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Forbes.com Selects PaymentOne as "One to Watch"

Unique Solutions and Impressive Growth Compared To Other Companies Lead Forbes Editors To Pick PaymentOne For Second Consecutive Year

San Jose, CA — March 8, 2005 — Payment One® Corporation, one of the fastest growing payment services providers in the world, today announced that the company has been named one of Forbes “Ten to Watch In 2005” as part of the online publication’s annual list of Fastest- Growing Tech Companies.

This is the second consecutive year that PaymentOne has made the Forbes.com list of fast growth, private companies. Strict criteria for the list include ‘impressive growth’ of at least a 10% sales gain in each of the last five years, $25 million in sales, a positive net income over the last 12 months, and the ability to offer a unique product or service.

View the full list of Forbes Fastest-Growing Tech Companies online at http://forbes.com/technology/2005/02/16/ cz_jc_0216privatetech.html

Focus On Customer Success Drives PaymentOne’s Growth

With the rapid expansion of the online, broadband and mobile markets, digital merchants require more ways to attract consumers and increase online revenues. "PaymentOne has driven over a billion and a half dollars in incremental new revenue for our clients, and we continue to expand our merchants’ ability to reach new consumers, access new distribution channels and capitalize on new markets. For the second year in a row, Forbes has acknowledged that an absolute focus on our clients’ success is the fuel that drives PaymentOne in the fast lane of growth" comments PaymentOne's President and CEO, Joe Lynam.

PaymentOne CEO To Discuss Rapid Growth at World Financial Symposium

PaymentOne also announced that its CEO has been selected as a featured speaker at this week’s World Financial Symposium event held March 8-9th in Palo Alto, California. PaymentOne CEO Joe Lynam will discuss the topic “Secrets From the Fast Lane: Leadership and Change in Fast Growing and Winning Companies” at 11am pacific time on March 9th, 2005. For more information on this event, please contact PaymentOne.

About PaymentOne

PaymentOne Corporation is one of the world’s fastest growing online Payment Services Providers (PSP) for digital merchants, premium service providers and broadband operators. The company offers advanced payment, commerce and syndication solutions that accelerate the adoption of online content and services and expand revenues by over 25 percent.

To help online merchants reach a wider audience, PaymentOne's integrated suite of revenue optimization services includes a unique set of non-credit card payment alternatives, macro and micropayments, identity verification and fraud detection, traditional payment processing, global payments, a co-marketing distribution network and a full outsourced commerce solution. The company’s flagship PhoneBill ™ service provides merchants with access to over 150 million consumers.

Based in San Jose, CA PaymentOne has generated over $1.5 billion of new digital revenue for its clients, and manages a network of over 1400 telecommunication/broadband providers. To learn more about PaymentOne, visit www.PaymentOne.com or call 800-747-4028.

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© 2004 PaymentOne Corporation. All rights reserved. PaymentOne, WebBill ®, Propensity To Pay and PayConnect are trademarks of PaymentOne Corporation. The names of actual companies and products mentioned herein are the trademarks of their respective owners.

"In today's economy, triple-digit percentage revenue growth is an exceptional accomplishment. We commend PaymentOne for making the commitment to technology and delivering on the promise of market longevity"