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NETELLER Plc (LSE: NLR), the independent global online payments business, today announced the first product in a new suite of  prepaid, reloadable debit and remittance cards for its customers in Europe and Asia Pacific.

The first of these products, a new prepaid card, is tied to a customer's NETELLER e-wallet account, and can be used at over 24 million ATMs and Point-of-Sale (PoS) terminals worldwide.

"The ability for our customers to access and use funds from their e-wallets at over 24 million online and offline outlets worldwide is very important to both them and us." said Ron Martin, NETELLER President and CEO.  "As we continue to grow our business in Europe and Asia Pacific, we believe this new prepaid debit programme will allow us to open up new areas of business."

The new prepaid card replaces the existing NETELLER Card.  The new card will offer customers more flexibility and significantly lower pricing than the previous card.  Importantly the new card will be available in multiple currencies and is tied to the customer's e-wallet account, saving the consumer foreign exchange fees.  The Group expects the new prepaid card to be available to customers by the end of May 2007.

The existing NETELLER Card is being withdrawn on 3 May 2007, as previously communicated to customers and merchants, in accordance with a notification very recently received by NETELLER from the third-party card provider.  Canadian customers can continue to use their existing NETELLER Card but only on the Interac network and only in Canada.

Additional information and pricing on the new prepaid cards may be found on the Group's website at http://web.neteller.com/content/en/about_the_neteller_card.htm.

About the NETELLER Group

Trusted by millions of consumers in over 160 countries to move and manage billions of dollars each year, the NETELLER Group operates the world's leading independent online money transfer business. The Group specializes in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange, or distance. Being independent has allowed the Group to support thousands of retailers and merchants in many geographies and across multiple industries.

The Group is quoted on the London Stock Exchange's AIM market, with a ticker symbol of NLR. NETELLER (UK) Limited is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about the Group visit http://www.netellergroup.com/.