Optimal Payments expands European operations

Press release For immediate release

Optimal Payments expands European operations

New Sofia office to support continuing growth in NETELLER Stored Value business 

Thursday 23 May 2013 - Optimal Payments Plc (LSE: OPAY) ("Optimal Payments" or the "Company"), a leading international online payments provider, is pleased to announce the expansion of its European operations with the opening of a new office in Sofia, Bulgaria, to support its increasing activities in Europe, particularly in the NETELLER Stored Value business.

With rapid growth in the NETELLER eWallet over the past year, the new Sofia office will augment existing customer service operations in Calgary, Canada. Optimal Payments (Bulgaria) EOOD started operations in April. The Optimal Payments office will be located in brand new space in the Sopharma Business Towers, central Sofia. Optimal intends to have substantially grown its resources in the new location, which will be headed up by Iliyana Tarnina, a highly experienced local executive, formerly with Microsoft and PartyGaming in Bulgaria, by the end of 2013.

The NETELLER eWallet is an online stored-value account that millions of consumers have used to add, withdraw and transfer funds to and from over 3,000 NETELLER merchants. Available in over 200 countries, 13 languages and 19 currencies the NETELLER eWallet offers customers the choice of nearly 100 deposit options. With the NETELLER eWallet, customers also get access to one of the most successful prepaid card programs on the market. The Net+ card program allows consumers to spend safely online and in person at millions of MasterCard® point-of-sale locations, as well as at ATMs worldwide. Also available through the NETELLER eWallet payment account is NETELLER Money Transfer, a free alternative to traditional methods of sending money.

Optimal Payments has a strong record of delivering innovative technology solutions to its merchants, in both online payment processing and risk and fraud management. With its NETBANX payments gateway, NETELLER online wallet and NET+ prepaid card business, Optimal Payments is focused on the rapidly growing markets of multi-channel e-Commerce and mobile payments.

"We are thrilled to be opening this new office in Sofia and welcome Iliyana to the Optimal Payments team" said Danny Chazonoff, Chief Operating Officer of Optimal Payments. He added "The continuing growth of our NETELLER Stored Value business supports our expansion and Sofia represents a high quality and cost effective location. We will continue to invest in delivering the best product and providing the highest levels of customer support and this expansion represents a key part in our strategy to achieve this."

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For further information contact:

Optimal Payments

UK

Andrew Gilchrist, EVP Corporate Affairs + 44 (0) 203 5447 250

[email protected]

Citigate Dewe Rogerson + 44 (0) 207 638 9571

Angharad Couch / Nicola Swift / Priscilla Garcia

About Optimal Payments

Optimal Payments is a global provider of online payment solutions. Trusted by businesses and consumers in over 200 countries to move and manage billions of dollars each year, merchants use the NETBANX® processing service to simplify how they accept and settle credit card, direct-from-bank, and cash payments; and the NETELLER® payment account to increase margins, capture new customers and increase their lifetime value. Being an independent provider has allowed the company to support tens-of-thousands of merchants around the globe across a wide range of industries. Optimal Payments Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Conduct Authority (FRN 900015).

For more information on Optimal Payments visit www.optimalpayments.com or subscribe at www.optimalpayments.com/feed or follow us on Twitter @optimalpayments.