PesoPay eCommerce (Credit Card) 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 Premier Plan Standard Plan

PESO or DOLLAR settlement PESO or DOLLAR settlement
Merchant Account Direct Internet Merchant Account PesoPay Master Merchant
with bank Account
Deposit Subject to BDO Equitable PCI Not Required
Bank
Choice of Credit Card Visa, MasterCard, American Express, JCB
Choice of Account Currency PHP Philippine Peso
Deferred Payment N/A 30 days
Payout Frequency Daily subject to bank 1st and 16th every month
Transaction Support (real-time) Sales, Authorized, Void Sales, Authorized, Void, Refund
Merchant description on statement Full Merchant name Full Merchant name
Average Setup Lead Time (approx.) Upon completed application Upon completed application
submission: submission:
4 weeks 4 weeks

Monthly Transaction Upper Limit Subject to BDO Equitable PCI Subject to BDO Equitable PCI
Bank Bank

Service Pricing
PesoPay Account Setup (one time) 4 PHP 24,000 PHP 15,000
(All rates VAT Inclusive)
PesoPay Account Monthly Fee (prepaid 12 PHP 2,800 PHP 1,600
months) 5 (All rates VAT Inclusive)

Transaction Processing Fee - Bank’s Merchant Discount Rate+ 4.5%

for successful transactions only 0.5% + PHP 6.00
(* with PayAlert, fraud-check and 3D service) or PHP 8.00 per transaction; (To be automatically deducted)
(All rates VAT Inclusive) whichever is greater
(To be billed)
Testing Account Support Fee (optional) waived waived
(All rates VAT Inclusive) PHP 4,500 PHP 4,500
Chargeback Processing Fee Subject to BDO Equitable PCI PHP 500 per case
(All rates VAT Inclusive) Bank
 Valued-added Services and Support
PayCart Shopping Cart module Provided Free Provided Free
Payment link tools Provided Free Provided Free
Account eStatement 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

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 non-
Premier 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 expess 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.