News and Press Releases:


NETELLER Drives European Expansion

New VISA Debit Card and Security Support added 10 New Significant Merchants sign-up to service

14 August 2006 - NETELLER Plc (LSE: NLR), the leading independent online money transfer business, today further expanded its European business by announcing that its core e-wallet service now supports deposits via Visa Delta and Visa Electron debit cards. Together Visa Delta and Visa Electron represent 41 % of the European debit card market giving NETELLER customers greater choice than ever over how they transfer money using their online NETELLER accounts. Supporting Visa debit cards also provides enormous benefits to NETELLER merchants due to the fact that debit cards witness far lower processing decline rates than credit cards.

As part of NETELLER’s leadership position in online security, the company also announces that it has implemented the ‘Verified by Visa’ and MasterCard ‘SecureCode’ card protection initiative. This allows card issuers to authenticate cardholders at any participating merchant, reducing the likelihood of identity theft and other fraudulent usage of credit and debit cards.

NETELLER recently launched dedicated localised online money transfer services in Germany, France, Spain and Italy, to complement its existing UK service. Due to high debit card penetration in Europe, this new support for Visa further enhances the company’s European offering - increasing the appeal of its service to its merchants. NETELLER provides merchants with 24/7 telephone support for its service, including use of the Visa Delta and Visa Electron.

Commenting on behalf of NETELLER, Paul Templeman, president of European operations said: "Our merchant base has been very supportive of our aggressive European expansion over the last 12 months. Our new support for Visa debit cards has made our European offering even more compelling."

NETELLER has also announced the addition of the following 10 new European leisure and entertainment focused merchants: Pokershare.com; Paddy Power; Unibet; UK Betting; Nordicbet; Interwetten; PKR.com; Tropical Poker; Betworks and Full Contact Poker. These new additions bring the Group’s global merchant base to over 3,500, across such diverse industries as manufacturing, energy, retail, publishing, government, education, media, and leisure and entertainment.


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.