PayByCash™ Begins Accepting Mister Cash Payments in Belgium

Dec. 12, 2006 – Charlottesville, VA (December 12th, 2006) – Today PayByCash (Internet Payment Solutions, Inc.) deployed their acceptance of Bancontact’s Mister Cash from online consumers in Belgium. This new payment method, developed with the support of Belgian banks, can be used to make online purchases on Belgian websites and complements PayByCash’s expanding suite of alternate payment offerings. This new solution will open up e-commerce to an entirely new group of buyers.

Mister Cash is a cost effective system enabling European merchants to extend Belgium’s most popular payment method to their customers (8 million users). Efficient, trustworthy and easy to implement through PayByCash, this real-time bank transfer payment method will attract new online customers by offering them a convenient and secure way to pay.

PayByCash is already strongly positioned in the European marketplace and continues to integrate new payment methods based on customer demographics and demand. PayByCash Merchant Clients have the ability to extend Mister Cash to their customers free of charge.

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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