Cyphermint Partners With PayStar to Provide Prepaid Visa Debit Services to Worldwide Communications Group

[R.A. Hettinga]

<http://www.cyphermint.com/news/2004_12_08_paystar.html>

Cyphermint, Inc. - News: NOW Card

PayStar

Cyphermint Partners With PayStar to Provide Prepaid Visa Debit Services to
Worldwide Communications Group

December 8, 2004, Marlborough, Massachusetts - Cyphermint, Inc., a leading
provider of secure electronic payment solutions, announced today that it
will partner with PayStar Corporation, a provider of stored value debit
cards, banking debit card load centers and kiosks. This strategic alliance
of Cyphermint and PayStar will supply Worldwide Communications Group,
Inc.'s (WWCG) underserved low income Government Section 8 housing
recipients with Cyphermint's PayCash Now
 Visa. Debit Card.

The PayCash Now Visa Debit Card, issued by BankFirst, will serve as the
vehicle to deliver the nationwide ATM debit card services for the program
called the Community Technology Network Project (CTNP). WWCG developed the
"CTNP" stored value card program and is the administrator of the project.
PayStar will offer the ATM debit card program to approximately 16 million
existing SEC8 families.

The CTNP Project provides a convenient venue for participants to access the
Internet and several substantial discounted medical programs for
underserved families. The CTNP ATM Card will provide the participants who
may not qualify for credit or checking accounts, a flexible and secure
cashless payment option. Additionally, recipients of the program will be
able to render payment for rent, utilities and pay for discounted program
benefits without the use of a major credit card, a checking account or
actual cash.

The CTNP Card Program will generate a significant number of new PayCash
users and may potentially equate to 200,000 or more new PayCash customers
for Cyphermint in 2005.

"PayStar now participates with the CTNP project through PayStar's GLOBAL
Cash division", said William D. Yotty, Chairman and CEO, PayStar
Corporation, "we are pleased to have Cyphermint join us in fulfilling this
very useful program".

"Cyphermint is pleased to help emerging and underserved consumers gain
financial independence through the use of our PayCash prepaid Visa card",
stated Joe Barboza, President and CEO of Cyphermint, "we are pleased to
participate in this opportunity and are excited to be a part of the CTNP
Project with PayStar".

About PayStar
 PayStar Corporation (www.paystar.com) provides its distributors and
clients with a suite of prepaid, stored value products, national bank load
center locations and Kiosk marketing and management. PayStar's GLOBALCash,
Inc. (www.globalcash.us) distributes prepaid ATM debit and stored value
cards that can be used just like regular credit cards. Prepaid ATM debit
cards can be used everywhere major credit cards are accepted (stores,
restaurants, theaters) and online. PayStar is a partner in a prepaid ATM
debit card program for a national government project that will enable
millions of underserved and subsidized housing individual's access to
prepaid ATM debit cards. PayStar's corporate and distributor sales, as well
as mergers and acquisitions, will continue to drive growth.

About Cyphermint
 Headquartered in Marlborough, Mass., Cyphermint is a provider of Global
Electronic Cash Payment and e-commerce infrastructure/integration
solutions. Our core technology, PayCash
 is used in three major areas: (1)
Internet Cash Payment Systems, for B2C e-commerce via the Cyphermint
PayCash System, (2) Kiosk Solutions - delivering Web-enabled self-service
B2C merchandising systems, and (3) The PayCash Now
 Visa. Debit Prepaid
Card. Cyphermint's Kiosk Integration Division provides solutions to online
retailers enabling full integration with kiosk networks and also sets up
existing kiosk networks with eCommerce capabilities. Cyphermint's core
technology, the PayCash System provides businesses complete turnkey
solutions.

For more information about the PayCash Now Visa Debit or other PayCash
products, please contact Kenneth Stempler, VP of Sales, Cyphermint at
508-787-4811 or by email at sales at cyphermint.com. Learn more about
Cyphermint at www.cyphermint.com.

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R. A. Hettinga <mailto: rah at ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'