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News Archive

Processing Online Payments

by Msecadm4921

Shop Direct Group, the UK online and home shopping retailer, is having all payments online, and by telephone, processed by Payment Network from NEOVIA Financial Plc.

NEOVIA was selected to process all payments for Shop Direct Group’s brands via online and telephone (MOTO and IVR) sales channels in the UK, Ireland and continental Europe. Shop Direct Group has annual sales of around £1.7 billion, via Littlewoods, Woolworths.co.uk, VERY.co.uk, Additions, Marshall Ward, Empire Stores, Choice, Great Universal and Kays. Shop Direct Group’s online sales now represent about 70 per cent of all units sold. Since going live NEOVIA has seen an increase of 29 million transactions (on an annualised basis) being processed through its NETBANX gateway from Shop Direct Group.

As well as taking over the issue of compliance, NEOVIA will provide new payment types to the retail group’s customers, including PayPal, NETELLER, Giropay and iDEAL.

Dan Starr, Chief Marketing Officer for NEOVIA said: “We are pleased and excited that Shop Direct has chosen NEOVIA for both its traditional card and alternative payments. This is another large-scale client win for NEOVIA.”