/24-7PressRelease/ - NOTTINGHAM, UK, September 04, 2008 - The NETELLER Group (LSE: NLR), the independent global online payments business, has announced it has signed a contract and started the implementation to provide online payment services through the NETELLER Payment Suite for Cardsave, one of the UK's leading providers of financial and business services for independent retailers with over 28,000 member companies.
The NETELLER Payment Suite features the NETBANX international payments gateway, the NETELLER e-wallet and Net+ 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.
Payment via the hosted payment suite is quick and easy and allows merchants of any size to take payments online via credit and debit cards or direct debit. The service also accommodates non-card payment types specific to particular countries, such as the giropay system used in Germany or iDEAL service in the Netherlands. This means that even the smallest UK business can now open their doors to world-wide markets.
Clive Kahn, CEO of Cardsave, said "Through this relationship with the NETELLER Group, Cardsave has again shown its commitment to bringing leading and innovative products to our members. The NETELLER Payment Suite is the best solution to remove the barriers for UK companies to compete with other retailers online - both inside and outside the UK."
Ron Martin, President and Chief Executive Officer of NETELLER, said "Our services help drive merchant success through innovation, simplicity and value. The Cardsave agreement means that the NETELLER Group has significantly extended its distribution and business opportunity for the NETBANX gateway, NETELLER e-wallet and our other services."
About Cardsave
Cardsave is one of the largest independent providers of credit and debit card processing facilities to small and medium sized businesses in the UK. Representing over 28,000 members with hundreds joining every month Cardsave offer an unrivalled service, with the latest credit card machines and preferential rates that save our members money on accepting credit and debit cards.
About the NETELLER Group
Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, the NETELLER Group operates the world's leading independent online payments business. Through its Payment Suite, featuring the NETELLER , NETBANX , Net+ and 1-PAY brands, the Group 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 Group to support thousands of retailers and merchants in many geographies and across multiple industries.
NETELLER Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of NLR. NETELLER (UK) Limited is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about the Group visit http://www.netellergroup.com
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