Netbanx

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NETBANX
Type Public (LSE: NLR)
Founded 1996
Headquarters Cambridge, United Kingdom
Industry Financial Services
Products Payment Gateway,Payment Service Provider
Website www.netbanx.com

Netbanx allows merchants and retailers to accept and process Web or call centre captured global payments via credit cards, debit cards, pre-paid cards, and a range of other payment types. The company is located in the United Kingdom and has been offering payment services since 1996. Netbanx is a division of global payments company Neteller PLC Group.

The company indicates it processes online and telephone financial transactions for a range of industries, including government bodies, universities, insurance companies, small and large businesses[1]. One of Netbanx's customers is the UK government's business registration agency, Companies House.

Contents

[edit] Products and services

Netbanx falls into the payment gateway and payment service provider types of financial services solutions. The company offers card not present (CNP), online, and call centre/interactive voice response (IVR) payment processing. The company’s processing service is 3-D Secure[2] and PCI compliant[3].

The company supports payment through and partners with all the major payment brands and networks, including Visa, Mastercard, Maestro, Visa Electron, Diners Club, American Express, Delta, JCB, Lloyds TSB Cardnet, Barclaycard, RBS Streamline, HSBC, HBOS, Direct Debit, Giropay, ELV, iDEAL, Poli, and the Neteller e-wallet. These relationships allow the company to process payments from most major countries.

Netbanx primarily generates revenue by charging fees to merchants for each transaction that is processed through the company’s system.

Netbanx supports companies that already have their own acquiring bank relationships. The company also offers acquiring & bureau services to expedite the process of a new company getting a acquiring relationship/merchant-ID so they can accept payments online.

[edit] Security

The company offers a range of fraud, identity and security features[4] to combat online payment and card fraud. These include PCI DSS, 3-D Secure, BIN and IP blocking, and address verification.

[edit] Notes

  1. ^ Company Website: About Netbanx
  2. ^ Company Website: 3-D Secure
  3. ^ Company Website: PCI compliance
  4. ^ Company Website: Fraud and Security

[edit] See also

[edit] External links