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Neovia Financial Q3 revenues drop 21%

Tuesday 10 November 2009 14:11 CET | News

UK online payment services provider Neovia Financial has seen its Q3 2009 total revenues decline by 21 percent, as compared to the same interval in 2008.

During the period under review, fee revenue stood at USD 14.9 million, as compared to USD 15.7 million reported in the previous quarter. The number of active e-wallet users rose to 98,357, up 3 percent from Q2 2009, while daily sign ups increased 9 percent to 1,115 over the same period.

Most recently, the company renewed its contract with npower, under the terms of which it will continue to provide debit and credit payment processing services to npowers 6.8 million residential and small/medium enterprise customers.

 


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Keywords: Neovia Financial, npower, online card payment processing, credit card, debit card, online payment, Neovia Payment Suite
Categories: Payments & Commerce
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