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vNett – A Virtual Card Platform Presented to the Big League User’s Group 21 September 2011. Darryl Jang SVP, Americas +1 (415) 999-7083 [email protected] Agenda. Introductions vNett – A Virtual Card Platform vNett – What It Can Do. Key Facts. Launched 2011 Revenue 2011 TTV

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vNett – A Virtual Card Platform

Presented to the Big League User’s Group

21 September 2011

Darryl Jang

SVP, Americas

+1 (415) 999-7083

[email protected]


Agenda
Agenda

  • Introductions

  • vNett – A Virtual Card Platform

  • vNett – What It Can Do


Key facts
Key Facts

Launched

2011 Revenue

2011 TTV

Clients & Users

Employees

Ownership

2005

~USD23 Million

~USD40 Billion

>8,200

59

Joint venture between Travelport & PSP International


Global Organization

Business Development & Delivery

London, UK

Business Development & Delivery

San Francisco, USA

Business Development,

Rome, Italy

Data Centre

Atlanta, USA

  • Business Development & Delivery

    Brisbane, Australia

Development Centre, Melbourne, Australia

Corporate,

Melbourne, Australia


A powerful payment solution that enables single-use and multi-use MasterCardvirtual account numbers to facilitate payments to suppliers

  • Used for Supplier Payments

    • Air, Car, Hotel

    • Destination Providers, Tours, Attractions

    • And more…

Virtual MasterCard Credit Card

  • Used for Vendor Payments

    • Online Marketing (e.g. Google & Facebook Ads)

    • Phone and Telecommunications

    • And more…


The Benefits multi-use MasterCard

  • Streamlines Invoicing & Payment

  • Mitigates Risk

  • Offers A Revenue Stream


How vnett works
How vNett Works multi-use MasterCard

Rebate Paid Monthly

6

Funds are pre-paid into vNett Virtual Ledger to cover virtual card issuing.

1

Travel Agent Requests Virtual Credit Card

Supplier’s Merchant Bank

Agent / Consolidator / TMC

2

vNett Virtual Ledger

Virtual Credit Card Generated

Supplier Paid with Virtual Card

5

3

Card

Settlement

4

Card Is Processed By Supplier

Supplier


Credit card revenue model
Credit Card Revenue Model multi-use MasterCard

$100

$100

$100

$97.50

$98

Acquiring Bank

Credit Card

Issuer

Agency

Bus Tour


Vnett revenue model
vNett Revenue Model multi-use MasterCard

vNett Issues

$100 MasterCard

$100

$100

$100

$97.50

$98

Acquiring Bank

Agency

Bus Tour

Percentage Rebate on Interchange

Revenue Stream

Credit Card

Issuer

$2


Key features
Key Features multi-use MasterCard

  • A Credit Card Payment

  • Pay-As-You-Go

  • Issuing & Activation

  • Amendments & Cancellations

  • Single-Use / Multi-Use

  • PCI Compliance

  • Reporting Capabilities

  • Multi Currency

    • AUD, EUR, GBP, USD

    • Cross Border / Cross Currency


vNett can’t be all things to all people, multi-use MasterCard

but we can be many things to many people

  • vNett can

    • Introduce a new revenue stream

    • Help realize operational efficiency

    • Provide riskmitigation

    • Remove credit challenges

      • Eliminate security requirements

      • Remove costly central bill programs

    • Manage future payables


vNett can’t be all things to all people, multi-use MasterCard

but we can be many things to many people

  • vNett can apply towards

    • Bulk purchases

      • Cruise

      • Hotel

      • Groups

Use vNett anywhere you can pay with a credit card


Contact information
Contact Information multi-use MasterCard

Darryl Jang

SVP, Americas

[email protected]

+1 (415) 999-7083


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