Pesopay Ebigay Express Activation

PesoPay eCommerce (Credit Card) eBigay Service Plan

1. FREE PayAlert Service (Anti-fraud) 2. FREE PayCart Shopping Cart module 3. Includes PesoPay Expess Activation Special Philippine Introductory Offer until September 30, 2007 Plan Description

Starter Plan PESO or DOLLAR settlement

Standard Plan PESO or DOLLAR settlement

Merchant Account

PesoPay Master Merchant Account

PesoPay Master Merchant Account

Not Required

Not Required

Deposit Choice of Credit Card

Visa, MasterCard, American Express, JCB

Choice of Account Currency

PHP Philippine Peso

Deferred Payment

30 days

30 days

Payout Frequency

1 and 16 every month

1 and 16th every month

Sales, Authorized, Void, Refund

Sales, Authorized, Void, Refund

Merchant description on statement

Full Merchant name

Full Merchant name

Average Setup Lead Time (approx.)

Upon completed application submission:

Upon completed application submission:

4 weeks

4 weeks

P150,000

P1,000,000, subject to approval

PesoPay Account Setup (one time) 4 (All rates VAT Inclusive)

PHP 7,000

PHP 11,000

PesoPay Account Monthly Fee (prepaid 12 months) 5 (All rates VAT Inclusive)

PHP 1,000 PHP 1,600

PHP 1,450 PHP 1,600

4.4% 4.5% + PHP 10.00

4.4% 4.5% + PHP 6.00

Waived PHP 4,500

Waived PHP 4,500

PHP 500 per case

PHP 500 per case

Transaction Support (real-time)

Monthly Transaction Upper Limit

st

th

st

Service Pricing

Transaction Processing Fee for successful transactions only (* with PayAlert, fraud-check and 3D service)

(All rates VAT Inclusive) Testing Account Support Fee (optional) (All rates VAT Inclusive) Chargeback Processing Fee (All rates VAT Inclusive)

Valued-added Services and Support PayCart Shopping Cart module

Provided Free

Provided Free

Payment link tools

Provided Free

Provided Free

Provided by bank

Provided Free

Monthly Statement / Settlement Fee

Provided Free

Provided Free

Settlement Exchange Rate Charges

Provided Free

Provided Free

Refund Handling Fee

Provided Free

Provided Free

Chargeback Support

Provided Free

Provided Free

Account eStatement

Remarks :

1.

The competitive payment service plans are offered for commercial companies registered in the Philippines. All fees (except transaction fee) are to be paid in advance and are not refundable.

2.

Instead of adopting bank’s practice requesting merchant a guarantee deposit from 1-3 months sales to safeguard business risk, an alternate merchant control of 30-day deferred payment is adopted.

3.

PesoPay Account Setup fee includes the service and support on application processing, implementation technical and operations support and production account and key setup arrangement with the bank. It includes the basic setup for Visa, MasterCard, American Express, and JCB for Philippine Peso currency. PesoPay Account Monthly Fee includes the account service and use of the PesoPay platform and technical support. For nonPremier plans, it also covers the service and support on account settlement reconcilement, merchant settlement twice a month, and refund processing. PesoPay Account Setup fee also includes PesoPay express activation service, which comprises the basic setup and activation of the following in the Merchant's website: shopping page, customer profile registration, check out page which will be integrated to PesoPay payment page when the merchant account is turned over. The fee is a 12 month pre-payment for the basic package service and support for Visa, MasterCard, American Express, and JCB of Philippine Peso currency.

4.

PesoPay will charge PHP 6.00 pesos on transaction processing while our bank partner may charge 4.5% subject to bank’s final offer and merchant’s prior eCommerce history.

5.

The average fee starts from 4.5% and maybe tiered down based on future sales volume. Higher fee may be charged for merchants with higher risk business models (e.g. intangible goods and services) or payment transaction of micro payment nature. Final fee percentage is subject to application assessment and approval.