NEOVIA processes payments for Film4 On Demand
15 December 2010 - 6:00PM
RNS Non-Regulatory
TIDMNEO
Neovia Financial PLC
15 December 2010
Press release For immediate release
NEOVIA processes payments for Film4 On Demand online movie
service
Demonstrates NEOVIA's strength in payment processing for digital
content delivery
Wednesday 15th December 2010 - NEOVIA Financial Plc (LSE: NEO),
the leading alternative payments business, announces that its
NETBANX gateway, part of the NEOVIA Payment Network, has been
chosen by FilmFlex to process all online payments for the recently
launched Film4oD, Film4's online video-on-demand service.
Powered by FilmFlex, Film4oD provides a selection of over 500
films available to rent online, with many available on the same day
as their DVD release. Rentals cost between 99p and GBP3.99. NEOVIA
has previously announced that FilmFlex had selected it to process
payments for its own video on demand package. NEOVIA has also
announced contract wins in 2010 with other IPTV providers including
SeeSaw and Perform.
"Having previously chosen NEOVIA as our partner for payment
processing, we are happy to extend our use of their services for
Film4oD," said Greig Hilton, COO for FilmFlex. "NEOVIA provides us
with flexible, secure payment processing at affordable rates."
"This announcement demonstrates that the NEOVIA Payment Network
is the best choice for secure, flexible online payment processing
in the micro-content and streaming media market - where alternative
payment options can provide the right solutions for content
providers," said Dan Starr, EVP and Chief Marketing Officer for
NEOVIA.
The NEOVIA Payment Network(TM) simplifies payments for
businesses improving customer experience, margins and lifetime
value. It includes the international NETBANX(R) payments processing
service for merchants, and member and card services through the
NETELLER(R) 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+(R) card allows
consumers to spend at over 30 million MasterCard(R) locations
worldwide.
# # #
For further information contact:
NEOVIA Financial Plc
Andrew Gilchrist, VP Communications Tel: + 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
Janis Thomas, Head of Marketing, FilmFlex Tel: +44 (0) 20 7131
6650
Email: Janis.Thomas@filmflexmovies.com
Vicky Powell, Group Publicity Manager, Channel 4 Tel: +44 (0) 20
7306 3636
Email: vpowell@channel4.co.uk
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(R) processing service to
simplify how they accept and settle card, direct-from-bank, and
cash payments, and the NETELLER(R) 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/.
About FilmFlex
FilmFlex is the UK's leading on-demand movie service provider
having managed the VOD movie service on Virgin Media since 2005,
with over 60 000,000 buys to date.
FilmFlex is a joint venture between Sony Pictures Television (a
Sony Pictures Entertainment company) and The Walt Disney Company
EMEA, and has content deals with over 30 movie suppliers including
all the Hollywood Studios.
FilmFlex has developed and built an online VOD platform after
two years of research and development and is partnering with a
number of leading technology companies. Film 4oD is the second
client to be announced. http://film4od.film4.com/.
About Film4 On Demand
Film4oD is Film4's online on demand service and launched in
November 2010. Powered by FilmFlex, it provides a large selection
of films available to rent online, with many available on the same
day as their DVD release.
Simple and easy to use, the on-demand service closely replicates
the editorial tone and content of the Film4 channel. Available to
rent from between GBP0.99 to GBP3.99, Film4oD includes content from
the majority of the major studios and leading independent
distributors as well as films from Film4 Productions. In addition
to the wide range of individual titles, Film4oD customers are able
to enjoy a fresh perspective on the films they love through
regularly updated themed seasons and selections.
This information is provided by RNS
The company news service from the London Stock Exchange
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