PAYNOVA AND SPERO.SE IN PAYMENT ALLIANCE
Paynova and Spero.se, a challenger on the Swedish gaming market, have signed an agreement for use of the Paynova electronic wallet. This complements the existing payment methods that Spero.se currently offers its gaming customers over the Internet. The agreement is the second in a short time to include payout services, a business area where Paynova reckons growth will expand a great deal within the next few years.
Spero Online AB started its public activities in October 2003 with a licence from the Swedish National Gaming Board and currently offers consumers a number of gaming products marketed and sold at www.spero.se.
“We are David fighting Goliath, but we are making progress and are making slow but steady progress in the wake of the big boys,” says Jörgen Nordlund, CEO of Spero Online AB. “We are gradually increasing our market share and now that we can offer Paynova’s payment system, we can not only provide our customers with access to a secure and high-quality payment option, we are also getting a cost-efficient system for paying winnings that is easy to handle.”
Paynova has previously identified payouts as a transaction service with huge volume potential and where the electronic wallet is suitable and cost-efficient from the perspective of both the e-retailer and consumer.
“Payment of, among other things, gaming wins is a very interesting area, where there is huge potential for us,” says Pelle Hjortblad, CEO of Paynova AB. “The foundation is in the functionality of Paynova’s payment service and the link to the financial infrastructure that we have already constructed for banks and card companies."
www.spero.se
www.paynova.com
For further information contact:
Mats Jonnerhag, Information Manager, Paynova AB
Tel: + 46 (0)708 –754 920, e-mail: mats.jonnerhag@paynova.com
Pelle Hjortblad, CEO, Paynova AB
Tel: + 46 (0)701-810 110, e-mail: pelle.hjortblad@paynova.com
Jörgen Nordlund, CEO, Spero Online AB
Tel: +46 (0)733 – 828 888, e-mail jorgen.nordlund@spero.se
Thomas Hedenström, Marketing Manager, Spero Online AB
Tel: +46 (0)707 – 593 243, e-mail: thomas.hedenstrom@spero.se
About Spero
Spero Online AB was founded in 2003. The company is operated by Föreningen Spero and is owned by PAF Ålands Penningautomatförening, IOGT-NTO and A-lotterierna. Spero has a licence from the Swedish National Gaming Board to operate lotteries and direct games on the Internet and mobile phones. The company’s vision is to be the creative challenger, providing customers with a gaming experience beyond the normal. The gaming service www.spero.se currently has a huge portfolio, including scratch cards and Keno games that can be accessed via the Internet and mobile phones. Spero.se was the first company in the world to launch mobile scratch cards as MMS in August 2004.
About Paynova
Paynova (listed on NGM: PAY) is a Payment Service Provider (PSP) with a complete transaction processor offering several services/forms of access for payments and other transfers via the Internet.
The payment services focusing primarily on the Travel, Media and Retailing sectors include the Paynova Wallet, Large Enterprise Services, Mobile Services, Partner Network Services and Payout Services. Transactions are processed between e-retailers, consumers, banks and other players rapidly, simply, securely and cost-effectively.
Paynova’s transaction processor and payment services are linked, together with traditional banks, card companies and other PSPs, to a comprehensive financial infrastructure with both geographical cover and options for minimising transaction costs.
Paynova’s Partner Network includes well-established Internet banks, card companies (VISA, MasterCard etc.), PSPs and other similar players (GZS/easycash, Paybox, TripleDeal, WM-DATA etc.). Via VISA and MasterCard, Paynova can connect transactions globally with more than 20,000 banks. Paynova’s current market focus is Europe.
Important agreements have recently been signed with, for example, Ryanair, SJ, Swebus Express and CDWOW.