Optimal Payments and 888 announce partnership to provide payment processing services to licensed U.S. online gaming operators

Press releases

Optimal Payments and 888 announce partnership to provide payment processing services to licensed U.S. online gaming operators

Dec 03, 2013

London, Montreal and New York Tuesday 3 December 2013 – Optimal Payments Plc (LSE AIM: OPAY) (“Optimal Payments”), a leading global online payment provider, announces that it has extended its existing partnership with 888 Holdings Plc (LSE: 888) (“888”), a leading global provider of online gaming services, to offer an integrated suite of payment processing services for the licensed U.S. online gaming market.

Under the partnership Optimal Payments’ services are offered as a pre-integrated solution for the 888.com brand and all other licensed operators who use the 888 platform in the U.S. gaming market. The Optimal Payments solution includes payment, gateway and digital wallet services specifically designed to meet the stringent requirements of U.S. state gaming regulators, and is already live and processing for licensed operators. 888 currently have agreements in place with operators in Nevada, New Jersey and Delaware.

Itai Frieberger, Chief Operations Officer of 888, commented: “We have worked in partnership with Optimal Payments for more than 12-years, delivering deep and robust joint solutions for our own brand and our platform operators around the world. We are very pleased to extend this partnership for the licensed U.S. online gaming market.”

Joel Leonoff, President & CEO of Optimal Payments, added: “888 are a long-time, strategic partner for Optimal Payments. We are very excited to extend our relationship with 888 as we deliver on our own strategy to provide a complete solution for the licensed U.S. online gaming market.”

For further information contact:

OPTIMAL PAYMENTS PLC

NORTH AMERICA GAMING SALES

Neil Erlick, Executive Vice President, Business Development
+ 1 514 380 2746
neil@optimalpayments.com

MEDIA RELATIONS

LONDON: CITIGATE DEWE ROGERSON

Caroline Merrell / Nicola Swift / Priscilla Garcia / Shelly Chadda
+ 44 207 638 9571

CANADA: ZENERGY COMMUNICATIONS

Erin Cudmore

+1 416-591-5461
opay@zenergycom.com

UNITED STATES:FEINTUCH COMMUNICATIONS

Richard Anderson/Emily Simmons
+1 718-986-1596 / 212-808-4904
optimal@feintuchpr.com

OPTIMAL PAYMENTS INVESTOR RELATIONS

888 HOLDINGS PLC

Jessica Stalley
+44 207 182 1707

UNITED STATES: HUDSON-SANDLER

Alex Brennan / Michael Sandler/ Laura Olson-Reyes

+1 702-584-7742

ABOUT 888

888 is a global gaming entertainment destination, with localised offerings providing players the games they want in the language they speak with significant functionality and interactivity. The 888 gaming experience is now available in 19 languages to over 150 countries and provides something for players of all abilities. 888 is a leader in corporate responsibility, with specialist websites dedicated to both responsible gaming and corporate responsibility so that customers can play in a safe and secure environment.

ABOUT OPTIMAL PAYMENTS PLC

Optimal Payments is a global provider of online payment solutions. Trusted by businesses and consumers in over 200 countries and dependencies to move and manage billions of dollars each year, merchants use the NETBANX® processing service to simplify how they accept and settle credit card, direct-from-bank, and cash payments; and the NETELLER® payment service to increase margins, capture new customers and increase their lifetime value. Being an independent provider has allowed the company to support tens-of-thousands merchants around the globe across a wide range of industries. Optimal Payments Plc. is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Conduct Authority (FCA, FRN: 900015).

For more information on Optimal Payments visit www.opay.g3dlabs.com or subscribe at www.opay.g3dlabs.com/feed or follow us on Twitter @optimalpayments.

MEDIA AND INVESTOR CONTACTS

Optimal Payments' media relations team can be contacted through the Media Relations Contact page. Relations with the investor and analyst community are managed by Citigate Dewe Rogerson who can be contacted through the Investor Relations Contact page.