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SOURCE: Plug & Pay Technologies Inc.

Plug & Pay Technologies completes integration to the international gateway Pago

Hauppauge, NY, October 8, 2003

Plug'n Pay Technologies, Inc., one of the nation's leading secure Internet gateways, has completed its integration to the international gateway, Pago, based in Germany.

"We are very pleased to be making Pago an important new addition to our list of international partners," said David Price, President of Plug'n Pay. "Pago eTransaction Services GmbH (www.pago-international.com) is jointly owned by Deutsche Bank AG, and Beisheim Holding Schweiz AG, two very well established companies in Europe. We are confident that this new connectivity will give our reseller partners an additional avenue to provide direct merchant account relationships for customers from around the world."

"We are extremely pleased to be partnering with Plug'n Pay, because through this cooperation we can ensure that our E-commerce merchants receive their money quickly and safely," said Ruediger Trautmann, CEO of Pago.

The integration has been completed in cooperation with the internet payment service provider, Smart2Pay (www.smart2pay.com), based in the Netherlands.

About Plug & Pay Technologies, Inc.

Plug'n Pay, founded in 1996, is a leading provider of payment and digital fulfillment solutions for Internet merchants. Plug'n Pay's payment systems allow merchants to accept and manage both credit card and electronic check payments in a secure environment. Plug'n Pay's industry leading digital fulfillment systems allow merchants to offer digital goods for real-time fulfillment and to manage and maintain online membership and recurring billing services. Plug'n Pay is integrated with the most complete selection of the payment industry's processing centers which allows them to provide their on-line payment solutions to any and all customers. Plug'n Pay's services can be located through its web site, www.plugnpay.com, or through its reseller partners.

Contact Information
Randy Ridings, VP Sales
800.945.2538, x8544
rridings@plugnpay.com

About Pago eTransaction Services GmbH

Pago - a joint venture of Beisheim Holding Schweiz AG and Deutsche Bank AG - provides companies around the world with professional know-how and highly effective business solutions in the field of payment processing with a strong focus on the European market. Pago´s Financial Services offer various solutions in different service levels, ranging from basic payment transactions to complete accounts receivable management. The ultimate aim is to achieve, enhance and simplify the core business processes in internet and mail-order trading as well as minimizing the risks of online-business for traders as well as for customers. For more information, visit www.pago-international.com.

Contact Information
Andreas Stefanis
Manager - Marketing and PR
++49 2213208 728
andreas.stefanis@pago.de

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