Online Payment Provider Netbanx Increased Transactions by Nearly One Third in 2014

Netbanx is an online payment processing division of Optimal Payments. In 2014, it expanded its US offering through two acquisitions and saw both the payment volume and value increase by almost one third. These and other findings are revealed in a new publication by yStats.com, “Netbanx (An Optimal Payments Company) Company Profile 2015: Online Payment Services.”

Netbanx is a payment provider focusing on online payments processing. The parent company of Netbanx, Optimal Payments, which also owns Neteller E-Wallet, announced plans in 2015 to acquire the company operating another digital wallet, Skrill, for over USD 1 billion. Another acquisition made by Optimal Payments in 2014 of two US-based payment companies was undertaken to expand the Netbanx business, particularly in the USA.

Among the clients of Netbanx are over 10,000 online and multichannel businesses from regulated gambling, gaming, E-Commerce, education, utilities and other sectors. The number of payment transactions processed by Netbanx in 2014, including contribution of the acquired US-based companies, grew by almost a third from 100 million transactions in 2013. The value of payment transactions processed grew proportionally to their volume.

The international online payment methods supported by Netbanx include credit cards, such as American Express, Diners Club, JCB, MasterCard and Visa, but also E-Wallets, for example, Neteller and PayPal. Furthermore, a number of local methods are offered, such as SEPA direct debit in Europe, Interac online transfer in North America and POLi bank transfer in Oceania. In 2014, Netbanx added MasterPass digital wallet to its payment method offering and planned to add Apple Pay.

About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.

Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.

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This release was published on openPR.