MONEYBOOKERS GAINING GROUND
29 January 2010
Membership growing rapidly, deposits
increasing and business volumes up
The online payment facility Moneybookers has released an
end-of year 2009 trading statement revealing that it has
achieved several milestones including a dramatic surge
in customers and eCommerce volume.
In addition,
Moneybookers has signed partnerships with big brand
names including eBay.com, Skype and Thomas Cook. These
achievements make Moneybookers one of the most
successful global payment companies and also one of the
fastest growing IT companies in Europe, a company
spokesperson claimed this week.
Co-chief
executives Martin Ott and Nikolai Riesenkampff detailed
the company's achievements in the update, pointing out
that the company has:
* Signed up its 10
millionth customer to its eWallet (64 percent growth
year-on-year)
* Has experienced a surge in
eCommerce volume of 120 percent
* Witnessed
doubling of deposits in customer accounts
*
Increased staff headcount by over 150 to 400
*
Extended online merchant base from 35 000 to 60 000
including major names such as eBay.com, Playfish, Skype
and Thomas Cook
* Is the sixth fastest growing UK
technology company
While the overall industry has
been struggling, Moneybookers has continued to
outperform the market. Its eCommerce transaction volume
surged by 120 percent compared to a global trend in
overall online transaction volume of only 15 percent
growth (IDC 2007).
Merchants and customers alike
have benefited from Moneybookers' competitive offering
which includes a fully integrated worldwide banking
network, with over 80 local payment options in more than
200 countries, all with low transaction fees. In
addition, Moneybookers has market-leading security and
risk management expertise, which protects customers'
personal data and offers merchants charge-back
protection.
Moneybookers has been voted one of
the most successful global payment companies and also
one of the fastest growing IT companies in Europe. This
was recently recognised at the 2009 Media Momentum
Awards, where Moneybookers won the Best Execution and
Judges' awards. In addition, the influential Sunday
Times Microsoft Tech Track 100 league table ranked
Moneybookers as the sixth fastest growing technology
company.
Martin Ott, co-chief executive, said:
"We are delighted that our eWallet is now being used by
over 10 million customers. Its convenience and ease of
use makes it extremely popular and more than 13,000 new
customers are signing up for an account every day. In
addition, customers are making more use of their eWallet
with deposits doubling since the start of the year.
Merchants are benefiting from this with a substantial
increase in customer conversion rates.
"Moneybookers
continues to go from strength to strength and we are
confident of building on this momentum into 2010."
Nikolai Riesenkampff, co-chief executive, added:
"The absolute simplicity of the eWallet makes it very
attractive to customers. But this also comes with
industry-leading security and fraud prevention measures.
Instead of entering credit card details for each
transaction, our customers need only input their details
once and they can then manage their account with an
email and password. Merchants can also feel secure with
our charge-back protection.
"This is a key driver
of our growth and will help us continue to provide an
optimum service to both merchants and customers."
Online Casino News Courtesy of
Infopowa
More news here.
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