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PaymentOne: Leading 3D Game Provider Selects PaymentOne

^{Published on 2008-12-22 07:20:24, Last Modified on 2008-12-22 07:21:06 - Market Wire}
 

SAN JOSE, CA--(Marketwire - December 22, 2008) - PaymentOne® Corporation today announced that Perfect World Entertainment, a subsidiary of Perfect World Co., Ltd. (NASDAQ: [ PWRD ]), that publishes free-to-play, online games and provides online services in North America, has signed an agreement with PaymentOne to deploy "no credit card required" payment options.

Under the agreement, Perfect World will offer its consumers the option to use PaymentOne's flagship PhoneBill™ service, a safe and convenient "no credit card required" payment option.

"We are pleased to be working with another market leader, Perfect World Entertainment, and to help them drive more monetization of their services," said Brad Singer, Executive Vice President of PaymentOne. "PaymentOne continues to rapidly expand in the online services and games markets as the leading no credit card required payment service provider."

About PaymentOne

PaymentOne Corporation is one of the world's fastest growing online Payment Services Providers (PSPs). Founded in July 2000, PaymentOne has pioneered payment and marketing services that connect digital merchants and network operators and accelerate the adoption of online content and services by over 25%. Based in Silicon Valley, PaymentOne has generated over $3 billion in new digital revenue over the last 36 months for its clients and partners. The company manages a network of over 1000 telecommunication/broadband providers, mobile operators and content partners including leading ISPs, BSPs, Telcos, broadband operators and media companies such as America Online, Sulake (Habbo), IMVU, Blizzard Entertainment and Time Inc.

To help online merchants attract, convert and retain a wider audience, PaymentOne's integrated suite of revenue optimization services include a unique set of non-credit card payment alternatives, macro and micro payments, identity verification and fraud detection, traditional payment processing, global payments, and a co-marketing distribution network. The company's flagship PhoneBill service provides merchants with access to over 220 million consumers with mobile, broadband and landline accounts.

To learn more about PaymentOne, visit [ www.PaymentOne.com ] or call 800-747-4028.

About Perfect World Entertainment

Perfect World Entertainment, a subsidiary of Perfect World Co., Ltd. (NASDAQ: [ PWRD ]), publishes free-to-play, online games and provides online services in North America. The Company primarily publishes three-dimensional, or 3D, online games based on the Perfect World proprietary Angelica 3D game engine and game development platform.

Perfect World Entertainment's goal is to provide North American users with perfectly polished gameplay, exceptional localization, the highest quality customer service, and an unparalleled online community experience.

For more information on Perfect World Co., Ltd. visit [ http://www.pwrd.com ]