Neteller Enables International Use

7 May 2008

Neteller has launched a new international version of its Netbanx payment system. The system update enables customers to pay online in their own currency and language, using local or global payment cards or other local payment options.

Neteller says the update improves choice for consumers and gives them a better currency exchange rate.

The company also revealed that easyBus, the airport transfer operator, has signed up as a new merchant offering the service.

The following is clipped from Neteller's press release:

The NETELLER Group’s NETBANX platform provides global payments services used by businesses of all sizes to accept payments via the internet, IVR (Interactive Voice Recognition) and call centre channels. This new release delivers specific enhancements that allow merchants to accept payments from overseas customers, including:

--Multi-lingual pay pages that allow merchants to collect payment from consumers in the language of their preference, including English, French, German, Italian, Spanish and Welsh.

--In-stream Dynamic Currency Conversion (DCC) that allows international consumers to pay in their local currency right on a checkout payment page, without having to pay exorbitant acquirer foreign exchange (FX) rates, and without having to wait for their next card statement to see exactly what they have been charged. Merchant’s also have the opportunity share the revenue generated from the foreign exchange transactions that happen on the page.

--Support for all major international card payment brands, including VISA and MASTERCARD.

--Support for a broad suite of European non-card and non-global card payment types to allow merchants to offer more funding options to their consumers, including giropay and ELV for Germany, iDEAL for Holland, Carte Bleu, domestic and international for France, and Carte SI for Italy.