Payment Suite to provide payment processing to help student doctors to study for exams

Monday, 20 April 2009 - NEOVIA Financial Plc (LSE: NEO), the independent global online payments business, has been chosen by Dr Podcast, to provide an online payment gateway for its service that helps doctors with their professional medical exams.

Bristol-based Dr Podcast is an online service for UK doctors who are studying for their exams, currently specialising in anaesthetic podcasts. Students can download questions and model answers for the whole primary FRCA syllabus plus tips on how to excel in the exam on to an MP3 player like an iPod, letting the student study anywhere. The NEOVIA Payment Suite is currently being used at Dr Podcast’s payment pages to process the payment. Dr Podcast is planning to expand the service to other specialities such as general medicine, surgery, paediatrics and others further expanding the opportunity for NEOVIA’s payment services.

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 lets consumers 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 internet payments direct from consumers’ online bank accounts using the POLi service.

Dan Starr, Executive Vice President of the Merchant Services division at NEOVIA, said: “This is an excellent use of embracing the web and harnessing it to deliver real benefits. We give merchants and consumers the security they need when shopping online.”

For more information on Dr Podcast, visit: http://www.dr-podcast.com

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Contacts:

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

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: 12:30PM on 20th April 2009