Montreal, QC, October 30, 2003 - myVirtualCard is proud to announce today that it will now begin accepting adult and other high-risk merchants for online processing at some of the lowest rates around!

myVirtualCard announces today that they are opening their doors to adult as well as other ‘high risk/high volume merchants. Many merchants in these industries have been unable to obtain or keep merchant accounts as of late, due to recent crackdowns by the major credit card associations. myVirtualCard NOW accepts merchants in all areas of online commerce

myVirtualCard is able to take on high-risk merchants because of a recent technological breakthrough in online security spearheaded by myVirtualCard and its partners. Their new solution authenticates customer, not just their credit cards, in real time, with the ultimate goal of ridding the e-commerce community of credit card fraud.

Our solution gives online merchants unparalleled protection from online credit card fraud and illegitimate chargeback claims," said Norton Burah, the company president. The bottom line is that online fraud costs everyone, from the biggest corporations to small ‘mom and pop operations to consumers alike."

The announcement comes at a time when many online merchants are having problems obtaining or keeping their merchant account, in wake of the recent turmoil between the major credit card associations and online credit card payment facilitators.

myVirtualCards solution will help all merchants in some way, whether they are at risk of exceeding the chargeback claim ratio as prescribed by the major credit card associations; or online merchants who just want to save money by reducing chargeback claims cost, lost merchandise, or costs associated with manual verification of online orders.