Press ReleaseNETELLER Signs Agreement for Net+ Prepaid Cards with October launch DateAgreement signed with TransSend (Conister Financial Group Plc)Wednesday, 27 August 2008 – NETELLER Plc (LSE: NLR), the leading independent, global provider of online payments, is pleased to announce that it has signed a contract with TransSend Payment Services, a leading provider of prepaid card solutions, to provide Net+™ MasterCard® Prepaid Cards to its e-wallet customers. Through its partnership with TransSend Payment Services, NETELLER will shortly begin providing its e-wallet users with the opportunity to add Net+™ cards to their account – providing increased value, security, privacy and convenience. The Net+™ prepaid cards will be available by early October 2008 when NETELLER e-wallet consumers can sign up for two new products:
The integration process between NETELLER and TransSend is at an advanced stage and NETELLER anticipates the full launch of the Net+ cards to its e-wallet users by early October 2008. TransSend Payment Services and NETELLER have worked together to offer two great card products which have been integrated with NETELLER’s existing platform to ensure seamless loading and withdrawal capabilities through the NETELLER e-wallet. These two products offer excellent value to the consumer (compared to many other prepaid card offerings) as well as a high level of convenience and security. Ron Martin, President & Chief Executive Officer of the NETELLER Group, said: "This is another important milestone for NETELLER and demonstrates further evidence of the Group delivering on its strategy. The anticipated launch of the Net+ prepaid cards will provide our consumers with a more effective and cost-efficient way to withdraw and utilise funds in their e-wallets. We look forward to working with TransSend to maximise our opportunities together." Richard Jones, CEO of TransSend, said: "NETELLER's position as a leading provider of innovative payment solutions and their widespread customer base in both gaming and non-gaming markets made them an attractive partner for us. We fully expect that this partnership will generate one of the leading prepaid card programmes in the market today and are excited about the opportunities we see within NETELLER’s card-based strategy for further developments."
|