EFT Canada Inc.

EFT Canada Inc.

September 09, 2009 13:07 ET

EFT Canada Signs Vendor Agreement With Bell Canada

TORONTO, ONTARIO--(Marketwire - Sept. 9, 2009) - EFT Canada Inc. (TSX VENTURE:EFT), a leader in electronic transaction processing, today announced an agreement with Bell Canada, the country's largest communications company, to provide its Bell Business Markets division with a fully integrated business-to-business (B2B) and business-to-consumer (B2C) electronic transaction processing platform.

The solution will enable customers of Bell Business Markets to automate and process the collection and disbursement of funds online.

The EFT Canada application is a division specific solution, acting as a virtual gateway, simplifies and automates the processing of electronic funds transfer in Canada. The solution is expected to assist the Bell Business Markets in competing for and completing special projects.

"Through our comprehensive and leading solution, the Bell Business Markets is gaining a powerful and easy to use transaction processing platform," said Jonathan Pasternak, EFT Canada President. "Having been chosen by Bell as a vendor and being able to meet their high standard vendor code of conduct and practices, further enforces our credibility in the marketplace."

EFT Canada, founded in 2003, is a financial processing company that offers a complete solution to the collection and payment processing needs of small and medium sized business merchants, banks, credit unions, and other financial firms in Canada and the United States. The Company develops, maintains and delivers innovative electronic transaction processing technologies, such as customized electronic payment and collection processing solutions and gift and loyalty card services, by drawing on its operational and applications expertise. For more information, please call Jonathan Pasternak 416-781-0666 or visit www.eftcanada.com.

This press release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ significantly from those projected herein.

The Toronto Stock Exchange nor the TSX Venture Exchange have reviewed and do not accept responsibility for adequacy or accuracy of the content of the information contained herein.

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