EFT Canada Reports Strong Third Quarter Results

EFT Canada Inc. (TSX VENTURE:EFT), a leader in electronic transaction
processing, today announced its results for the three and nine months ended
March 31, 2012. The Company reported a 74% increase in gross revenues for the
nine month period ending March 31, 2012 compared to March 31, 2011. 




                                                                            
FINANCIAL HIGHLIGHTS                                                        
                                                                            
                   Mar 31, 2012   Mar 31, 2011   Mar 31, 2012   Mar 31, 2011
                     (3 Months)     (3 Months)     (9 Months)     (9 Months)
                ------------------------------------------------------------
Gross Revenue     $     673,538  $     298,205  $   1,679,919  $     963,911
Gross Profit      $     451,339  $     258,122  $   1,208,090  $     825,706
Total Expenses    $     277,054  $     197,636  $     779,777  $     623,178
Net Income        $     108,475  $      11,535  $     358,967  $      39,899
EPS               $       0.008  $       0.001  $       0.027  $       0.003



Jonathan Pasternak, Chairman, President and Chief Executive Officer said "We are
pleased with the progress of the financial results of the business and its model
as years of planning and investment are paying off in growing revenues and
earnings for our shareholders. Our electronic payment processing segment
continues to drive results while our technology department focuses its efforts
on launching our new credit card processing service and creating efficiencies
for our clients".


EFT Canada Inc.

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 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.