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AtlasCapital FX trading platform selects Neovia e-wallet as payment option

08 December 2009  |  2136 views  |  0 Source: Neovia Financial

Neovia Financial Plc (LSE: NEO), the independent global online payments business, is pleased to announce the signing of AtlasCapital for the Neteller e-wallet to be added as a payment mechanism for its new internet FX-trading platform Atlas eForex, launched last week.

ATLAS eForex is part of AtlasCapital Financial Services Ltd and is headquartered in Limassol, Cyprus. AtlasCapital provides services to investment and commercial banks, as well as managing real estate investments and developments and is a member of AtlasGroup, one of the largest conglomerates in South-East Europe. It is entering the rapidly expanding currency exchange trading market with ATLAS eForex. Foreign currency trading is the world's biggest short-term investment CFD market with trillions of dollars traded daily. Previously AtlasCapital's foreign exchange clients were institutions but now with ATLAS eForex, it is offering the platform to private customers who want to speculate on the movement of currencies.

As proof of having the perfectly tailored solution for this industry and its customers, NEOVIA will be providing its free-to-use NETELLER E-wallet, part of the NEOVIA Payment Suite. Currency trading is a high-volume, high-frequency business and NETELLER allows ATLAS eForex traders to instantly and safely deposit funds from trading and move large amounts of money in real-time in and out of their trading accounts. This means by using NETELLER's real-time transaction processing capabilities ATLAS eForex has a market-leading processing solution in place for its customers, plus NETELLER keeps traders' investments separated and instantly available through the free Net+ Prepaid card.

The NEOVIA Payment Suite also features the NETBANX international payments gateway and Net+TM 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 Net+ cards allow merchants to extend customer loyalty and lifetimes. As well as cards, the NEOVIA Payment Suite supports online payments direct from consumers' online bank accounts.

Dan Starr, Executive Vice President of Sales, Marketing and Products at NEOVIA said: "We are thrilled to be part of AtlasCapital's plans to launch ATLAS eForex and this is another example of NEOVIA's competence being utilised to move money across the globe in the most efficient and convenient way. This contract win demonstrates our capabilities in the forex trading market, building on our existing relationships with AvaFX, FxPro, RetailFX, UWC (United World Capital) and FineXO. The NETELLER e-wallet provides a convenient deposit and withdrawal proposition to FX traders, while merchants benefit from indemnified funds transfers and reduced charge back risk."

Mr Predrag Pavlicic, Managing Director at Atlas Capital commented: "We are delighted to be working with NEOVIA and using the NETELLER E-wallet. When we looked at adding a payment mechanism for ATLAS eForex, it became clear that NEOVIA was the leader in the industry. Since working with them, we've been very impressed with their professional approach toward web business and partnerships. NEOVIA's payment capabilities play an instrumental part in our customer experience philosophy and we believe it is the perfect cash-in and cash-out tool for daily high-volume, high-frequency trading."

AtlasCapital will be immediately offering ATLAS eForex to 25,000 clients in the Balkan region, with plans to roll it out over the next six months to Greater Balkan, Europe, The Middle East and later to Asia and Latin America.

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