NEOVIA announces new bureau service
April 26 2010 - 4:52AM
UK Regulatory
TIDMNEO
RNS Number : 7640K
Neovia Financial PLC
26 April 2010
NEOVIA Financial Plc
NEOVIA Upgrades and Simplifies Merchant Services with New Card Acquiring Bureau
Global payments processing now available through one simple integration
Monday 26 April 2010 - NEOVIA Financial Plc (LSE: NEO), the leading alternative
payments business, has made available a significant upgrade to its Merchant
Services business that forms part of its NEOVIA Payment Network(TM). With its
recently introduced new bureau service, merchants can directly accept and settle
card payments through NEOVIA's NETBANX service without the complexity and cost
of managing an additional bank direct acquiring relationship.
The new service provides focused solutions for medium and large businesses
including:
· New MasterCard and VISA acquiring and processing without the need for
managing a direct bank relationship or Merchant Account;
· High capacity, fault tolerant processing platform with second physical
data-centre location with optional disaster recovery;
· Multi-channel Cardholder-Not-Present (CNP) service, including Web, IVR and
call centre/MOTO;
· Fully PCI DSS Level 1 compliant and certified service;
· Additional payment support for global processing of American Express,
PayPal, NETELLER, Ukash, and direct-from-bank payments such as iDEAL, Giropay,
and Direct Debit;
· Multicurrency processing and settlement support with multi-lingual
checkout pages;
· A single integration to all payment types; and
· Pricing that is highly competitive with direct bank processing.
Without this new service, merchants typically have to manage relationships with
both a Payment Service Provider (PSP) and bank, including the need to obtain a
separate Merchant Account, to accept, process and settle card transactions. This
process is both difficult and time-consuming. By working with a Merchant
Services provider such as NEOVIA, a merchant can get an easy-to-manage, one-stop
payments processing service with competitive pricing.
Dan Starr, Chief Marketing Officer at NEOVIA Financial, said: "With NEOVIA's
upgraded merchant services bureau, companies in a wide range of industries can
benefit from our best-in-class pricing, simple interface and comprehensive
back-office reporting. This service also provides direct marketing channels
which help merchants to reach out to customers and increase their revenue."
The NEOVIA Payment Network(TM) simplifies payments for businesses improving
customer experience, margins and lifetime value. It includes the international
NETBANX payments processing service for merchants, and member and card services
through the NETELLER payment account. NETBANX allows merchants to accept and
settle card and non-card payments through multiple channels including online,
contact centres, mail order and via automated phone systems. Via NETELLER
merchants can offer their loyal customers a branded payment account that allows
instant and direct settlement that avoids the complexities and costs of
traditional card schemes; the embedded multi-award-wining Net+ card allows
consumers to spend at over 30 million MasterCard locations worldwide.
For further information on the newly launched bureau merchant service, visit
www.netbanx.com or see our online demonstration.
For further information contact:
+------------------------------------+-----------------------------------+
| NEOVIA Financial Plc | |
| Andrew Gilchrist, VP | Tel :+ 44 (0) 1624 698 713 |
| Communications | |
| | |
| Email:investorrelations@neovia.com | |
| Twitter: | |
| https://twitter.com/neovia | |
| | |
| | |
+------------------------------------+-----------------------------------+
| Media Relations | |
| | Tel: +44 (0) 20 7617 7019 |
| Nick Daines / Sheelagh Connelly, | |
| Lumen PR | |
| | |
| Email: neovia@lumenpr.com | |
| | |
+------------------------------------+-----------------------------------+
About NEOVIA Financial
Trusted by consumers and businesses in over 170 countries to move and manage
billions of dollars each year, NEOVIA Financial Plc is a leading alternative
payments business. Through the NEOVIA Payment Network, merchants use the NETBANX
processing merchant service to simplify how they accept and settle card,
direct-from-bank, and cash payments, and the NETELLER payment account to
increase margins, capture new customers and increase customer lifetime values.
Being independent has allowed the company to support tens-of-thousands of
retailers and merchants in many geographies and across multiple industries.
NEOVIA Financial Plc is quoted on the London Stock Exchange's AIM, 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 or subscribe at
www.neovia.com/feeds/.
This information is provided by RNS
The company news service from the London Stock Exchange
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