Optimal Payments to become Issuer of Prepaid Cards

London, Thursday August 30th, 2012 – Optimal Payments (LSE: OPAY) (“Optimal”), a leading online payments provider, announces that it is to become an issuer of prepaid cards including, as of November 1st, 2012, its own Net+ MasterCard® prepaid card.


As the direct issuer of its own award winning MasterCard® prepaid card, Optimal Payments will be able to more quickly grow the Net+ programme and actively pursue additional commercial opportunities.


“We are excited to announce this move”, said Danny Chazonoff, Chief Operating Officer of Optimal Payments. “We believe it further enhances our sound reputation as we continue to extend our solutions to merchants and consumers built around our innovative proprietary technology platform.”


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For over a decade, the NETELLER Service has provided businesses and individuals with a fast, simple and secure way to move money online. As one of the world’s largest independent money transfer businesses, we process billions of dollars’ worth of transactions each year. Trusted by merchants and consumers alike, our financial services span more than 180 countries across a broad spectrum of industries and businesses. The NETELLER service is operated by Optimal Payments Limited™.

Founded in 1999, Optimal Payments Limited provides businesses and individuals with an online alternative to traditional payment methods.We help customers get their money where it needs to go securely and privately, and give businesses an option for accepting payments and making payouts in markets where traditional methods may not work. Millions of customers around the world have used their NETELLER Account to pay and get paid on thousands of sites and to send money to individuals around the world. And with Net+ Prepaid MasterCards® linked directly to the funds in their eWallet, they also enjoy instant access to their cash at millions of MasterCard® point-of-sale, ATM and online locations.

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About Optimal Payments Plc


Trusted by businesses and consumers in over 180 countries to move and manage billions of dollars each year, Optimal Payments Plc is the leading payments company offering a true alternative to banks and card schemes. Merchants use the NETBANX® processing service to simplify how they accept and settle card, direct-from-bank, and cash payments; and the NETELLER® payment account to increase margins, capture new customers and increase their lifetime value. Being independent has allowed the company to support tens-of-thousands of retailers and merchants in many geographies and across multiple industries.

Optimal Payments Plc is quoted on the London Stock Exchange's AIM, with a ticker symbol of OPAY. Subsidiary company NETELLER (UK) Ltd is authorised and regulated as an e-money issuer by the UK's Financial Services Authority (FSA).

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