MasterCard and Optimal Payments Sign Five Year Strategic Partnership Agreement

MasterCard and Optimal Payments Sign Five Year Strategic Partnership Agreement

Net+ Prepaid MasterCard Programme Set for European Growth

LONDON, UK, Dec. 5, 2012 (GLOBE NEWSWIRE) -- via PRWEB - Optimal Payments
(LSE:OPAY), a leading global online payment provider, is pleased to announce
today the signing of a new five year deal with MasterCard International
Incorporated ("MasterCard") which will see them collaborating to drive growth
of the prepaid market in Europe, focused around the successful Net+ Prepaid
MasterCard® programme.

This follows the announcement on 30 August, 2012 that Optimal Payments Limited
was to become an issuer of prepaid cards including, as of 1 November, 2012,
its own Net+ MasterCard® prepaid card. As the direct issuer of its own award
winning MasterCard® prepaid card, Optimal Payments will be able to more
quickly grow the Net+ programme and actively pursue additional commercial
opportunities. The Net+ card offers cardholders a powerful tool to transfer
money and spend anywhere MasterCard is accepted.

Marion King, President of UK and Ireland at MasterCard commented: "We are
delighted to be working closely with Optimal Payments, including Optimal's own
Net+ brand, as part of our commitment to the growth of the prepaid business in
Europe. Our latest MasterCard research shows Europe to be one of the fastest
growing regions for prepaid and this latest strategic partnership demonstrates
our vision and pledge to this. MasterCard Prepaid cards provide a safer,
faster and more convenient alternative to cash while also giving consumers the
freedom to budget and segment their spending. At MasterCard, we are committed
to using our technology and expertise to continually improve a number of
benefits to consumers, issuers, and merchants whilst offering the state-of
–the-art security protection of the MasterCard payment system".

Danny Chazonoff, Chief Operating Officer at Optimal Payments, commented:
"Becoming an issuer of our own Net+ prepaid card programme represents the
first step in building out our business in prepaid, a rapidly growing market.
With the continuing support of MasterCard, we are working to develop new
features to make our award winning Net+ Prepaid MasterCard even more widely
available to merchants and consumers throughout Europe."

For further information contact:

Optimal Payments
Andrew Gilchrist, EVP Corporate Affairs
Tel: +44 (0) 203 5447 250
investorrelations(at)optimalpayments(dot)com

MasterCard
Neil Henderson, Head of Communications, MasterCard UK & Ireland
Tel: +44 (0) 207 557 5175
neil_henderson(at)mastercard(dot)com

NOTES TO EDITORS

About MasterCard Worldwide

As a leading global payments company, MasterCard Worldwide prides itself on
being at the heart of commerce, helping to make life easier and more efficient
for everyone, everywhere. MasterCard serves as a franchisor, processor and
advisor to the payments industry, and makes commerce happen by providing a
critical economic link among financial institutions, governments, businesses,
merchants, and cardholders worldwide. In 2010, $2.7 trillion in gross dollar
volume was generated on its products by consumers around the world. Powered by
the MasterCard Worldwide Network – the fastest payment processing network in
the world – MasterCard processes over 23 billion transactions each year and
has the capacity to handle 160 million transactions per hour, with an average
network response time of 130 milliseconds and with 99.99 percent reliability.
MasterCard advances global commerce through its family of brands, including
MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit,
debit, and prepaid; and its innovative platforms and functionalities, such as
MasterCard PayPass™ and MasterCard inControl®. MasterCard serves consumers,
governments, and businesses in more than 210 countries and territories.

For more information, please visit us at http://www.mastercard.com. Follow us
on Twitter: @mastercardnews.

About Net+ Prepaid MasterCard

The award-winning Net+ Prepaid MasterCard is one of the leading prepaid cards
available today and forms part of Optimal Payments' card issuing solutions for
merchants and consumers. The Net+ Prepaid MasterCard is available in 8
currencies, has low fees, and offers cardholders a powerful tool to transfer
money and spend anywhere MasterCard is accepted. The Net+ Prepaid MasterCards
are issued by Optimal Payments Limited pursuant to a licence from MasterCard
International Incorporated. MasterCard is a registered trademark of MasterCard
International Incorporated.

About Optimal Payments

Optimal Payments is a global provider of online payment solutions. Trusted by
businesses and consumers in over 190 countries to move and manage billions of
dollars each year, merchants use the NETBANX® processing service to simplify
how they accept and settle credit card, direct-from-bank, and cash payments;
and the NETELLER® payment account to increase margins, capture new customers
and increase their lifetime value. Being an independent provider has allowed
the company to support tens-of-thousands of merchants around the globe across
a wide range of industries. Optimal Payments Plc is quoted on the London Stock
Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company
Optimal Payments Ltd is authorised and regulated as an e-money issuer by the
UK's Financial Services Authority (FRN 900015).

For more information on Optimal Payments visit http://www.optimalpayments.com
or subscribe at http://www.optimalpayments.com/feed or follow us on Twitter:
@optimalpayments.

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2012/12/prweb10199636.htm

CONTACT: Optimal Payments Plc
         Andrew Gilchrist, EVP Corporate Affairs
         andrew.gilchrist@optimalpayments.com
         +44 (0) 203 5447 250
 
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