EOVIA merchant Readyparcels goes live with new offering

Wednesday, 30 September 2009 – NEOVIA Financial Plc (LSE: NEO), the independent global online payments business, and PayPal, one of the leading online payment systems, today announced a partnership which allows NEOVIA’s NETBANX merchants to now offer PayPal as an additional payment method to their customers. In making PayPal functionality available through the NETBANX Payment Gateway, NEOVIA is providing its merchants with the ability to drive incremental sales* with PayPal.

NEOVIA’s NETBANX Payment Gateway allows merchants to accept payment via VISA, Maestro, Diners, American Express, Carte Bleue, Carta Si and JCB debit or credit cards in virtually any currency worldwide. The service also supports the major popular non-card local payment types such as Giropay, ELV, DirectPay24, Ukash, iDeal, NETELLER, direct bank payments, and now PayPal.

A number of merchants have already gone live with PayPal via NEOVIA’s NETBANX payments gateway, including readyparcels.com, the online parcel delivery service which uses its purchasing power to give heavy discounts to individuals and small businesses.

With over 20 million accounts in the UK alone, PayPal allows consumers to shop online without sharing their financial details. More than 150,000 merchants across Europe already accept PayPal, including leading UK e-commerce sites such as Boots, Topshop, Just Giving, New Look and eBay. PayPal also supports payments for Monarch Airways with a payment solution for flight bookings. With PayPal, merchants can sell their goods to tens of millions of online shoppers that prefer PayPal**, which can lead to an increase in sales*.

Dan Starr, EVP Sales Marketing