7th May 2008 08:25
NETeller PLC07 May 2008 NETELLER's New NETBANX International Payments Gateway Deployed by easyBus Group continues global payments and industry diversification strategy Wednesday 7th May 2008 - The NETELLER Group (LSE: NLR), the independent globalonline payments business, has deployed a new internationalised version of itsNETBANX payments gateway service to merchants, including new merchant easyBus,the airport transfer operator which is part of the easyGroup, founded byStelios. The new international version means that customers can easily pay online intheir own currency and language, using local or global payment cards or otherlocal payment options. This improves choice for consumers, as well as givingthem a better rate of currency exchange. For merchants, this means they canimprove customer loyalty, customers are less likely to abandon a purchase, andmerchants share revenues generated from in-stream foreign exchange. The NETELLER Group's NETBANX platform provides global payments services used bybusinesses of all sizes to accept payments via the internet, IVR (InteractiveVoice Recognition) and call centre channels. This new release delivers specificenhancements that allow merchants to accept payments from overseas customers,including: • Multi-lingual pay pages that allow merchants to collect payment from consumers in the language of their preference, including English, French, German, Italian, Spanish and Welsh. • In-stream Dynamic Currency Conversion (DCC) that allows international consumers to pay in their local currency right on a checkout payment page, without having to pay exorbitant acquirer foreign exchange (FX) rates, and without having to wait for their next card statement to see exactly what they have been charged. Merchant's also have the opportunity share the revenue generated from the foreign exchange transactions that happen on the page. • Support for all major international card payment brands, including VISA and MASTERCARD. • Support for a broad suite of European non-card and non-global card payment types to allow merchants to offer more funding options to their consumers, including giropay and ELV for Germany, iDEAL for Holland, Carte Bleu, domestic and international for France, and Carte SI for Italy. NETBANX is deployed by many well respected brands extend their businessopportunities using payments. easyBus, part of the easyGroup that includeseasyJet, targets the value conscious international traveller. easyBus hasstandardised on NETBANX because of the new global payment features includinglocal non-card payments and Dynamic Currency Conversion. "Our customers are very value conscious and don't want to be surprised when theyopen their credit card statements," said Vasant Mistry, CEO of easyBus. "Features like NETBANX's Dynamic Currency Conversion give our customers a betterdeal, with no shocks for us or them." "We are very focused on helping companies like easyBus drive business around thecorner or around the world," said Ron Martin, President & Chief ExecutiveOfficer of NETELLER. "We believe that these new globalisation features in ourNETBANX service significantly extend our lead over other payment brands. If yourbusiness needs to do global payments like easyBus, then NETBANX should be top ofyour shortlist." The new enhanced version of the NETBANX payment gateway is availableimmediately. No further integration is required for existing merchants to accessthe new features. More information about the NETBANX payment gateway can befound at www.netbanx.com. The new version can be seen in action atwww.easybus.co.uk Contacts: Andrew GilchristVP - Communications, NETELLER PlcTel: +44 (0) 1624 698713Email: [email protected] Media RelationsNick Daines / Sheelagh Connelly, McEntegart MarketingTel: +44 (0) 20 7617 7019Email: [email protected] About the NETBANX Payments Gateway NETBANX is the global payment arm and a wholly-owned subsidiary of the NETELLERGroup. NETBANX offers high performance global payments gateway services used bythousands of businesses to accept payments via the Internet, IVR, call centreand ePOS channels. Clients include nPower, moneysupermarket.com, and Walmart'sUK brand, ASDA. As well as the typical credit and debit card processing offered by other serviceproviders, NETBANX uniquely offers local country specific payments types, suchas Direct Debit and Credit for the UK, giropay and ELV for Germany, and a fullrange of payment services for companies expanding their markets in Asia. Formore information about NETBANX visit www.netbanx.com. About the NETELLER Group Trusted by consumers and merchants in over 160 countries to move and managebillions of dollars each year, the NETELLER Group operates the world's leadingindependent online payments business. Through its NETBANX, NETELLER and 1-Paybrands, the Group specialises in providing innovative and instant paymentservices where money transfer is difficult or risky due to identity, trust,currency exchange, or distance. Being independent has allowed the Group tosupport thousands of retailers and merchants in many geographies and acrossmultiple industries. NETELLER Plc is quoted on the London Stock Exchange's AIM market, with a tickersymbol of NLR. NETELLER (UK) Limited is authorised by the Financial ServicesAuthority (FSA) to operate as a regulated e-money issuer. For more informationabout the Group visit www.netellergroup.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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