Firepay & Neteller Solutions


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Posted by Jenny Holmes (207.44.228.112) on 11:46:15 08/03/06

Neteller


The NETELLER Group operates an online funds xvctd transfer service that utilises and extends the existing international banking structure to provide a secure means of transferring funds worldwide. A NETeller account acts as an e-wallet that enables customers (individuals who open NETELLER accounts) to add, withdraw and transfer funds. Members can instantly transfer funds to/from any merchant (or website) that supports NETELLER 's online payments system, and to/from other NETELLER customers. NETELLER UK Ltd., a wholly owned subsidiary of NETELLER plc, is regulated by the Financial Services Authority (FSA) as an approved e-money issuer.

Firepay


Firepay results for the third quarter and nine-month period ended 30 September 2005, demonstrating continued strong growth. On 11 May 2005, Firepay and its subsidiaries acquired the online gaming processing business from a subsidiary of Optimal Group Inc. (NASDAQ: OPMR) and therefore the nine-month period results represent 143 days of operations from 11 May to 30 September 2005. FirePay commenced trading on the AIM market of the London Stock Exchange on 2 June 2005.
To help illustrate the Company’s trading performance since the start of the calendar year, pro forma Firepay results have also been provided. These cover the Firepay trading period of the online gaming processing used at online casinos such as Riverbelle




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