September 16, 2011 13:39 ET

E-Debit Global Corporation Commences Roll Out of Proprietary Mobile Payments Platform

CALGARY, ALBERTA--(Marketwire - Sept. 16, 2011) - Further to our release of August 3, 2011 E-Debit Global Corporation ("E-Debit") (OTCBB:WSHE) in conjunction with its joint-venture with ebackup Inc. ("ebackup"), Capital Six Limited ("Capital Six") announces its agreement with European and South African mobile Telco software and infrastructure provider IN-CORP AG's Canadian subsidiary MapleTel.com ("MapleTel") to roll out its mobile and internet based payment platforms.

Overview

"After a comprehensive review with MapleTel president Johan Kok we find that we have a very dynamic opportunity to leverage our 12 years of PIN based financial transaction processing operational experience and our 2010 acquisition of DigiCoins Canada Inc. loyalty program and contactless technology with MapleTel telecom applications to initiate our E-Debit payment platform," E-Debit Chief Executive Doug Mac Donald said in a joint statement with ebackup Inc. President Rowland Perkins.

"Our entry point and first priority is the immediate integration of our P2P (person to person) application and E-Debit's PIN based and micro payment capabilities into our new joint-venture," stated Johan Kok, President of MapleTel. "We are focused directly on a PIN secured Internet payment product and a subsequent related mobile payment solution built on E-Debits payment experience and suite of business operations currently in place. I anticipate a very quick Beta development and look to our current 250,000+ subscriber base in South Africa and South America for the initial large scale test/roll-out in tandem with a North American implementation," Mr. Kok added.

"Our Alberta joint-venture is based on equal participation between E-Debit's and ebackup's Capital Six Limited with 50% ownership and 50% with MapleTel and incorporates exclusive processing agreements with E-Debit's wholly owned subsidiary and Interac member Westsphere Systems Inc.," stated Mr. Mac Donald.

"Our secure on-line and mobile payment management and processing solution fills the nonexistent Canadian and international secured payment segment and the combination of ebackup's "cloud" based PCI compliant data centre, technical and back up support and E-Debit's "processing switch and micropayment system currently in place allows for a quick entry into this marketplace," concluded Mr. Kok.

About E-Debit Global Corporation

E-Debit Global Corporation (WSHE) is a financial holding company in Canada at the forefront of debit, credit and online computer banking. Currently, the Company has established a strong presence in the privately owned Canadian banking sector including Automated Banking Machines (ABM), Point of Sale Machines (POS), Online Computer Banking (OCB) and E-Commerce Transaction security and payment. E-Debit maintains and services a national ABM network across Canada and is a full participating member of the Canadian INTERAC Banking System.