E-xact and Chase Paymentech Introduce New "Non-Storing" E-Commerce Solution, WSP

VANCOUVER, BRITISH COLUMBIA , a leading provider of secure payment gateway solutions, announces its new Web Secure Pay solution with Chase Paymentech.

E-xact's latest innovation, Web Secure Pay or WSP, eliminates all of the complexity and liability usually involved with accepting payment via the web. This highly secure, easy-to-integrate solution allows merchants to process payments without the hassle of complicated data security practices required by banks and industry regulators.

WSP is designed to integrate with websites by using a few simple snippets of customized HTML code. It allows merchants to accept and confirm payments without ever handling the customer credit card data - this removes liability and assists merchants with their PCI compliance. WSP offers fully customizable, and safe processing of sensitive payment data while preserving the look and feel of the merchant's website.

Peter Fahlman, President of E-xact states, "Together with Chase Paymentech, we have been working to develop this easy and secure payment service. Now with the addition of Interac Online, which allows for secure online debit transactions, merchants can offer ease-of-use and privacy for online customers without a complicated integration with their website."

E-xact is currently presenting at RailsConf 2008 in Portland, Oregon.

For more information on E-xact and its product offerings, visit www.e-xact.com.

Peter Fahlman, President

About E-xact Transactions Ltd.

E-xact is a fully PCI compliant provider of fast and secure online transaction solutions. Since 1998, we have been at the forefront of the emerging world of online exchange, with solid and secure transaction processing systems and superb customer service. E-xact specializes in real-time, secure movement of financial information through IP-based point of sale interfaces, providing quick, easy and affordable transaction solutions for merchants and corporate businesses.

About Chase Paymentech (http://www.paymentech.com/)

Chase Paymentech Solutions, LLC, headquartered in Dallas, Texas, is the world's largest merchant acquirer accepting payments at the point of sale, hospitality, internet, retail, catalogue and recurring billing. The privately-held company is an end-to-end processor for merchants of all sizes and industries. The company processed approximately 18.2 billion transactions in 2006, with more than $660.6 billion in annual bankcard and debit volume. Chase Paymentech's customer base reflects the most respected brands in the world. It represents more than 600,000 merchants with nearly one million locations globally. Chase Paymentech is a joint venture between JPMorgan Chase & Co. and First Data Corp.

The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties. E-xact Transactions Ltd.'s actual results could differ materially from those expressed or implied by such forward-looking statement. Factors that could cause or contribute to such differences include but are not limited to competition, general economic conditions, currency fluctuations and other risks detailed in the Company's filings with the Canadian securities regulatory authorities. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties. E-xact Transactions Ltd.'s actual results could differ materially from those expressed or implied by such forward-looking statement. Factors that could cause or contribute to such differences include but are not limited to competition, general economic conditions, currency fluctuations and other risks detailed in the Company's filings with the Canadian securities regulatory authorities.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: E-xact Transactions Ltd. Peter Fahlman President [phone] x 110 Website: www.e-xact.com