NOTTNGHAM, UK, July 22, 2009
/24-7PressRelease/ -- 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+ 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 , featuring NETELLER , NETBANX , Net+ and 1-PAY 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 http://www.neovia.com.
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