| Type | Public company |
|---|---|
| Traded as | 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 | $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.
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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]
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]