EPS Real-time Bank Transfer Payments From Austrian Customers Are Now Accepted by PayByCash™

Dec. 12, 2006 – Charlottesville, VA (December 12th, 2006) – Today PayByCash (Internet Payment Solutions, Inc.) has become one of the first alternate payment providers to begin accepting EPS in Austria, allowing PayByCash customers to pay for premium content and digital downloads online – just in time for the holidays.

Increasing numbers of consumers in Austria are using online banking to handle day-to-day transactions, and real-time nature of the processing model is a robust addition PayByCash’s expanding suite of alternate payment methods.

More than two million people in Austria currently use Internet banking, and each one of them can now also use EPS through PayByCash’ to purchase goods or services from merchants using PayByCash for their alternate payment processing. This is an important addition to the PayByCash range of services, making life even easier for Austrian online customers.

About PayByCash:

Internet Payment Solutions, Inc. (“PayByCash™”) provides more than 50 payment methods reaching into all regions of the world, typically with no transaction fee. Most payment methods cannot be charged back. One straightforward integration gives merchants all the PayByCash payment options. PayByCash handles all foreign currency acceptance and customer billing support.

PayByCash has been empowering non-credit-card customers and the Internet businesses that want to reach those customers since April, 1998. PayByCash bridges the gulf between merchants seeking to take advantage of the Internet’s global reach and consumers who want or need to pay without a credit card. Through PayByCash, merchants gain the ability to easily accept an unprecedented and constantly expanding breadth of payment methods via a single, easy integration. PayByCash is the straightforward way to reach credit constrained customers and those in areas of the world where credit cards are not widely used.

More information about PayByCash can be found at: http://www.paybycash.com.

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