YESpay focuses on global growth via Mobile Payments, E-Commerce and Virtual Card services.

M2 PRESSWIRE-February 9, 2011-: YESpay focuses on global growth via Mobile Payments, E-Commerce and Virtual Card services(C)1994-2011 M2 COMMUNICATIONS

RDATE:09022011

YESpay-V-Cards pre-paid accounts will be used as novel payment methods for mobile and fixed Internet goods and services. These virtual cards stored on the mobile YESpay-WalletsTM will work like cash and will be used for small and large payments, as often as the user wants. The top-up or recharging can be conducted at retailer stores using cash or credit card, through bank accounts and on the mobile via credit/debit cards. The youth market, particularly teenagers, who do not have credit cards, will have much to gain.

Customers can create their individual YESpay-Wallet in which they can add details of their credit and debit cards as well as create virtual cards called YESpay-V-CardsTM they can then make card payments at YESpay web merchants or by using the YESpay-Wallet Mobile App in-store. This will extend customer experience at potentially all our merchant locations, said Tasneem Bunglowala, YESpay Mobile App Product Manager.

YESpay regularly processes millions of cardholder payments for its merchants and predicts mobile payment will attract customers and merchants alike looking to experience the speed, ease and convenience of paying with their mobile phone.

EPOS solutions providers, Mobile App and web developers can contact YESpay International Limited via sales@yes-pay.com or 0871 221 9510 to request integration guides and obtain more information about the YESpay mobile payments strategy.

About YESpay International Limited:

YESpay, a global card payments service company, provides highly secure Internet, EMV Chip & PIN, contactless and gift card payment processing services to independent and multi-chain merchants. Through EMBOSS, the YESpay Managed Payment Service, merchants can quickly accept integrated card payments within EPOS, kiosks, hospitality and e-commerce systems with minimal capital investment and low on-going services costs.

EMBOSS is an on-line IP-based payment processing service that has been generically pre-accredited by major Card Acquirers in Europe and North America (including Chase Paymentech, First Data Merchant Service (FDMS), Barclaycard Business, HSBC, HBOS, Lloyds Cardnet, Streamline, Ulster Bank, Elavon, PBS, Amex and Diners).

In addition, the YESpay EMBOSS service is fully end to end certified to Payment Card Industry Data Security Standards (PCI DSS) Level 1 as mandated by Visa and MasterCard. The YESpay EasyV-Suite of card payment products is innovative and cost-effective for EPOS, Kiosk, Hospitality, Mobile and Internet environments. With the YESpay EMBOSS card payment service, merchants can perform card payments in both card-present and card-not-present environments.

www.yes-pay.com

YESpay International Ltd Offices: UK Headquarters: Checknet House, 153 East Barnet Road, Barnet, EN48QZ, UK 133 Richmond Street West, Suite 406, Toronto, ONTARIO, M5H2L3 CANADA UK/Europe Telephone: +44 203 006 3790 USA/Canada Telephone: +1 416 214 - 6012

PR Contact: Antonia Mitsana, Marketing Manager, +44-203-006-3790 ext. 227antonia.mitsana@yes-pay.com

YESpay-Wallet and related marks are trademarks of YESpay International Limited. The BlackBerry and RIM families of related marks are the exclusive properties and trademarks of Research In Motion Limited.

Apple, iPhone and iPod touch are trademarks of Apple Inc., registered in the U.S. and other countries.

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).