Agreement with JAXX
10 December 2009 - 10:43PM
UK Regulatory
TIDMNEO
RNS Number : 9146D
Neovia Financial PLC
10 December 2009
+---------------------------+---------------------------+---------------------------+
| Press release | | For immediate release |
+---------------------------+---------------------------+---------------------------+
NEOVIA Financial Plc
NEOVIA Financial now provides more payment options in multiple countries for
European Sports Betting giant JAXX's leading sites
NEOVIA Payment Suite provides secure payment options for players
10 December 2009 - NEOVIA Financial Plc (LSE: NEO), the independent global
online payments business, announces it is now delivering its NEOVIA Payment
Suite to JAXX, one of Europe's leading gaming companies, to offer additional
payment options across its gaming sites.
JAXX is one of the leading specialists in the European gaming market. From
lottery, casino and poker to sports and horse betting, the companies that make
up the JAXX Group offer the most popular forms of state-licensed gaming via
online platforms such as www.jaxx.com.
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.
NEOVIA was chosen because of its extensive experience and reach in the gaming
market. NEOVIA will be used to support payments in and payouts via its NETELLER
e-wallet for JAXX's customers across its key European operating regions. This
will mean that any existing NETELLER e-wallet user can now play on JAXX sites.
New JAXX customers will get a JAXX branded e-wallet and have more choice in
their payment options, can set up an e-wallet and transfer and withdraw funds
safely.
Sean Keogh, General Manager of JAXX UK said: "We're glad to be working with
NEOVIA Financial, one of the leading payment service providers. By doing so, we
can increase our payment options and so aid our aggressive expansion into new
territories. NEOVIA's reputation and experience as a full service payment
provider for online gaming is such that as we grow, we know that our payment
needs will be met with just one partner."
Dan Starr, Executive Vice President of Sales, Marketing and Products at NEOVIA,
said: "This is great news for NEOVIA. Millions of consumers in over 160
countries have trusted the NETELLER e-wallet service to safely transfer billions
of pounds around the world. Now our members can play on JAXX sites and NEOVIA
will support JAXX in an exciting time of its development."
# # #
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
Tel: +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 or subscribe at
http://www.neovia.com/feeds/
About JAXX AG
JAXX AG is a holding company with its registered office in Altenholz, near Kiel,
and invests in companies in the gaming industry. From betting, casino and poker
to bingo and lotteries, the companies that make up the JAXX Group offer the most
popular forms of state-licensed gaming via online platforms such as
www.jaxx.com, www.myBet.com and www.pferdewetten.de. Integrity, customer
centricity and reliably handled transactions are the top priority in every case.
It has investment companies in Germany, the UK, Spain, Austria and Malta. The
JAXX Group has a total of around 200 employees, 20 of who work for the holding
company. The shares of JAXX AG have been traded at Deutsche Börse since 1999
under ISIN DE000A0JRU67.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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