(Corrects currency of reporting to dollars from pounds in
Sept 16 Online money transfer company Optimal
Payments Plc's pretax profit for the first half soared
as sales at its NETELLER e-wallet business nearly doubled during
The company, which helps customers use credit card, debit
card and direct debit processing through a proprietary online
gateway, said it will continue to assess merger and acquisition
Pretax profit rose to $15.5 million, for the half year ended
June 30, from $1.7 million a year earlier. Revenue rose 50
percent to $118.4 million.
Optimal Payments, which was formerly known as Neovia
Financial Plc, recently tied up to provide its NETELLER eWallet
services to Payline - an online payment company operated by
Shares in the company closed at 229.25 pence on the London
Stock Exchange on Friday.
(Reporting by Aashika Jain in Bangalore; Editing by Supriya