ARTICLE · 13 MARCH 1998

DataCash Ltd. Announces The Completion Of The DataCash Payment Component v2.0

DataCash

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DataCash is the UK's leading service-provider of internet Credit Card & Debit Card authorization and settlement - and Microsoft e-Commerce Partner.

DataCash is approved by NatWest, Giro Bank and American Express and will shortly add Barclays and Royal Bank of Scotland to the list of acquiring banks. All major Credit & Debit Cards are supported, including VISA, Visa Delta, Visa Purchasing, MasterCard, American Express, Switch, Solo and JCB. Settlement of monies are directly into the merchant's bank account and are performed overnight.

This component (a software module that is designed according to Microsoft standards) will allow Merchants to do secure, real-time Credit Card & Debit Card authorizations via the internet, using their own NT based webservers. (Clearance time: sub 5 seconds.) The customer will not be 'zapped' away to another website or webserver. All payment procedures are integrated into the merchant's webserver, leaving complete control over the payment procedure

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