Optimal Payments Partners with Emergent Payments to Support International Growth of Digital Businesses
MONTREAL, LONDON (September 16, 2015) -- Optimal Payments Plc (LSE AIM: OPAY), a leading global online payment solutions provider, has partnered with Emergent Payments, a global payments company that enables digital businesses to accept secure payments around the world, to integrate the NETELLER® service and Net+® Card Stored Value solutions into Emergent Payments’ offering.
Through this agreement, Emergent Payments customers looking to offer digital services across a range of vertical markets will be able to access additional payment methods to support their growth internationally. Markets including China, South East Asia, Latin America and India have become significant, high-growth contributors to the global economy, presenting a ripe opportunity for global merchants to expand into emerging markets.
The partnership also enables Optimal Payments to expand its presence globally via Emergent Payments’ U.S. client-base. Optimal Payment’s NETELLER® global payment network provides international coverage in emerging markets such as Latin America and South East Asia, in which Emergent Payments specializes. The convenient and secure platform offers more than 100 payment options through a single API connection, and 24/7/365 customer service available in 15 languages. NETELLER® also protects clients from fraud through its no-chargeback guarantee.
Mitch Davis, Chairman and CEO at Emergent Payments said: “At Emergent Payments, we are focused on providing the deepest set of payment methods in the $1.7T emerging markets space, and the highest conversion rates for our Merchants. Fast growing markets like LATAM, Asia, India and MENA are driven by local methods other than credit cards. Our turn-key payments platform, Pay+, enables digital businesses to monetize globally while managing local issues and complexities with cross-border payments. This partnership with Optimal Payments allows us to deliver an even wider range of high quality payment solutions within our Pay+ platform to cater to our clients’ business growth needs.”
Lorenzo Pellegrino, executive vice president of NETELLER® at Optimal Payments, added: “Our NETELLER® service was designed to help meet the ever-changing needs of the ecommerce market and help businesses grow. This partnership is yet another important step in our strategy to further expand our presence globally. We are pleased to partner with Emergent Payments to provide their clients with secure and trusted payment options around the world.”
About Emergent Payments
Emergent Payments enables global enterprises to accept secure payments in emerging markets around the world, and has a premiere clientele of digital merchants including, Samsung, DayBreak Games Company and Wargaming.Net, among others.
Emergent was formerly called Live Gamer, a company founded in 2007 to help game developers monetize their content globally. The Live Gamer team gained insights and expertise around developing and servicing the monetization needs of game publishers around the world and, in particular, in the complexities of handling payments in international markets. After Live Gamer's successful sale of its micro-transaction platform in 2014, the management team decided to build upon this expertise in global payments and refocus the company, bringing their learning from the games industry to a market that is substantially larger – global digital ecommerce. In 2015, they launched Emergent Payments, a company dedicated to helping global digital enterprises to successfully navigate the complicated process of accepting payments in emerging markets.
For more information, please visit www.emergentpayments.net.
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Hotwire PR for Emergent Payments
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About Optimal Payments Plc
Optimal Payments is a global provider of online payment solutions, trusted by businesses and consumers in over 200 countries and territories to move and manage billions of dollars each year. Merchants use the NETBANX® platform and services to simplify how they accept credit and debit card, direct-from-bank, and alternative and local payments; and the NETELLER® service to increase revenues and capture new customers. Consumers use the multilingual and multicurrency NETELLER and Net+® Card stored-value offering to make secure and convenient payments. Optimal Payments completed the acquisition of Skrill Group in August 2015, a leading digital payments business providing digital wallet solutions and online payment processing capabilities in addition to pre-paid online vouchers and invoice and instalment payment services through its Skrill, paysafecard and payolution brands. Optimal Payments Plc is quoted on the London Stock Exchange’s AIM, 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 (FRN: 900015).
For further information, please contact:
Optimal Payments Press Office
Head of Investor Relations
Optimal Payments Plc
+ 44 207 182 1707
Simon Hudson/Andrew Dunn/Simon Fluendy
+44 20 7920 3150