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ClickandBuy launches P2P payments app for Facebook users

London, 02 March 2010. A new P2P payment application for Facebook was launched today enabling users to send or receive money up to a value of €50. Buxter, developed by ClickandBuy, has a wide range of possible uses, from paying a friend your share of the previous evening's restaurant bill, to giving someone money for their birthday, to making a donation in support of a charity. The application can be found here: http://apps.facebook.com/mybuxter.

The application will also allow people who develop applications for Facebook to boost their revenues in a quick and easy way.

To send money, users just have to be connected to the intended recipient on Facebook. Select a friend's name from a drop-down list, enter the amount to send, and it's sent, free of charge. To load money onto a Buxter account, users will need to set up a ClickandBuy account. They'll be redirected to the ClickandBuy site to do this. Once this is done deposits to Buxter can be made via credit card, debit card, direct debit or Payzone voucher.

To receive this money, users just accept the Buxter application and enter an email address. Receiving money is also free of charge.

The money will sit in the Buxter account until sent to someone else, used for a purchase inside Facebook, or until the user wishes to withdraw it. Withdrawing money back to a ClickandBuy account - in order to access the money that has been sent to you - is charged at 1.9% (min. €2 or $3). The application will initially be available in Euros and US Dollars.

ClickandBuy has been providing online payment solutions since 1999. It currently works with over 16,000 online traders including iTunes, Orange, Vodafone, msn and the Financial Times Deutschland.

Christian von Hammel-Bonten, Senior VP, Head of Product Management, ClickandBuy says: "From now on, Facebook users can not only share their status and pictures, they can also share real money in a way that is fast, easy and secure."

Charles Fraenkl, CEO, ClickandBuy says: "Buxter is the application that will see Facebook members use the platform not just as a way to stay in touch but also as a fast, easy and secure way to exchange money or buy and sell products and services."

About ClickandBuy
ClickandBuy is one of the leading payment services in the internet. Certified by McAfee and tested by Germany's Technical Inspection and Testing Association (TÜV), this online payment system is used for internet purchases by over 13 million people. Having doubled its turnover generated by traders and end customers to €922 million (TTV) in 2008, the ClickandBuy Group first crossed the billion euro threshold in 2009.

Over 16.000 online traders use ClickandBuy's e payment system for their e commerce, retail, online entertainment, and paid content & services billing, including Apple iTunes, Vodafone, Deutsche Telekom, Telefónica, Orange, msn, AOL, Meetic, Parship, Electronic Arts (EA), Codemasters, Napster, McAfee, Panda, AutoScout24, RTL, Playboy, Financial Times Deutschland, Foto.com, Deutsche Boerse Group, KPMG, Yamaha, Digital River, Redcoon, bonprix.

Founded in 1999, the online payment system is operated by ClickandBuy International Ltd. in London. As an e-money institution licensed by the UK's Financial Services Authority (FSA), ClickandBuy's complete service includes 120 currencies and offers 50 national and international modes of payment throughout 30 countries.

ClickandBuy - Media Contacts
Rob Gibbons; [email protected]; 07989 302 287
ClickandBuy International Ltd. * Lincoln House 137 / 143 Hammersmith Road * W14 0QL London * www.ClickandBuy.com

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