WHITE PLAINS, N.Y. - Billing company NetCash announced Tuesday that it has paid out $20 million to the 5,000-plus websites using its service.
"We are very excited to share this exciting news," CEO Peter Shapiro said. "Our focus is on growing revenues for our clients through incremental sales. Generating $20 million in payouts for our clients in less than a year is a testament to the results NetCash has delivered for them."
NetCash claims its service has helped clients increase sign-ups and revenue by as much as 12 percent. The company also is a primary payment processor and authorized sales agent for many of its clients.
"NetCash has been a great solution for us for the better part of a year," said Becky DeForest, CEO of Adult Revenue Service. "We have been using both their primary credit-card processing, as well as their anonymous solution, on all of our sites. We could not be more pleased with their performance."
Industry leaders such as Hustler, AEBN, Python, Sex-Key and DeluxePass also are among NetCash's clients.
