LONDON and ZUG, Switzerland, June 25 /PRNewswire/ --

- Moneybookers Continues Rapid Expansion Path With Swiss Online 
Marketplace Partnership

Moneybookers, one of Europe's largest online payment systems,
is today announcing an exclusive partnership with ricardo.ch, the number one
auction site in Switzerland. By providing an easy to use and trusted solution
with the most extensive international network of domestic options,
Moneybookers has secured the partnership and is looking forward to rapidly
accelerating growth in the Swiss market.

By integrating the Moneybookers solution, ricardo.ch will be
able to increase customer conversion rates by providing a secure, trusted and
easy to use payment service for its buyers and sellers. Utilizing
Moneybookers' extensive network of domestic payment options, it will also be
able to ensure that all of its users are able to make instant payments via
internet or email - whether they are based in Switzerland or neighboring
countries.

"Sellers can now accept customer credit cards and domestic
bank transfers risk free on our site", comments Peter Oertlin, Managing
Director of ricardo.ch. "Moneybookers has enabled us to give our members a
novel and secure payment service and we firmly believe it will help us obtain
new customers so as to advance our conversion long-term."

Security and usability have always been of paramount
importance for ricardo.ch. By integrating the Moneybookers payment solution
it will be able to continue its own claim of comprehensive security for its
members. Moneybookers is the only online payments provider to guarantee zero
charge backs for merchants, due to its extensive and sophisticated risk
management measures which incorporate IP address verification, credit history
checks and blacklists.

With over 1.5 million members, ricardo.ch is the leading
internet auction platform in Switzerland and part of MIH, a sub company of
South African media group Naspers. While Moneybookers already has over 10,000
merchant customers as well as almost 5 million users, the partnership will
help firmly establish it as the leading provider of online payments in
Switzerland and further support its growth across Europe.

"With the additional risk management steps that we take at
Moneybookers, as well as our escrow service, buying and selling is now much
safer for ricardo.ch customers," comments Martin Ott, Co-CEO of Moneybookers.
"We're extremely pleased to announce this partnership with a leader in the
European e-commerce market and look forward to deploying our payment solution
across other countries of the MIH Group very soon."

About Moneybookers: Moneybookers Ltd. (http://www.moneybookers.com) is
one of Europe's largest online payment systems offering domestic payment
options in more than 40 countries and customer service in 12 languages. With
almost 5 million account holders, Moneybookers is one of the largest
e-wallets worldwide. Moneybookers enables any business or consumer to
securely and cost-effectively send and receive payments online, simply by
using an email address. More than 10,000 merchants use Moneybookers' gateway
product, among them global e-commerce brands such as Skype, Foto.com, and
ricardo.ch. Chairman of the Board is Dr. Thomas Middelhoff. Moneybookers was
founded 2001 in London and is regulated by the Financial Services Authority
of the United Kingdom (FSA).

About ricardo.ch: ricardo.ch was founded in Switzerland in
November 1999 and has been part of South African media group Naspers.
ricardo.ch Plc, based in Zug and with 85 employers, is the leading Swiss
online marketplace with 400,000 current offers and 1.5 million members.

For press enquiries please contact: Toby Walsh, Rhubarb PR -
+44(0)777-337-4545