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Neovia reports Sbobet processing contract win

20 July 2009  |  2322 views  |  0 Source: Neovia Financial

Neovia Financial (LSE: NEO), the independent global online payments business, today announced it has been chosen by SBOBET to process payments for its sports betting websites.

SBOBET is a leading global online sportsbook with operations in Asia and Europe. It offers over 500 sporting events every week, including all major soccer leagues and international sporting events. It is the current shirt sponsor of West Ham United in England's Premier League.

As well as its sportsbook brand sbobet.com, SBOBET is about to launch the first 'Live Dealer' Casino licenced by the Isle of Man Government casino.sbobet which will also use NEOVIA to process payments. Both of these sites will be using the NETELLER e-wallet and the NETBANX payment gateway from the NEOVIA Payment Suite for global processing, including across Europe and Asia.

SBOBET chose the NEOVIA Payment Suite because of its ability to take direct payments via a single supplier from around the world in a secure environment.

William D. Mummery, Executive Director at SBOBET, said: "We're working with NEOVIA as its solutions strengthen the offering to our customers while providing us with security and a business edge. We see tremendous scope for developing our B2C offering from our Isle of Man presence to a global audience."

Dan Starr, Executive Vice President at NEOVIA, said: "SBOBET is a great example of a global business that's using our NETELLER e-wallet combined with the unique Unified PayPage checkout technology of our NETBANX gateway. This allows SBOBET to provide a secure, easy-to-use experience for its customers in Asia and Europe."

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