Contract Win - SBOBET
July 20 2009 - 2:00AM
RNS Non-Regulatory
TIDMNEO
Neovia Financial PLC
20 July 2009
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| Press release | | For immediate release |
+---------------------------+---------------------------+---------------------------+
SBOBET selects NEOVIA's NETBANX and NETELLER for online payment processing
NEOVIA Payment Suite makes remittance easy and secure for Asian and European
customers
Monday, 20th July 2009 - NEOVIA Financial Plc (LSE: NEO), the independent global
online payments business, today announced it has been chosen by SBOBET to
process payments for its sports betting websites.
SBOBET is a leading global online sportsbook with operations in Asia and Europe.
It offers over 500 sporting events every week, including all major soccer
leagues and international sporting events. It is the current shirt sponsor of
West Ham United in England's Premier League.
As well as its sportsbook brand sbobet.com, SBOBET is about to launch the first
'Live Dealer' Casino licenced by the Isle of Man Government casino.sbobet which
will also use NEOVIA to process payments. Both of these sites will be using the
NETELLER e-wallet and the NETBANX payment gateway from the NEOVIA Payment Suite
for global processing, including across Europe and Asia.
SBOBET chose the NEOVIA Payment Suite because of its ability to take direct
payments via a single supplier from around the world in a secure environment.
William D. Mummery, Executive Director at SBOBET, said: "We're working with
NEOVIA as its solutions strengthen the offering to our customers while providing
us with security and a business edge. We see tremendous scope for developing our
B2C offering from our Isle of Man presence to a global audience."
Dan Starr, Executive Vice President at NEOVIA, said: "SBOBET is a great example
of a global business that's using our NETELLER e-wallet combined with the unique
Unified PayPage checkout technology of our NETBANX gateway. This allows SBOBET
to provide a secure, easy-to-use experience for its customers in Asia and
Europe."
The NEOVIA Payment Suite features the NETBANX international payments gateway,
the NETELLER e-wallet and Net+(TM) cards. NETBANX allows merchants to accept
card and non-card payments through multiple channels including online, contact
centres, mail order and via automated phone systems. The NETELLER e-wallet
allows consumers to spend securely online as well as allowing merchants to
increase customer lifetime value. Net+ cards allow merchants to extend customer
loyalty and lifetimes. As well as cards, the NEOVIA Payment Suite supports
online payments direct from consumers' online bank accounts.
# # #
For further information contact:
NEOVIA Financial Plc
Andrew Gilchrist, VP Communications + 44 (0) 1624 698 713
Email:investorrelations@neovia.com
Twitter: https://twitter.com/neovia
Media Relations
Nick Daines / Sheelagh Connelly, Lumen PR+44 (0) 20 7617 7019
Email: neovia@lumenpr.com
About NEOVIA Financial
Trusted by consumers and merchants in over 160 countries to move and manage
billions of dollars each year, NEOVIA Financial Plc (formerly NETELLER Plc)
operates the world's leading independent online payments business. Through the
NEOVIA Payment Suite(TM), featuring NETELLER , NETBANX , Net+(TM) and 1-PAY(TM)
brands, NEOVIA Financial specialises in providing innovative and instant payment
services where money transfer is difficult or risky due to identity, trust,
currency exchange, or distance. Being independent has allowed the company to
support thousands of retailers and merchants in many geographies and across
multiple industries.
NEOVIA Financial Plc quoted on the London Stock Exchange's AIM market, with a
ticker symbol of NEO. Subsidiary company NETELLER (UK) Ltd is authorised by the
Financial Services Authority (FSA) to operate as a regulated e-money issuer. For
more information about NEOVIA Financial visit www.neovia.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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