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Canada Business News and Press Releases
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(EMAILWIRE.COM, October 12, 2011 ) Toronto, ON -- eNett International, a Travelport joint venture and a leading provider of innovative and integrated payment solutions tailored to meet the needs of the travel industry, today announces it has entered into an agreement with UseMyServices to integrate its vNett virtual card solution with UseMyCard, the powerful e commerce payment solution that leverages the global acceptance of credit cards.
Consumers without credit cards, or those who choose not to use their credit cards for e commerce, can instantly purchase a virtual UseMyCard Travel MasterCard for the exact amount needed to complete the electronic transaction using funds from their online bank. Unlike paying with a traditional card, the vNett virtual card solution generates a 16-digit MasterCard virtual account number for each transaction, eliminating the possibility of misuse.
Brian Crozier, global business development, UseMyServices commented, "UseMyCard is a safe, cost effective and efficient means for e commerce merchants to accept more volume through their existing card processors. The UseMyCard Travel MasterCard is currently in beta and will be presented at the upcoming Airline and Travel Payments Summit being held in Toronto on 12-13 October 2011, with plans to go live during the first quarter of 2012."
"We are pleased to have been selected by UseMyServices as their preferred virtual card payments provider," said Darryl Jang, senior vice president, Business Development, eNett International. "UseMyCard is the first online consumer facing service to utilize vNettÂ’s new functionality, enabling payments to be made in multiple currencies," he added.
Joseph Iuso, CEO/CTO, UseMyServices concluded, "We look forward to working with eNett International to build a strong global track record in the travel industry, by issuing virtual cards to deliver instant account settlement.”
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About eNett International (www.enett.com)
eNett International is a leading provider of innovative and integrated payment solutions tailored to meet the needs of the travel industry, whose payment solutions include:
• credit card processing;
• electronic funds transfer processing;
• merchant services; and
• issuing of virtual account numbers for instant account payments.
These solutions are offered via web-based technology and can be accessed as an independent system or integrated with a multitude of accounts payable/receivable systems.
A key component of eNett InternationalÂ’s offering is the central collection of data relating to payments, delivering process efficiencies, cost reductions and increased distribution across the travel value chain.
eNett International is a joint venture company between Travelport, a broad-based business services company and a leading provider of critical transaction processing solutions to companies operating in the global travel industry; and PSP International, a leading developer of world-class payment solutions that can be tailored to meet the needs of virtually any industry sector or commercial entity.
About UseMyServices/UseMyCard (www.UseMyCard.com / www.UseMyServices.com)
Established in 2002, UseMyServices is the first company to bring together ecommerce and online banking with a proprietary platform that allows online banking customers to pay for their ecommerce purchases in real time using their own bank account. Unlike bank drafts, wires, EChecks or ACH - UseMyFunds' real time transfer means that customers making a purchase online can be credited immediately for their purchase. UseMyCard offers consumers with online banking the ability to purchase virtual cards that can be used anywhere credit cards are accepted online. E commerce merchants with UseMyCard can leverage their existing credit card processing system to sell more direct.
Media Contacts:
Mario Natoli
Chief Marketing Officer
eNett International
Mob: +61 447 773 274
mario.natoli@enett.com
Brian Crozier
Global Business Development
UseMyServices/UseMyCard
Mob: +1 416-822-3633
brian@usemyservices.com
UseMyServices Inc
Melody Wigdahl
(513) - 288 - 6159
melody@usemyservices.com 
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