New Worldpay Service Set To Benefit From Anticipated Boom In Asian eCommerce

WorldPay today announced that an anticipated boom in Asian hotel eCommerce has led online hotel reservation companies asia-hotels and all-hotels to adopt WorldPays products to power online reservations services. All payments made to these websites will be protected by WorldPays secure payment technology, which offers comprehensive transaction security (128 bit SSL, 2048 bit encryption and MD5 hashing) as well as multiple online protection against card fraud, including AVS (Address Verification System), CVV (Card Verification Value), the WorldPay Guarantee and other provisions.

Singapore, April 16, 2002 -- WorldPay, the global leader in multi-currency secure payment processing, today announced that an anticipated boom in Asian hotel eCommerce has led online hotel reservation companies asia-hotels and all-hotels to adopt WorldPays products to power online reservations services.

According to analysts, the global online travel industry is likely to reach an estimated value of USD25.2 billion by 2003. Recent statistics released by IDA (Infocomm Development Authority of Singapore) also showed that Asian B2C eCommerce experienced an increase in transaction volumes of 21% quarter on quarter last year.

The worldwide eCommerce travel boom will inevitably impact heavily on Asia, as it is a popular holiday destination for travelers around the globe and is also becoming an ever-greater hub for business travel. Hotel and leisure services are therefore becoming major eCommerce drivers in the region, and both are sectors in which substantial sums are spent in an individual transaction," said Adam Kerr, Director of Business Development, WorldPay. Using WorldPays infrastructure, travelers around the globe can now log on to the web to book their hotels and pay using their credit cards, without having to worry about security or the exchange rate."

Jane Karwoski, CEO of All-Hotels, added, The Internet provides a wealth of opportunities for locating and booking accommodation throughout the world, and we are keen to maximize the possibilities offered by the forthcoming boom. It is vital, however, that we offer a system that is as secure as possible. WorldPays payment technology and security guarantees this."

We value our customers and our partnership with WorldPay is an indication of the same. We are thrilled to be able to reach out to a wider base of online shoppers with eCommerce," said Don Angelico, COO of Asia-hotels.

All payments made to these websites will be protected by WorldPays secure payment technology, which offers comprehensive transaction security (128 bit SSL, 2048 bit encryption and MD5 hashing) as well as multiple online protection against card fraud, including AVS (Address Verification System), CVV (Card Verification Value), the WorldPay Guarantee and other provisions.

Other WorldPay customers in the hotel and leisure sector include, Dollar Rent-a-Car and Travelcoverdirect.co.uk.

###

Asia Hotels Company Background

asia-hotels was founded in 1996 to provide information about hotels throughout Asia with detailed descriptions, reviews and discounted reservation prices. www.asia-hotels.com lists over 2,100 hotels with 10,000 customer testimonials and 100,000 reservation requests a year, 12,000 visitors a day.

All-Hotels Company Background
All-Hotels is one of the worlds largest online hotel booking companies for consumers as well as a leading provider of technology and services for the hotel industry. Based in Edinburgh, Scotland and established in 1997, All-Hotels provides a 24-hour, seven day a week service to customers all over the world. While receiving only 4.7 million ($6.5 million) of investment capital since its inception, All-Hotels has sold over 320,000 hotel rooms online during the past three years.

For consumers, the website, www.all-hotels.com, offers a convenient, fast and secure way to book from a choice of over 60,000 hotels in over 9,600 locations worldwide. Accommodation listed on the site includes everything from bed-and-breakfast accommodation to luxury 5-star hotels, and many hotels that cannot be found anywhere else.

For the hotel industry, All-Hotels provides its own web-based booking engine called a-Res that gives hotels the ability to sell rooms via the Internet to the vast and growing market of online travelers. All-Hotels also assists hotels by providing additional support services through its sister website, www.all-hotels.org, which now has a membership of over 5000 hotels and hoteliers worldwide.

WorldPay Notes to Editors
WorldPay (www.worldpay.com) was founded in 1993 and throughout its history has consistently developed innovative and secure Internet-based products and services.

Today, as the globally acknowledged and trusted leader in secure, multilingual and multi-currency Internet payment solutions, WorldPay enables over 15,000 customers in 115 countries to sell to shoppers around the globe - in the language and currency of their choice.

At WorldPays virtual mall, www.shopatworldpay.com, thousands of retailers from around the globe are open for business, 24 hours a day, seven days a week and searchable by category, name or location.

WorldDirect, WorldPays multi-currency payment system is integrated to all the leading eCommerce storebuilding applications, including its own Click and Build. Other WorldPay services include repeat billing solution FuturePay.

Through its unique Guarantee, WorldPay makes international online transactions easy, safe and reliable by offering online businesses protection against card fraud, and shoppers peace of mind that they are buying with confidence from WorldPay Guaranteed online stores.

Based in Cambridge, UK, WorldPays Asia Pacific regional centre is in Singapore and its Americas centre is Sterling, Virginia, USA.

WorldPay shareholders include NatWest Bank Plc.