Contract win with RSA

 

TIDMNEO 
 
 
Neovia Financial PLC 
14 October 2009 
 
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RSA chooses NEOVIA Payment Suite as standard for processing payments for 
MORE TH>N and other insurance brands 
 
 
Secure, resilient processing platform chosen for all consumer insurance brands 
 
 
 
 
Wednesday, 14th October 2009 - NEOVIA Financial Plc (LSE: NEO), the independent 
global online payments business, today announced it has been chosen by RSA as 
the standard to process payments for all its brands, including its leading MORE 
TH>N insurance brand with two million customers. 
 
 
In the initial deployment, NEOVIA will use its payment suite to process card 
payments online and by telephone for MORE TH>N's consumer-facing insurance 
services. This includes both one-off and scheduled bill payments, and features 
NEOVIA's industry leading NETBANX Unified PayPage technology which delivers PCI 
DSS compliance out of the box together with a highly customisable 
user-experience. 
 
 
A key reason why RSA chose NEOVIA for MORE TH>N is its multiple physical data 
centres, providing improved resilience, lower risk for payment processing and 
high levels of business continuity. Only a few "enterprise-class" payment 
providers can offer multiple data centres in different geographies with failover 
and disaster recovery capabilities. These multiple data centres are ready 
configured and primed for the unlikely event of one of the other sites going 
down though a downstream supplier problem or major disaster. 
 
 
Mark Christer, Managing Director at MORE TH>N, said: "NEOVIA was able to offer a 
flexible payment system that gives us options for future development, coupled 
with the security of multiple data centres and thorough business continuity 
plans, with the stability from an enterprise-class payment solutions provider." 
 
 
Dan Starr, Executive Vice President at NEOVIA, said: "This contract win with a 
major insurance brand demonstrates RSA's confidence in the NEOVIA Payment Suite 
to efficiently and robustly handle payments. We also expect RSA to gradually 
roll out the Payment Suite across multiple brands over the next few months once 
MORE TH>N has gone live, enabling more customers to benefit from its 
capabilities." 
 
 
MORE TH>N is a brand of RSA, one of the world's largest insurance companies and 
a FTSE 100 company. MORE TH>N provides its customers with access via the 
telephone and internet to an extensive product range including home, motor, pet 
and travel insurance. 
 
 
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. 
 
 
 
 
# # # 
 
 
For further information contact: 
 
 
NEOVIA Financial Plc 
Andrew Gilchrist, VP Communications + 44 (0) 1624 698 713 
Email:[e-mail] 
Twitter: https://twitter.com/neovia 
 
 
 
 
Media Relations 
Nick Daines / Sheelagh Connelly, Lumen PR 
Tel: [phone] 
Email: [e-mail] 
 
 
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 NEOVIA 
Financial visit www.neovia.com or subscribe at http://www.neovia.com/feeds/ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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