Neteller signs Cardsave to payments suite

Source: Neteller

The Neteller Group (LSE: NLR), the independent global online payments business, has announced it has signed a contract and started the implementation to provide online payment services through the NETELLER Payment Suite for Cardsave, one of the UK's leading providers of financial and business services for independent retailers with over 28,000 member companies.

The NETELLER 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+ allows merchants extend customer lifetime value through consumer focused card loyalty programs.

Payment via the hosted payment suite is quick and easy and allows merchants of any size to take payments online via credit and debit cards or direct debit. The service also accommodates non-card payment types specific to particular countries, such as the giropay system used in Germany or iDEAL service in the Netherlands. This means that even the smallest UK business can now open their doors to world-wide markets.

Clive Kahn, CEO of Cardsave, said 'Through this relationship with the NETELLER Group, Cardsave has again shown its commitment to bringing leading and innovative products to our members. The NETELLER Payment Suite is the best solution to remove the barriers for UK companies to compete with other retailers online - both inside and outside the UK.'

Ron Martin, President and Chief Executive Officer of NETELLER, said 'Our services help drive merchant success through innovation, simplicity and value. The Cardsave agreement means that the NETELLER Group has significantly extended its distribution and business opportunity for the NETBANX gateway, NETELLER e-wallet and our other services.'


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