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NEOVIA Financial Announces Launch of Payout Program and Major Gaming Merchant Wins at IGE 2009 in London

Company continues to drive leadership position in gaming payments

Tuesday, January 27th 2009 –NEOVIA Financial Plc (LSE: NEO), the leading independent global provider of online payments, is pleased to announce major new products and gaming merchant wins at the 2009 International Gaming Expo (IGE) in London.

The gaming industry is a key focus for NEOVIA, and through its Merchant Payment Suite, NEOVIA is the pre-eminent payment provider to that segment. This features the NETBANX international payments gateway, the NETELLER e-wallet and Net+ cards. 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 Net+ cards allow consumers to spend securely online as well as allowing merchants to increase customer lifetime value.

The new Payout Program announced at IGE allows merchants to quickly and simply enable winnings payouts to consumers via prepaid cards, virtual cards, bank wires, bank transfers, cheques or to the NETELLER e-wallet. The program also includes options for merchants to remarket to consumers that use the service. As a fully managed payout service, it removes the friction and expense that merchant incur when running these programs themselves. The program is free of cost to merchants and available immediately.

NEOVIA also announced that it has signed joint marketing agreements of between 12 and 24 months with the following merchants: Betfair, PKR, Eurolinx, Redbet, Boyles, Doyles, Gold Victory, 3Dice, Carib and Olympic. Through these agreements and existing ones with Bet365, Betfred and Purple Lounge, NEOVIA and each of the merchants will jointly develop new and existing business while maintaining the loyalty of players playing at their sites.

The 2009 International Gaming Expo (www.ige-exhibition.com) is the UK’s largest annual gaming event and takes place at London’s Earls Court from 27-29 January.

As well as exhibiting, NEOVIA’s management team will be holding one-on-one meetings with key merchants and other industry leaders and commentators to preview market analysis, upcoming product releases, including the just announced Payout Program, and other prepaid card, merchant marketing,  e-wallet and gateway initiatives planned for the first half of 2009. 


About NEOVIA Financial Plc

Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, NEOVIA Financial Plc operates the world's leading independent online payments business. Through its Payment Suite, featuring NETELLER®, NETBANX®, Net+™ and 1-PAY™ brands, NEOVIA 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 NEOVIA to support thousands of retailers and merchants in many geographies and across multiple industries.

NEOVIA Financial Plc is quoted on the London Stock Exchange’s AIM market, with a ticker symbol of NEO. Subsidiary company NETELLER (UK) Limited 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/.

Media and Investor Contacts

NEOVIA's media relations can be contacted through the Media Relations Contact page. NEOVIA investor relations are managed by Citigate Dewe Rogerson. Contact them through the Investor Relations Contact page.