VALENCIA, Calif. – NETbilling, one of the preeminent payment processors serving the adult entertainment industry, celebrated its 16[SUP]th[/SUP] anniversary July 7.

According to founder and President Mitch Farber, the company has grown exponentially since NETbilling debuted in 1998, aided in part by the company’s expansion into ancillary areas like call center services and merchant account acquisition.

“We’d like to thank all of our NETbilling clients and business partners who trust in us to help grow their online and retail businesses,” Farber said. “Our entire staff at NETbilling and I are sincerely grateful for clients’ business and loyalty to our company for so many years.

“All of us involved with NETbilling as owners and employees have worked extremely hard to provide exceptional service to our clients and business partners,” he continued. “We strive each day to help each one become more profitable selling merchandise and services. We’re extremely thankful to have everyone as part of our NETbilling family.”

This year alone, NETbilling has added several new processing banks for e-commerce, as well as a free equipment tablet and phone swipe processing program for retail and mobile customers.

Farber said NETbilling processes millions of transactions monthly for companies worldwide, thanks to a tradition of innovation. He anticipates new features will be released during the second half of the year.

For more information, visit NETbilling.com.