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SOURCE: Plug & Pay Technologies Inc.

Plug & Pay Technologies announces the availability of Point-of-Sale Payment Terminal for Retail Merchants

Cutting-edge product will deliver retail capability with internet based authorizations

Hauppauge, NY, April 14, 2004

Plug & Pay Technologies, Inc., one of the nation's leading secure Internet gateways, announced today that it has successfully launched its retail payment Point of Sale terminal for its "brick and mortar" customers.

Plug'n Pay has chosen the popular VeriFone Omni 3750 payment terminal due to its SSL and IP / Ethernet capability. Transactions are securely routed over the internet (Retail over IP) to the world-class payment gateway infrastructure of Plug'n Pay and then onto any of the major credit card payment processors. Retail merchants using this new product get the functionality of a traditional high-speed point-of-sale terminal along with all the value-added services to which Plug'n Pay E-Commerce merchants have long been accustomed, including realtime online transaction reporting and management. Using this new product, E-Commerce merchants with "brick and mortar" establishments can now seamlessly integrate their online and physical-world payment processes into one service provider.

"Plug'n Pay has always been at the forefront of providing cutting-edge credit card processing solutions to our Internet merchants," said David Price, President of Plug'n Pay. "Our merchants have been asking us to apply the superior echnology and features that we offer for E-Commerce transactions to their 'brick and mortar' stores, and our introduction of the Verifone Omni 3750 answers those requests. We are extremely pleased to be bringing this new Point-of-Sale capability to our customers."

Plug'n Pay will distribute the terminal through its reseller channel- banks, credit card independents sales organizations (ISOs) and web hosting and development companies.

Plug and Pay Technologies, Inc., 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 eading 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
Source: Company Press Release

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