Acquiring

E wallet Payment throw our Strong partner welcomes the opportunity to present Banks and financial intuitions with a complete turn-key outsourced processing solution to provide multi-currency processing, including both Pay in Your Currency® ("PYC", commonly known as Dynamic Currency Conversion or "DCC") and Multi-Currency Pricing ("MCP"), to the market. Planet Payment has successfully deployed similar processing solutions in over 16 countries across the several countries including the United States, Canada, United Arab Emirates. South Africa, Hong Kong, China, Taiwan, Malaysia, India, Philippines, Singapore, with rollouts in additional markets in Latin America and the Middle East slated for 2011. Leveraging this expertise, we are confident we can quickly develop and expand the scope of our service to Banks to meet the requirements of the market. This document will discuss particulars behind our processing including processing solutions, connectivity, operational responsibility, high level project plan and next steps. In addition, the appendix includes information on processing platform features and functionality.

Introduction

Our Partner , a leading international payment processor, provides acquiring banks and processors and their merchants with innovative solutions that enable them to accept, process and reconcile payments, anytime, anywhere and in any currency.

The Company‟s customer base of more than 45 acquiring banks and processors spans 16 countries from the US, Canada, the Middle East, Africa and Asia Pacific, and we have our own Visa EAS and MasterCard MIP (in each of three regions - US, LAC and AP). Our outsourced-services business model and our single, proprietary, currency-neutral processing platform allow us to enter new markets quickly and cost-effectively. Our solutions help our customers increase efficiency, broaden their product set and open new sales channels. We leverage our state-of-the-art technology to offer our acquiring customers innovative payment solutions that can differentiate product offerings and improve profitability. Our solutions help merchants transform credit card processing from a cost of doing business into a highly effective marketing tool offering enhanced customer service to valued international cardholders. We deliver increased transparency to cross-border commerce and offer international cardholders, whether online or at a shop, restaurant, hotel or bank ATM, the comfort and convenience of paying in the currency they know best – their own.

Headquartered in New York, our global commercial centers include Atlanta, Beijing, Bermuda, Costa Rica, Dubai, Hong Kong, Honolulu, London, Panama, Shanghai, Singapore and Toronto.

Our Value

E wallet Payment Throw our strong Partner provides a full suite of solutions to meet the domestic and international processing needs of banks around the world. Acquirers outsourcing to The platform can quickly and cost-effectively enter new markets, without lengthy development time and cost. Further, our multi-currency processing services allow our acquiring customers to earn new, high-margin revenue streams and help attract and retain merchants.

Our Partner proprietary currency-neutral platform offers seamless delivery of end-to-end processing solutions around the world. With a single global processing platform, we able to respond quickly to emerging technology, evolving security standards and card scheme and governmental oversight. Point-of-sale technology providers and payment gateways, once integrated to our global platform, have the ability to support their merchants wherever they are, without having to replicate the effort to connect to different regional platforms. This platform allows us to support our customers and their merchants, no matter where in the world they operate.

Outsourced Processing Solutions

Our highly flexible model allows us to deliver a payment processing solution that meets your specific strategic, business and operational needs and accommodates required integration within the regional processing environment. One of the primary strengths of our ability to adapt and embrace local or regional imperatives such as language, rounding requirements, currency, intra-country or inter-regional interchange standards, EMV (No PIN, Off-line Pin, On-line Pin), regional encryption standards, local card types, taxes, corporate legalities and even local customs (e.g. tipping at Hotel Checkout).

We have extensive international experience dealing with all facets of credit card processing, debit card processing and related support services and we are confident we can deal with the particular characteristics of the Your market. We have verified with card scheme representatives that we can use our existing LAC Visa and MasterCard endpoints to process transactions for your market and that in fact there are other banks in Most Latin America now using endpoints not physically

We has additional products and services as components of its platform which Banks could use as competitive differentiators and which will serve to increase merchant adoption of PYC. For example, Our integrated MICROS Payment Gateway into its platform, allowing the Company to offer integrated payment support with PYC across all supported MICROS point-of-sale devices. Additionally, the Company offers, its proprietary payment gateway, which provides merchants with secure and reliable payment tools to manage their card-not-present business. The proposed solution will involve processing the authorization and clearing of all PYC transactions submitted by participating Banks merchants. In terms of the transaction flow, it is envisioned that participating Merchants will continue to send all transaction to the Bank existing processor's NAC which, in turn, will route all traffic to our Platform, for authorization and clearing to the appropriate Card Scheme. Additionally, we can provide a solution that to enable PYC for Bank ATM network, in essence allowing cardholders withdrawing money on a Bank ATM to enjoy the convenience of knowing the exact withdrawal amount in the their home currency.

For certain Our solutions, including its gateway and hosted MICROS Gateway solution, all transaction traffic is routed natively to The platform, therefore the optimal design involves Our processing the authorization and clearing of all transactions – both domestic and international.

In the Outsourced mode, Planet Payment is the processor, but all settlement is directed from the card schemes directly to Banks settlement accounts. Comprehensive reporting is provided by MAS to facilitate daily reconciliation down to the penny of all transactions, all card types settled, regardless of the submission currency. The PIF file will be prepared and transmitted to the Interbank Payments Clearinghouse or a selected originating deposit financial institution.

Merchants will see a single integrated online statement in Spanish. We will provide complete and comprehensive BIN ICA reconciliation reporting and a comprehensive set of merchant and acquirer reporting including a merchant-level commission file that may be used to manage account profitability and facilitate payment of sales agent commissions.

A comprehensive set of Acquirer reporting is offered through a web interface which we call PWEB (participant web interface). Direct merchant reporting is also comprehensive and is offered through a web interface which we call MWEB (merchant web interface).