EBT Industry Council to Host Buypass Corp. President Ruth Ann Marshall.

HERNDON, Va.--(BUSINESS WIRE)--Dec. 7, 1998--The EBT Industry Council (EBTIC) of the Electronic Funds Transfer Association will conclude its 1998 meeting schedule on Dec. 9 at the Alpharetta, Ga. offices of VeriFone Inc.

Meeting with the Council will be Ruth Ann Marshall, executive vice president of Electronic Payment Services Inc.(EPS), and president of EPS's Buypass Corp. subsidiary, a leading processor of EBT transactions, and a member of the EBT Industry Council.

"The past year has been a dynamic one for the EBT industry," said H. Kurt Helwig, executive director of the Electronic Funds Transfer Association, "and we are pleased to have the chance to hear Ruth Ann's view on the industry and what lies ahead for 1999."

Also on the EBTIC agenda is a review of the recent "EBT--the Next Generation" conference held last month in Washington, as well as planning for the 1999 EBT conference.

About Buypass

Buypass Corp. is a leading processor of EBT and other EFT transactions. It is a wholly owned subsidiary of Electronic Payment Services Inc. (EPS). Headquartered in Delaware, EPS processes some 2.7 billion transactions annually.

About the Electronic Funds Transfer Association and EBTIC

Now in its third decade, the Electronic Funds Transfer Association is the nation's leading inter-industry trade association dedicated to electronic payment systems and commerce. Its EBT Industry Council is the nation's longest standing trade group dedicated to the business and policy issues of EBT.

Its members include Citicorp Services Inc., Burger, Carroll & Associates, VeriFone Inc. and Concord EFS.

For more information about the Electronic Funds Transfer Association, visit the Web site at www.efta.org.