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Press Release: Ivobank

 
London, UK – 3 September, 2008 – Ivobank, an online banking service specialising in online payments and money transfer services, launched its product offering in more countries across Europe today. Offering faster and cheaper cross-border and online payments, Ivobank is now available in France, Italy and Germany as well as the initial launch countries (UK, Spain, Ireland and Canada).
 
Launching in more countries means that even more online bankers, gamers and shoppers throughout Europe can take advantage of the benefits offered by an Ivobank account.
 
Customers can take advantage of secure and fast online payments, 24/7 customer support via telephone, online Live Chat and secure email, and competitive rates of interest on deposits held (up to 4.5% AER). On top of this, Ivobank allows customers to move money instantly from their account to friends and family overseas for free, making it very attractive for international money transfers. For example, parents can now transfer money to a child who may be studying in France, or European property owners can now send maintenance money overseas to management agents without the inconvenience and cost of exchange fees and delays. All senders and recipients need to do is to open Ivobank accounts, which is quick and easy to do online.
 
Timothy Sawyer, Managing Director of Ivobank, said: “More businesses and people are now choosing to bank online, make payments and transfer money on the Internet. Following our successful launch in the UK, Ireland, Spain and Canada, we are looking forward to opening up our rapid payments service to more customers across Europe and plan to introduce our service to even more European countries shortly.”
 
Customers in France, Italy and Germany will also have access to a virtual debit card - The Ivobank Virtual Card - which can be used to make purchases online anywhere that MasterCard is accepted. Every time customers use the card a new card number is produced and customers can set a transaction limit for each card number -- this means that once the transaction has been made, the card cannot be reused, increasing security for online shoppers.
 
Online gaming merchants and businesses can benefit from competitive rates of interest on deposits held (up to 4.25% AER) while all funds transferred by customers are indemnified and settled immediately, 24 hours a day seven days a week. Low transaction fees and multi-currency settlement with localised payment options make Ivobank an attractive option for companies based in these new countries.
 
Customers in France, Italy and Germany can find out more or apply for an Ivobank account online at www.ivobank.com.  There is no sign-up fee and no minimum deposit. 
 
Ivobank is authorised and regulated by the FSA and adheres to the Banking Code.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

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UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

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Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

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Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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