MicronNexus Selects eNett International as Commission Payments Provider

HEATHROW, England, Jan. 13, 2011 /PRNewswire-Asia/ -- eNett International, a leading provider of innovative, integrated payment solutions tailored to meet the needs of the travel industry, today announces it has entered into an agreement with MicronNexus, a leading car hire distribution platform owned by TUI Travel PLC, to process their travel agency commission payments. MicronNexus and their agency partners expect to gain significant benefits from using the eNett solution, which is designed to automate settlement, reconciliation and reporting of all commissions.

The state-of-the-art eNett application seamlessly integrates with the MicronNexus platform and allows travel agencies to receive commission payments directly into their bank accounts and access a host of web-based reports in real-time. Travel agencies that subscribe to eNett also have the ability to send and receive payments, to and from other users.

"The eNett solution is our core product offering and delivers a single point of connection to today's world of payments," said Rob Bishop, executive director of eNett International.  "We are delighted to be partnering with MicronNexus to completely automate the processing of commission payments to their travel agency clients," he added.

"We are always looking for innovative solutions that complement our aggressive international expansion, as well as deliver process efficiencies to our travel agency customers. eNett allows us to migrate from a manual process of paying commissions, to a fully automated solution," said Andreas Nau, managing director of MicronNexus. "The relationship with eNett International also allows us to expedite our distribution into other markets, by enabling commission payments to be made to new travel agency clients," Nau added.

The eNett solution will be deployed to MicronNexus travel agency clients using the Travelport GDS in the UK, Germany, Spain, Italy and Portugal during the first quarter of 2011.

About eNett International (www.enett.com)

eNett International, is a leading provider of innovative, integrated payment solutions tailored to meet the needs of the travel industry. The Company's world-class solutions include credit card processing, EFT/direct debit processing, merchant services and the issuing of virtual account numbers. These solutions are offered via web-based technology and can be accessed independently or integrated with a multitude of accounts payable/ receivable systems. A key component of eNett International's offering is the central collection of payments data, delivering process efficiencies, cost reductions and increased distribution across the travel value chain. eNett International is a joint venture company with Travelport, a broad-based business services company and a leading provider of critical transaction processing solutions to companies operating in the global travel industry.

About MicronNexus

MicronNexus, subsidiary of the world's largest Leisure Travel Group TUI Travel, is market leader in the area of car hire technology providing interfaces to both local and global car rental suppliers.  100 airlines, technology companies, affiliates and tour operators successfully use the system to generate high revenues and customer satisfaction.

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SOURCE eNett International

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