NEOVIA announces new bureau service

 

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: 
 
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| NEOVIA Financial Plc               |                                   | 
| Andrew Gilchrist, VP               | Tel :+ 44 (0) 1624 698 713        | 
| Communications                     |                                   | 
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| Email:[e-mail] |                                   | 
| Twitter:                           |                                   | 
| https://twitter.com/neovia         |                                   | 
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+------------------------------------+-----------------------------------+ 
| Media Relations                    |                                   | 
|                                    | Tel: [phone]         | 
| Nick Daines / Sheelagh Connelly,   |                                   | 
| Lumen PR                           |                                   | 
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| Email: [e-mail]          |                                   | 
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+------------------------------------+-----------------------------------+ 
 
 
 
 
 
 
 
 
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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