Trintech Supplies Deutsche Bank With CSP E-CommerceSolution for Payment-Enabling Online...

SAN MATEO, Calif.--(BUSINESS WIRE)--Oct. 11, 1999--

Trintech Group (Nasdaq:TTPA)(Neuer Markt:TTP), a leading provider of secure electronic payment solutions, today announced that Deutsche Bank, the world's largest bank in terms of market capitalization, is deploying Trintech's PayWare

The Trintech solution allows Deutsche Bank, currently Germany's largest merchant acquirer, to become one of Europe's few bank-operated Commerce Service Providers (CSP). The shop@db(TM) project aims to provide Internet merchants around the world with secure Internet payment capabilities in hours with minimum associated costs and effort.

For the shop@db(TM) project, SAP is supplying the Sales Order Processing system, while Trintech's PayWare NetHost provides the payment component for secure on-line transactions. Meanwhile, the storefront application for the hosted e-commerce solution is currently based on the Hosting Edition of Intershop, the German-based e-commerce solutions provider.

"In Trintech we found an ideal partner to complement our shop@db(TM) e-commerce solution," says Frank Moerler of Deutsche Bank's Corporate and Real Estate (CORE) Internet Team. "PayWare NetHost is a secure and robust solution that allows us to offer Internet payments authorization to merchants anywhere in the world as a shop@db(TM) component because of Trintech's multi-currency and multi-protocol experience."

"Trintech is delighted to be working with a world-leading financial institution such as Deutsche Bank," says John McGuire, CEO of Trintech. "We build our products to meet the exacting requirements of financial institutions such as Deutsche Bank."

The PayWare NetHost solution provides Deutsche Bank with a standards-compliant, scaleable and secure hosting e-commerce solution that can handle multiple merchant IDs and work on a variety of security standards, including SET(TM), developed by Visa and MasterCard. PayWare NetHost also provides Internet merchants with a solution that outsources the complex business of payment processing to expert financial institutions, thereby allowing them to concentrate on their core business of selling goods and services.

About PayWare NetHost

PayWare NetHost offers secure and flexible Internet payment services for hosting multiple merchant websites. Service providers can configure and customize PayWare NetHost to tailor their service offerings to their customers, allowing clients to outsource their entire storefronts or simply access the core payment processing functions. -0-

     Key Features:

--   Supports multiple merchants in hosted or remote environments
--   Easy & rapid deployment at merchant sites
--   Remote manager/reporting options
--   Multiple secure payment options SET/SSL
--   Certified to use German national payment protocols for secure SSL
     based payments
--   Supports multiple card types and multiple currencies
--   Works with wallets and in "one click" configurations
--   Data partitioning and reporting of each Internet merchant
--   Easy to use browser-based administration functions
--   Platform flexibility and scalability supporting NT(TM) and
     UNIX(R) platforms

About Deutsche Bank

Deutsche Bank is the world's largest bank in terms of market capitalization. Besides its traditional fields of banking and financial services, it is expanding its product and value-added service offerings for corporate customers providing e-commerce related payments and service solutions. During Germany's CeBIT fair in March 1999 Deutsche Bank first announced the integrated e-commerce shopping solution shop@db(TM). Together with system integration partners and strategic partners with logistics and fulfillment capabilities, Deutsche Bank is a first mover in offering its customers an integrative, all-in-one solution enabling the bank to engage in e-commerce.

About Trintech

Founded in 1987, Trintech Group (Nasdaq:TTPA)(Neuer Markt:TTP) is a leading provider of secure electronic payment solutions for card-based transactions in the physical world and over the Internet. The company offers a complete range of payment software products for credit, debit, commercial and procurement card applications, as well as being a world leader in the deployment of payment solutions for Internet commerce that are fully SSL- and SET-compliant. Trintech's range of scalable open systems architecture solutions for UNIX(R) and Windows NTu platforms covers consumer, merchant and financial institution requirements for physical payments and the burgeoning world of electronic commerce. Trintech can be contacted at 2755 Campus Drive, San Mateo, CA 94003 (Tel: 650/227-7000). Trintech can be reached on the Web at http://www.trintech.com.

This press release may contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any "forward looking statements" in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Factors that could cause or contribute to such differences include the ability to develop, market and sell its e-commerce software, the market acceptance of the SSL or SET standards for e-commerce payment transactions, its ability to effectively respond to future changes in the e-payment software market and the continued market demand for its electronic point-of-sale systems. Actual performance may also be affected by other factors more fully discussed in Trintech's Form F-1 filed with the US. Securities and Exchange Commission.