Optimal Payments Plc Overview
Pro stress-test →Optimal Payments is a global provider of online payment solutions, trusted by businesses and consumers in over 200 countries and territories to move and manage billions of dollars each year. Merchants use the NETBANX® platform and services to simplify how they accept credit and debit card, direct-from-bank, and alternative and local payments; and the NETELLER® service to increase revenues and capture new customers. The company completed a transformational acquisition of Skrill in August 2015, significantly expanding its digital wallet and prepaid payment offerings.
Strategic Profile
Pro stress-test →Optimal Payments completed the acquisition of Skrill Group in August 2015, a leading digital payments business providing digital wallet solutions and online payment processing capabilities in addition to providing pre-paid online vouchers in Europe with its paysafecard and Ukash brands. The company positioned itself as a comprehensive payments platform spanning stored-value services, payment processing gateways, and prepaid card issuance.
Competitive Landscape
Pro stress-test →The Skrill Group is one of Europe's leading digital payments businesses providing digital wallet solutions and online payment processing capabilities and is one of the largest prepaid online voucher providers in Europe with its paysafecard brand. Primary competitors in the global payments space include PayPal, Stripe, Square, and regional players in digital wallets and prepaid solutions.
Industry Context
Optimal Payments Plc operates in Online payment processing and digital wallets.
Key facts
Headquarters: Douglas, Isle of Man · Revenue: $253.4M (2013) · Market cap: N/A