Dear Editor, PayByPhone has a major announcement this Wednesday about one of the largest NFC payment systems for parking in the world. Can't find an email address in order to send the news release. It is embargoed until 12/14. PayByPhone Adds Near Field Communications for Mobile Payments at San Francisco’s 30,800 Parking Meters San Francisco’s PayByPhone System is One of the Largest Near Field Communications Projects in the World SAN FRANCISCO, Calif., Dec. 14, 2011 – Drivers visiting San Francisco can now use their cell phones to pay for parking at the city’s 30,800 parking meters. While meters are a great way to get rid of change, there is now a simple alternative -- pay with your cell. PayByPhone, a leading provider of mobile payment systems for parking, today announced one of the largest rollouts of pay by phone parking and the deployment of near field communications (NFC) technology in the world. Each parking meter will have a PayByPhone sticker with an embedded NFC chip that allows payment by NFC-enabled phones or mobile app. Drivers can also call an automated voice system. All parking meters continue to accept payment with coins. The updated PayByPhone system is already active in the Castro district and will soon be available citywide as installation of the NFC stickers is completed. This is the fourth and largest deployment of PayByPhone parking payment systems in the Bay area. The three previously installed systems, that are not yet NFC-enabled, include 750 municipal parking spaces in Redwood City; and in Oakland, Douglas Parking, a private enterprise, have automated more than 2,000 parking spaces at their facilities. Impark also has a PayByPhone installation at Oakland’s Jack London Square. The NFC sticker, used by PayByPhone and manufactured by Cellotape, Inc. in Fremont, has a passive electronic chip that does not require a battery and stores information that can be read wirelessly by any NFC-enabled phone. Each meter in San Francisco will have a PayByPhone sticker; users can simply wave or tap their phones over the NFC logo on the sticker to automatically launch the parking application. The mobile payment system recognizes the user, identifies the individual parking location, and the driver enters the expected parking time to complete the transaction in seconds. Text message reminders are sent to the driver’s phone before the parking period expires, and allows additional time to be purchased via the phone from any location. A receipt is automatically sent to the user’s email account. “This is one of the largest deployments of NFC technology in the United States and shows the practical benefits this technology can deliver in terms of ease of use and convenience. There has been a lot of hype around NFC recently and PayByPhone is pleased to now put the technology in the field for real world applications,” said Neil Podmore, vice president of business development at PayByPhone. “We expect this to help kick start the more widespread adoption and understanding of the practical benefits of NFC in 2012.” -2- Installations of mobile electronic payment systems are already catching the imagination of cities and towns around the world. With a proven role of providing parking authorities with efficient, easier-to-manage and cost effective systems also comes real-time usage statistics to fine tune parking policies. Analyst firm Juniper Research predicted that consumers around the world could generate as much as $50 billion in sales through NFC-based mobile payments by 2014. The potential for this nascent technology is huge, according to Jupiter. PayByPhone, the largest provider of payment systems for parking across North America, has ongoing contracts in more than 60 cities, towns and universities including Miami; Dallas; Vancouver, BC; London and Paris and now San Francisco, the largest installation in the United States. Worldwide, the company handles more than 55,000 transactions per day. The company experienced rapid growth in FY 2011, logging an estimated 8 million transactions over the first six month period. About PayByPhone PayByPhone, a subsidiary of the London listed PayPoint plc (PAY), is a leading international provider of services to parking authorities allowing consumers to use their mobile phones to pay for their parking by credit or debit card. PayByPhone is a leading proponent of mobile commerce in ‘on the go’ applications and currently has contracts in the US, Canada, France, Australia and the UK. PayPoint plc delivers payments and services through a uniquely strong combination of local shops, Internet and mobile distribution channels, and handles over $17.2 billion (£11 billion) from over 600 million transactions annually for more than 5,000 clients and online merchants. For more information, please contact:

Neil Podmore PayByPhone npodmore@paybyphone.com +1 (604) 710-4421 Michael Fournell Fournell PR Consulting Group michael@fournellpr.com +1 (650) 409-7455

The thing I like the best about Google Wallet is that, unlike many of its competitors, it would allow users to link all of their cards, regardless of brand (Visa, MasterCard, etc.) to their Google Wallet accounts. From a consumer’s point of view, the best mobile wallet would store all of our cards, as well as cash and checks. What we would not want to have is a clutter of apps for each individual card type or even each card issuer. So Google is moving in precisely the right direction and I hope the promised future versions will build on that foundation. Valentine from http://britainloans.co.uk/