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NEOVIA Financial Now Provides More Payment Options in Multiple Countries for European Sports Betting Giant JAXX’s Leading Sites

NEOVIA Payment Suite provides secure payment options for players

10 December 2009 - NEOVIA Financial Plc (LSE: NEO), the independent global online payments business, announces it is now delivering its NEOVIA Payment Suite to JAXX, one of Europe's leading gaming companies, to offer additional payment options across its gaming sites.

JAXX is one of the leading specialists in the European gaming market. From lottery, casino and poker to sports and horse betting, the companies that make up the JAXX Group offer the most popular forms of state-licensed gaming via online platforms such as www.jaxx.com.

The NEOVIA Payment Suite 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 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.

NEOVIA was chosen because of its extensive experience and reach in the gaming market. NEOVIA will be used to support payments in and payouts via its NETELLER e-wallet for JAXX’s customers across its key European operating regions. This will mean that any existing NETELLER e-wallet user can now play on JAXX sites. New JAXX customers will get a JAXX branded e-wallet and have more choice in their payment options, can set up an e-wallet and transfer and withdraw funds safely.

Sean Keogh, General Manager of JAXX UK said: “We’re glad to be working with NEOVIA Financial, one of the leading payment service providers. By doing so, we can increase our payment options and so aid our aggressive expansion into new territories. NEOVIA's reputation and experience as a full service payment provider for online gaming is such that as we grow, we know that our payment needs will be met with just one partner.”

Dan Starr, Executive Vice President of Sales, Marketing and Products at NEOVIA, said: “This is great news for NEOVIA. Millions of consumers in over 160 countries have trusted the NETELLER e-wallet service to safely transfer billions of pounds around the world. Now our members can play on JAXX sites and NEOVIA will support JAXX in an exciting time of its development."


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.