- Educational bodies use NEOVIA’s Payment Suite gateway for online processing

Tuesday 17th March 2009 – NEOVIA Financial Plc (LSE: NEO), the independent global online payments business, has been chosen by several educational organisations to process payments for products and services.

The three separate contract wins include private companies, councils and colleges. In each case, NEOVIA Payment Suite is being used so that services and products can be paid for over the web. The NEOVIA Payment Suite features the NETBANX international payments gateway, the NETELLER e-wallet and Net+™ cards. NETBANX allows merchants to accept card and non-card payments through multiple channels including online, contact centres, mail order and via automated phone systems. The NETELLER e-wallet allows consumers to spend securely online as well as allowing merchants to increase customer lifetime value. Net+ cards allow merchants to extend customer loyalty and lifetimes. As well as cards, the NEOVIA Payment Suite supports online payments direct from consumers’ online bank accounts using the POLi service.

Bedford College has one of the fastest rising exam pass rates in the UK and it is using the payment suite so that courses and training programmes can be paid for over the web.

Kent Adult Education Service provides courses for individuals and bespoke courses for businesses ranging from calming yoga and energising salsa to Skills Plus and Learning Skills Council backed Train to Gain courses. It is using the payment suite so that courses can be paid for via the internet.

Pearson Education is a leader in educational publishing. Its life-long learning programme, books and online resources help school children and students to learn; teachers to teach and professionals to develop throughout their careers. It is using the payment suite so that materials can be paid for online.

Dan Starr, Executive Vice President of the Merchant Services division at NEOVIA, said: “Partnering with NEOVIA is the easiest way to accept payments online. We combine the technology and innovation of a leading payment processor with the strength of a global payment network. From call centre payment processing to online checkout pages, we power your growth with smart online payment services.”

For more information on
Bedford College visit: http://www.bedford.ac.uk/
Kent Adult Education Service visit: http://www.kentadulteducation.co.uk/
Pearson Education visit: http://www.pearsoned.co.uk/

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Contacts:

Andrew Gilchrist
VP – Communications, NEOVIA Financial Plc
Tel: +44 (0) 1624 698713
Email: investorrelations@neovia.com

Media Relations
Nick Daines / Sheelagh Connelly, McEntegart Marketing
Tel: +44 (0) 20 7617 7019
Email: neovia@mmcomms.uk.com

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 (formerly NETELLER 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.

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.

NEOVIA Financial Plc recently changed its corporate identify from NETELLER Plc to better reflect the strength and breadth of its individual product brands. At the same time its ticker symbol changed from NLR to NEO.

Published on: 11:14AM on 17th March 2009