Payvision Expands Service With Moneybookers

New Integration to Provide Alternative Global Payment Solutions to European Merchants

Amsterdam, Netherlands and London, England.  Payvision, one of the leading international payment solutions providers for the card-not-present marketplace, announced today it has facilitated a fully integrated settlement system with Moneybookers, one of Europe’s largest online payment systems.

Moneybookers offers its customers more than 80 domestic payment options in over 200 countries via its successful eWallet.  It was the first regulated e-money issuer in the UK and has maintained a reputation for market leading security standards ever since.

Payvision has enjoyed a very successful relationship with Moneybookers since December 2008.  Following the full European integration announced today, any new or current Payvision merchant now has the option of adding the Moneybookers eWallet to their website and benefitting from the combined forces of the two companies.

“We’re very excited to enhance our relationship with Moneybookers and provide the most advanced processing technology,” says Rudolf Booker, President/CEO of Payvision.  “This new offering will enhance Payvision’s already extensive suite of unrivaled alternative payment solutions.”

Martin Ott, co-CEO of Moneybookers, said:

“The flexibility, low cost and ease of use of the Moneybookers eWallet has seen our customer base grow enormously as both merchants and consumers benefit from its unique advantages.  Already over 60,000 merchants offer our product and we are pleased to be integrating fully with Payvision in Europe as we look forward to offering our market leading services to an even wider audience.”

Payvision offers card-not-present processing services via its secure, PCI-compliant platform for all major credit cards including Visa, MasterCard, American Express, Discover Card, Diner’s Club, Carte Blanche, JCB and Carte Bleue.  Whether sales are transacted via the internet, mail or telephone, Payvision offers superior processing standards for all these types of transactions with such products as the popular Virtual POS and well as electronic gift/loyalty/stored value solutions

Moneybookers’ eWallet boasts over 11 million account holders.  Customers can pay online without having to give out personal banking details and can instantly transfer money worldwide at very low cost to anyone with an email address. Merchants or shop owners use Moneybookers to offer one of the most popular online payment solutions in the market and boost their conversion rates by providing the largest number of local payment options through a single integration.

About Payvision

Headquartered in Amsterdam with satellite offices in New York, Boston, Madrid and Singapore, Payvision was founded in 2001 by international entrepreneur Rudolf Booker.  This leading international payment solutions provider offers a comprehensive suite of products and services for the card-not-present arena.  Its’ core is built on multiple key components that include domestic global acquiring, multi-currency processing and alternative payment solutions.   Payvision’s multi-tiered platform offers flexible and feature-rich, stream-lined solutions that can be deployed worldwide.  At present, Payvision provides its domestic acquiring expertise to retail communities in over 40 countries and 150 currencies.  To learn more about Payvision, please visit www.payvision.com.