NETELLER pushes Centricom into Europe

Neteller Group, a well-known online payment company and Centricom Pty Ltd, famous for its payment tool POLi payment service, joined their efforts and have established a joint venture, called Centricom Europe Limited. The aim of this establishing is distributing of POLi service in Europe. Hitherto POLi, or Pay Online was operating in three countries: Australia, New Zealand and, with its partner ATM Solutions, South Africa.

Under the JV, the Group also declared the launching of POLi payment service for the UK market. it will be performed by means of NETBANX, the payment processing tool of NETELLER. A new enterprise will be owned by both parties 50/50.

Both parties think that this Joint venture will be profitable and will allow POLi to get to a new level. By this time POLi has shown itself as a reliable, safe and convenient method of online payments. It possesses all key features to meet the requirements of today's consumers, such as paying online without cards and paying from the trusted internet banking service. So, the only thing left to do is to wait. Time will show everything.  

Aynny, reporter of Ecommerce Journal