Press Release

For Release July 6, 2006

PaySimple Launches QuickBooks® Module for Electronic Payment Processing

New module provides seamless integration and easy payment processing for QuickBooks customers.

DENVER , CO , July 6 2006- PaySimple, an industry leading provider of payment management solutions for businesses, today releases a QuickBooks module that enables customers to seamlessly integrate their QuickBooks applications with PaySimple electronic payment processing functions. The new module provides auto-recurring billing, electronic check processing, direct debit and credit card processing while automatically recording those transactions within Intuit's (INTU) QuickBooks.

"The new PaySimple module allows all businesses using QuickBooks greater flexibility, including the ability to batch process transactions, accept checks electronically and manage auto-recurring billing," says Allen Wolff, president of PaySimple. "In addition, PaySimple provides a turnkey solution that enables QuickBooks customers to take advantage of one of the industry's lowest credit card transaction rates."

PaySimple customers gain competitive advantage by utilizing cutting edge-technology to process payments more efficiently, normalize cash flow, and significantly decrease outstanding accounts receivables. PaySimple is unique in the industry for providing a completely integrated payment gateway for processing electronic checks, direct-debits, credit-card transactions and for establishing auto-recurring billing and online bill-pay. With the ability to bill, process and deposit all payments automatically, PaySimple customers receive their money faster, more easily and more cost efficiently.

Over 20,000 companies in a broad range of industries from schools to rental agencies, business services, medical services, non-profits, and many others, use the PaySimple platform. These same organizations use QuickBooks as a simple turnkey accounting solution for their business. "It's a natural integration for PaySimple," Wolff says. "QuickBooks is a leading provider of all pre-payment accounts receivable functions." Wolff continued, "PaySimple is the logical choice to complete the system with an industry-leading easy-to-use payment processing solution."

For more information on PaySimple electronic payment processing solutions, the new QuickBooks module, or to schedule an online demonstration of the PaySimple system, please call 800.466.0992 or email sales@paysimple.com.

About PaySimple: PaySimple is an industry-leading provider of payment management solutions. PaySimple simplifies billing and collection processes by enabling customers to invoice, collect and deposit all of their payments automatically. The customized, secure ASP solution includes auto-recurring billing, electronic check processing, direct debit and credit card processing at some of the lowest rates available. PaySimple seamlessly integrates with most business management software. Based in Denver, Colorado, PaySimple sells its system direct to end-users and via partners who provide total business software solutions. www.paysimple.com.

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