Strategic Partnership

Datacash Group PLC 30 May 2007 30th May 2007 PrePay Technologies ink strategic partnership agreement with DataCash. PrePay Technologies Limited, the market leader in Stored Value prepaid card solutions based in London, have established a strategic partnership agreement with DataCash, the UK's leading bank independent payment services provider. This strategic partnership enables Merchants to accept PrePay Technologies' stored value payment cards to settle consumer's transactions both on-line and in the store. With DataCash offering a broad range of payment options from one source, Merchants can simplify reconciliation and reduce the cost of offering multiple payment methods. DataCash provides a single, secure interface into its wide range of payment instruments which will now include an option to process prepaid cards from PrePay Technologies. In addition to its electronic payment services, DataCash also provides Fraud and Risk Management and Back Office Treasury and Reconciliation services. Laura Ashley, who have worked with PrePay Technologies over the last 2 years, now out-source their on-line and high street payment services to DataCash and will be the first Merchant to take advantage of the new service, offering the card as a method of payment at all 178 High Street outlets. Commenting, Gavin Breeze, Business Development Director for DataCash, said: " DataCash's support of PrePay Technologies' further extends the breadth of the payment service that we offer to our merchants. We see stored value cards as being a key component of any merchant's payment offer and are delighted to be offering PrePay Technologies' product alongside our other card based services." Garry Comley, Chief Technical Officer at PrePay Technologies stated: "We are extremely pleased to have established a relationship with DataCash. The off-the-shelf integration solutions developed with DataCash will help overcome many of the obstacles posed by Point of Sale (POS) Integration." MasterCard certified, EMV Chip & PIN Compliant and FSA regulated; PrePay Technologies Limited is licensed to issue e-money across Europe and currently deliver successful prepaid card programmes for leading corporate clients including Mirror Group Newspapers, Rugby Football Union (RFU), Debenhams, Ticketmaster, Comet, Clydesdale Bank, Yorkshire Bank, the Arcadia Group (Topshop, Topman, Burton, Miss Selfridge, Outfit, Evans, Dorothy Perkins, Wallis), Capital Incentives (ACCOR), Laura Ashley, Family Fund, Western Union, LOVEFiLM and Gift Days Out. - Ends Notes to Editors • About PrePay Technologies Ltd PrePay Technologies Ltd. is an international market leader in designing and delivering stored-value card solutions including prepaid debit cards, retail gift cards, corporate incentive cards and insurance claim cards. From its data centres in the UK, the company creates stored-value programmes and manages several million stored-value card accounts for large brands such as Debenhams, Mirror Group Newspapers, Comet, Clydesdale Bank, Yorkshire Bank, Ticketmaster, Capital Incentives (ACCOR), Arcadia Group (Top Shop, Top Man, Burton, Miss Selfridge, Outfit, Evans, Dorothy Perkins, Wallis), Laura Ashley, Western Union, Gift Days Out and the Grass Roots Group. MasterCard certified, EMV Chip & PIN Compliant and FSA regulated; PrePay Technologies Limited is licensed to issue e-money across Europe. PrePay Technologies Ltd. is a privately held venture, with investors and strategic partners including GE Capital, (www.gecapital.com), GRP Partners (www.grpvc.com), Arts Alliance (www.artsalliance.com) and the LINK Interchange Network Limited (www.link.co.uk). For further information please contact: Amit Sharma Tel: +44 (0) 207 0344 344 Corporate Marketing Manager E-mail: amit.sharma@prepaytec.com Website: www.prepaytec.com • About DataCash DataCash Group PLC (AIM: DATA), a market leading provider of payment processing solutions, provides merchants with a single interface that allows them to process secure payments, both on and offline, anywhere in the world. DataCash also provides a range of value added services with its fraud and Risk Management solutions supporting AVS/CV2, 3-D Secure (Verified by Visa and MasterCard Secure Code) together with traditional rules-based screening. DataCash provides first-class service reliability at a fraction of the price of an in-house solution, servicing clients within the retail, travel, telecommunications and gaming sectors. For further information please contact: DataCash Group PLC Gavin Breeze Tel: +44 (0)870 727 4760 Director E-mail: gavin.breeze@datacash.com Emma Kitching Tel: +44 (0)870 727 4760 Marketing Manager E-mail: emma.kitching@datacash.com Website: www.datacash.com This information is provided by RNS The company news service from the London Stock Exchange

Companies

Globaldata (DATA)
UK 100

Latest directors dealings