Optimal Payments Renews Agreement with Loto-Québec

Company will continue to provide fully-customized services for Espacejeux.com

LONDON, MONTREAL and NEW YORK, March 19, 2014 /CNW/ - Optimal Payments Plc (LSE AIM: OPAY), a leading global online payments provider, announces that it has renewed its current agreement with Loto-Québec to continue providing its services for Espacejeux.com.

Launched in December 2010, Espacejeux.com is authorized by the Quebec Government and provides Quebec residents with responsible online gaming options in a regulated and secure environment.

Loto-Québec has been at the forefront of regulated gaming in North America and Optimal Payments was chosen as the exclusive online payments provider when it showcased its fully-customized solution in a competitive RFP process.  Today, customers on Espacejeux.com can use credit cards, Interac Online and online bill payment to fund their accounts and bank transfers (EFT) to receive payouts. Optimal Payments also implemented Quebec residency validation and age verification as part of the customer registration process.

"We are pleased to continue our exclusive relationship with Loto-Québec and to be an integral part of the growth and success of Espacejeux.com," said Neil Erlick, executive vice president business development, Optimal Payments. "Our experience and expertise in regulated gaming provides Loto-Québec with the security of knowing they have a trusted partner that can meet their regulatory requirements and understands the fast evolving online gaming market." 

"Optimal Payments has been a valuable partner in helping us achieve our vision for Espacejeux.com, "said Luc Morin, director of new product development, Casinos du Québec."

Optimal Payments has been delivering e-commerce and multi-channel businesses with trusted online payment solutions since 1996. This renewed relationship with Loto-Québec solidifies our long-standing reputation for delivering customized services and solidifies Optimal Payments' place as a global market leader in the payments industry.  

About Loto-Québec

Loto-Québec's mission is to responsibly manage games of chance in a controlled and measured fashion, in the interest of all Quebecers.

About Optimal Payments

Optimal Payments is a global provider of online payment solutions. Trusted by businesses and consumers in almost 200 countries to move and manage billions of dollars each year, merchants use the NETBANX^® processing service to simplify how they accept and settle credit card, direct-from-bank, and cash payments; and the NETELLER^® payment service to increase margins, capture new customers and increase their lifetime value. Being an independent provider has allowed the company to support tens-of-thousands of merchants around the globe across a wide range of industries.  Optimal Payments Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Conduct Authority (FRN: 900015).

For more information on Optimal Payments visit www.optimalpayments.com or subscribe at  http://www.optimalpayments.com/media/email-alerts.

SOURCE: Optimal Payments Plc.

Head of Investor Relations, Jessica Stalley, Optimal Payments Plc, + 44 207 182 1707, [email protected]; Media Contacts - United Kingdom: Caroline Merrell / Shelly Chadda / Georgia Colkin, Citigate Dewe Rogerson, + 44 207 638 9571 / [phone], [email protected]; Media Contacts - Canada: Erin Cudmore, Zenergy Communications, [phone], [email protected]; Media Contacts - United States: Richard Anderson/Emily Simmons, Feintuch Communications, [phone] / [phone], [email protected]