23rd Sep 2008 10:04
Press release
For immediate release
NETELLER Plc
NETELLER Announces New Major Gaming Merchant Wins
at EiG Barcelona
Group continues to drive leadership position in gaming payments
Tuesday, 23 September 2008 - NETELLER Plc Group (LSE: NLR), the leading independent, global provider of online payments, is pleased to announce major new gaming wins for its Merchant Payment Suite at the 7th annual EiG (European i-Gaming Congress and Expo).
The NETELLER Payment Suite 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 and attached pre-paid cards allow consumers to spend securely online as well as allowing merchants to increase customer lifetime value.
Through its Merchant Payment Suite, the NETELLER Group is the pre-eminent payment provider to the gaming industry. Today at EiG, the leading i-gaming industry event, the NETELLER Group announced the following significant new gaming-segment contract wins:
Provision of new payment services to leading international gaming merchants BetClick and Genting Stanley. At these sites consumers will be able to deposit funds directly from their e-wallet using a number of payment methods, including all major international credit and debit cards, the POLi consumer Internet bank payment service, giropay, iDEAL, Directpay24 and Ukash. They will also be able to withdraw their winnings and spend them at over 30 million locations worldwide using the NETELLER e-wallet and attached pre-paid cards.
Joint marketing agreements with Bet365, Betfred and Purple Lounge. The Group has entered into multi-quarter joint marketing and branding agreements with three industry leading gaming sites. Through these agreements the NETELLER Group and each of the merchants will jointly develop new and existing business while maintaining the loyalty of players playing at their sites.
In combination these new agreements are anticipated to drive several hundred thousand additional transactions per month for the Group as well as generating new consumer relationships for the NETELLER e-wallet and its merchants.
The 2008 EiG Expo in Barcelona is expected to be the largest so far, bringing together over 1,300 senior level representatives of the online gaming industry from over 60 countries. It is taking place on 23rd to 25th September 2008 at the CCIB Barcelona International Convention Centre.
NETELLER's management team will be holding one-on-one meetings with key merchants to preview upcoming product releases, including the recently released POLi service to the UK, prepaid cards, merchant marketing initiatives and additional functionality for e-wallet and gateway customers planned for the second half of 2008.
Members of the NETELLER management team will be available to meet and discuss industry developments, as well as meeting with other key industry leaders.
To learn more about NETELLER's products and services visit www.netellergroup.com, or to schedule an appointment at EiG 2008 Barcelona, visit this link: http://www.neteller-group.com/content/en/eig2008.htm
For further information contact:
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Andrew Gilchrist |
+ 44 (0) 1624 698 713 |
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VP Communications, NETELLER Plc |
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Email: [email protected] |
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Media Relations |
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Nick Daines / Sheelagh Connelly, McEntegart Marketing |
+ 44 (0) 20 7617 7019 |
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Notes to Editors
About the NETELLER Group
Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, the NETELLER Group operates the world's leading independent online payments business. Through its Payment Suite, featuring the NETELLER®, NETBANX®, Net+™ and 1-PAY™ brands, the Group 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 Group to support thousands of retailers and merchants in many geographies and across multiple industries.
NETELLER Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of NLR. NETELLER (UK) Limited is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about the Group visit www.netellergroup.com or contact us by email at [email protected].
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