2nd Dec 2009 07:13
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Press release |
For immediate release |
NEOVIA announces anniversary of the Net+™ Prepaid MasterCard®
Market leading prepaid card continues to attract awards for innovation
Wednesday, 2 December 2009 - NEOVIA Financial Plc (LSE: NEO), the independent global online payments business, is pleased to announce the first anniversary of the Net+TM Prepaid MasterCard®.
The Net+ card was the first prepaid MasterCard to be made available to NETELLER's e-wallet customers as both a physical prepaid card and a virtual, online-only, prepaid card. Both of these cards have offered NETELLER's customers the convenience of instant access to their cash in their e-wallets since the launch in October 2008. The Net+ card synchronises automatically in real time with the funds in the NETELLER customer's e-wallet, avoiding the need for a separate pre-load transaction of the prepaid card.
The Net+ Prepaid MasterCard, issued by Conister Bank Limited, incorporates chip and PIN technology and allows cardholders to instantly access funds from a NETELLER e-wallet account at over 29 million retail point of sale locations and more than 1 million ATMs worldwide. The virtual version of the card offers a secure way to shop and pay online with one-time usage card numbers. The Net+ Virtual Card is part of the NETELLER Desktop which, in addition, to offering convenient, secure and private payment via Net+, enables NETELLER e-wallet users to view the balance on their e-wallet account without the need to visit the main NETELLER site.
These innovative features have been recognised through a number of awards for the Net+ card in the last 12 months. It was voted the best new prepaid card at the prestigious Cards & Payments Europe 2009 Awards in June 2009. NEOVIA was selected in February 2009 by financial technology newswire Finextra to appear in its Innovation Showcase for the Net+ Cards. Finextra noted that this was the first time an e-wallet has been used as a loading mechanism for both a virtual and physical card. NETELLER was also named as the winner of the Best Gaming Prepaid Card at the Prepaid365 Prepaid Card Awards in July 2009.
Net+™ cards form a key part of the NEOVIA Payment Suite, which also features the NETBANX international payments gateway and the NETELLER e-wallet. 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.
Dan Starr, Executive Vice President of Sales, Marketing and Products at NEOVIA said: "The Net+ card has been an excellent product for our e-wallet customers, giving them the flexibility and convenience to access their funds immediately, while also addressing any concerns they might have had around security and privacy. We are continuing to develop the product and hope to bring further innovations to the Net+ card for both merchants and customers in the near future."
Simon Hull, Managing Director at Conister Bank, commenting on the first anniversary said, "The Net+ Prepaid Mastercard has been very successful in its first year, as evidenced by the awards received to date. At Conister Bank we are committed to adding value as a truly independent BIN sponsor and developing our customers' propositions within a stable and reliable regulatory environment."
Consumers can find out more about the Net+ card at www.netpluscards.com, including the "Shop like a Ninja" marketing promotion, http://www.netpluscards.com/ninja/index.html. The Net+ card is available to all NETELLER e-wallet customers and offers value, convenience and security at extremely competitive fees - the cards carry no set up, dormancy or annual fees, free POS transactions, a €4 (or equivalent) ATM withdrawal fee, and forex fees of 2.95%. The Net + card is available in eight currencies, GBP, US$, EUR, CAD, JPY, SEK, DKK and AUD. All transactions made on the Net+ card attract NETPoints which can be exchanged for numerous rewards. NETELLER VIP customers receive special rates for both the e-wallet and Net+ card making the proposition even more compelling. For more information on becoming a NETELLER customer, visit www.neteller.com.
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For further information contact:
NEOVIA Financial Plc
Andrew Gilchrist, VP Communications + 44 (0) 1624 698 713
Email: [email protected]
Twitter: https://twitter.com/neovia
Media Relations
Nick Daines / Sheelagh Connelly, Lumen PR
Tel: +44 (0) 20 7617 7019
Email: [email protected]
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™, featuring NETELLER®, NETBANX®, Net+™ and 1-PAY™ 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/
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