"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."