Cornerstone's Virtual Card Payment Solution
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Transcript of Cornerstone's Virtual Card Payment Solution
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CIS Virtual Card Payment Solutions
Mark Abdoo - Product Manager - CornerstoneDarryl Jang – SVP, Americas - eNett
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Agenda Introduction
What are VANs?What is the Problem?
Quick DemoQuestions and Answers
What is the Solution?
So How Do We Do It?
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eNett International - VANs
• A VAN is a Virtual Account Number
• A VAN is a MasterCard, but without the physical plastic
• Card Number, Expiration Date, Security Code
• VANs have unique controls that provide far greater security than traditional cards; seamlessly integrated with the GDS
• VANs are generated for every booking to ensure payments are processed quickly and safely, enabling automated reconciliation at point of sale
• With MasterCard acceptance, VANs can be used for any payment anywhere in the world
Global provider of dedicated payments solutions for the travel industry
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The Problem3rd Party Hotel Billing
Agent needs to book and pay for traveler
Agent seeks hotel that allows 3rd Party Hotel Billing-- including chains and independent properties
Agent calls hotel to see if property accepts such billing
Agent may debate with front desk
If allowed by hotel, agent books hotel via GDS and needs to fax authorization form
Hotel often has their own proprietary authorization formHotel faxes form to the Agent
Agent completes authorization form
Agent faxes authorization form back to hotel
Agent follows up with a call to hotel
Agent seeks verbal confirmation of fax receipt
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Agent BookHotel
RequestVAN
Auth Form + Fax
Create PNR
Send to iQCX
Document Delivery
The Result
• Automated CC auth forms
• Automated faxes• Done on the GDS• 100% data
match/reconciliation • Reduced risk & fraud
The SolutioniQCX Automation
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Agent books hotel
eNett Generates VAN
iQCX Requests VAN
Hotel Process Flow
iQCX Updates PNR
iQCX Generates Fax
InterFAX Sends to Hotel
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Library User Tables
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PNR Data Items
parsed from PNR and
pulled from Library tables
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Library ResRules to Validate data,
Issue cards, Update PNRs and Send fax
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InterFax:8123305181
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You can change the fax number here
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Screenshot of PNR after
1 HHL QI HK1 IND 14OCT-15OCT 1NT 47672 QUALITY INN AND SUI 1N1KRAC -1/RG-USD79.99/ADV GTE/AGT00000000/G-CAXXXXXXXXXXXX1111EXP1014/SI- /CF-83169750 *** ITINERARY REMARKS EXIST *** >RM*· *** ADDITIONAL ITINERARY DATA EXISTS ***>*I· FONE-INDAS/812-330-4361 TKTG-TAU/05MAY RMKS-E/VAN1/HOTEL/1/TEST NOTES GO HERE 2 E/VAN1/MULTI USE-FALSE TRMK-SA ACCT-12345 >
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Screenshot of PNR before
1 HHL QI HK1 IND 14OCT-15OCT 1NT 47672 QUALITY INN AND SUI 1N1KRAC -1/RG-USD79.99/ADV GTE/AGT00000000/G-CAXXXXXXXXXXXX6654EXP1014/SI-*ENETT VAN*BILL ROOM AND TAX/CF-83169750 *** ITINERARY REMARKS EXIST *** >RM*· *** ADDITIONAL ITINERARY DATA EXISTS ***>*I· FONE-INDAS/812-330-4361 TKTG-TAU/05MAY GFAX-OSI*ENETT VAN*BILL ROOM AND TAX RMKS-E/VAN1/HOTEL/1/TEST NOTES GO HERE 2 E/VAN1/MULTI USE-FALSE 3 Q/ IQCX 4/29/2014 1:55:16 PM/VAN REQUESTED - TRANSACTION ID - 112571 TRMK-SA ACCT-12345 >
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Screenshot of generated fax
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What’s Next?
Pilot Customers (6)
Air Workflow
Generic Workflow
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Thank you for your time!Questions?