerce marketplace providing distribution, technology, payment and other solutions – and PSP International, eNett uniquely connects the travel industry with payments expertise to offer an innovative payments platform that reduces risk, improves reconciliation and delivers financial, data and efficiency rewards.

eNett's core offering is a Virtual Account Number (VAN) payment solution that automatically generates unique MasterCard numbers used to facilitate global payments between travel agencies and travel providers. Its exclusive, long-term partnership with MasterCard provides access to the world’s fastest payments processing network and more than 35.9 million locations worldwide.

HitchHiker press contact:

Uta Will
Marketing & Presse
HitchHiker GmbH
Berner Straße 81
60437 Frankfurt am Main
T + 49 (69) 50 70 3 0
F + 49 (69) 50 70 3 111
E marketing@hitchhiker.net
I www.hitchhiker.net

eNett media contact:

Ping Chew
Communications Manager
eNett International
W. www.enett.com
E. ping.chew@enett.com
D. +61 477 603 183

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