Earthport plc, the UK-based electronic payments provider, signed an agreement to offer payments services to California-based Xoom Corporation.
Xoom Corporation offers remittance products meant to help companies build or expand an international money transfer business by aiding in compliance, technology and distribution issues.
Earthport has also secured its first customer, BetClick, through the agreement with DataCash, which was announced in November of last year. It is now processing electronic payments for BetClick, the UK based sports betting website, through its Universal Payment Network.
Other new contract wins including two with UK money transfer businesses, Express Money Transfer Services Limited and Sahoul Trading Limited.
“Since setting up our new sales and marketing team in the last quarter of 2005, Earthport has won several new clients,” said Mike Harrison, executive chairman of Earthport. “These client wins offer immediate opportunities for revenue growth over the coming months and into the future. They demonstrate increasing confidence in Earthport and increasing recognition that its UPN is the money movement utility of choice, with payment delivery services offered in over 120 countries worldwide.”