3V Appoints VCCP, VCCP digital and Teamspirit for integrated launch

Friday, 10 November 2006

3V Transaction Services Ltd has appointed VCCP, VCCP digital and Teamspirit to launch its innovative pay-as-you-go VISA Voucher in the UK following a competitive pitch.

VCCP has been appointed for the press advertising campaign, VCCP digital for the online campaign and Teamspirit for the PR campaign. The media schedule focuses on consumer publications targeting the 16 to 24 age group, as well as non UK nationals working in the UK.

Niki Akhurst, Commercial Director for 3V, commented, “3V is a win-win-win situation. It’s a win for the consumers who can now shop online, a win for the online merchants who broaden their customer base and reduce their transaction costs and a win for retailers who’ll see increased footfall.”

Akhurst continues, “We already have proven product, technology and consumer demand following a successful pilot within the Irish market. 3V has successfully recruited 60,000 Irish members since 3V Vouchers were introduced in late 2005 and we’re confident that the agencies we have selected to work with us across Europe will help us replicate that success“.

Peter Polster, who heads up the 3V account at Chime-owned VCCP, explains the thinking behind the creative route, which uses the strapline: ‘Now you don’t need a credit card to shop online’.

“3V has a unique and powerful product benefit - It enables everyone to shop online,” he says.

“That’s why we chose to use animals in the adverts – making the point that if they can shop online with 3V, anyone can.”

3V Vouchers go live in the UK market today, backed by a £2 million marketing campaign. The roll-out then extends to Germany, France, Spain and Holland in 2007. 3V has just raised €20 million in Series A funding from Atlas Venture and Benchmark Capital Europe to fund the expansion.

3V Vouchers can be purchased by anyone aged 16 or over and can be used to shop online wherever VISA is accepted. The 3V Voucher is simple to buy, just like purchasing mobile phone top-up.

The key features and benefits of the 3V Voucher are:

? It’s as easy as buying mobile phone top-up
? Secure – security details are delivered separately by phone or email when you buy your 3V Voucher
? Convenient - available from up to 25,000 participating payzone shops across the UK
? Accepted worldwide on any website displaying the VISA logo – use just like a credit card anywhere online
? Available in amounts between £20 and £200, at a one-off cost of £3.50 per voucher
? Money back at anytime for £1.75 – even if lost or stolen

To register for a 3V Customer Card, go to www.3vcash.com. 3V Vouchers are available from any of the participating payzone shops across the UK.

- Ends -

For further information, please contact Jo Carr or Sam Holl at Teamspirit PR on 020 7438 9400 or jcarr@teamspirit.uk.com or sholl@teamspirit.uk.com.

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