PayByCash™ Now Accepts Giropay For Online Customers In Germany

Dec. 11, 2006 – Charlottesville, VA (December 12th, 2006) – Today PayByCash (Internet Payment Solutions, Inc.) announced the addition of Giropay acceptance to it’s unrivaled suite of more than 50 alternate payment options. Giropay is a fast growing and popular German payment system that offers real-time bank transfers for their customers.

Credit card usage is not very popular among German online customers. The easiest way for online merchants to improve revenues is to extend to their customers the ability to pay in alternate ways. Now PayByCash leverages European bank transfer systems, which have the high customer acceptance in Germany, to provide customers with another familiar, safe, real-time, credit-card alternative.

As usual, existing PayByCash merchant clients automatically gain the benefit of PayByCash’s continued growth without having to revisit their integration or modify any other business processes. Simply put, PayByCash brings free incremental revenue to their merchant clients.

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.

— End —