Optimal Payments

Optimal Payments
Optimal Payments PLC
Type Public company (LSE: OPAY)
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

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]

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]

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. 

External links


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