Optimal Payments

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Optimal Payments PLC
Type Public company
Traded as LSEOPAY
Industry Online banking
Founded 1996
Headquarters Douglas, Isle of Man
Key people Dale Johnson, Chairman
Joel Leonoff, CEO & president
Products Electronic money
Revenue increase$61 million (2010)
Employees 309 (2010)
Website optimalpayments.com

Optimal Payments PLC, formerly known as Neovia Financial PLC, is a British global payments company based in the Isle of Man and regulated in the United Kingdom. It is the provider of the Netbanx gateway, Neteller e-wallet, and Neteller Net+ debit card products used by merchants and consumers in over 180 countries.

Contents

[edit] History

The company was formed from the combination of Neteller Plc, Netbanx Ltd and Optimal Payments Inc. Netbanx was founded in 1996, and both Optimal Payments and Neteller 1999.[1] The company has been publicly traded on the London Stock Exchange since its initial public offering (IPO) in 2004.[2] In November 2008 the company renamed itself to NEOVIA Financial PLC.[3]

In early 2011 the company acquired Optimal Payments and renamed itself to Optimal Payments PLC.[4]

[edit] Products and services

The company’s products are offered via the software as a service (SaaS) model. The Netbanx service processes credit and debit card-not-present and non-card payments for North American, European and Asia global retailers through their online stores, mail-order/telephone order and automated (IVR) phone channels.[5] The service offers both direct processing and acquiring merchant services/merchant accounts.

Neteller is an electronic money/e-wallet stored-value service that allows consumers to send and receive money. When a user opens an account with Neteller, all of the transactions are electronically made without any delay or fuss.[6]

[edit] Notes

  1. ^ Timeline/history
  2. ^ Company IPO Document
  3. ^ Finextra: company renames. Finextra.
  4. ^ Reuters name change to Optimal Paymentns complete
  5. ^ Shop Direct choose Netbanx
  6. ^ "Neteller Casino Overview". http://casinossecurity.com/neteller-overview.htm. Retrieved 2011-05-24. 

[edit] External links

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