PaySwyft provides a unique service that enables customers to instruct us to automatically pay, or schedule the payment of any bill from any Merchant. We call this service "Dynamic Debit".

Dynamic Debit is a new and highly convenient choice for consumers who want to schedule to pay their bills regularly.

The Dynamic Debit service enables customers to place conditions on how and when they pay their Paperless Bills. These include:

• Scheduling one or several payments to the same merchant, on a specific date each month
• Set a maximum amount. We will pay all bills below this maximum set limit. Any bills over this limit, we will immediately notify you via e-mail/SMS.
• Set the length of time, over which you want the Dynamic Debit payment option to last.

Key Features of Dynamic Debit

Dynamic direct debit gives consumers the convenience of direct debit with greater control and flexibility:

• Use any debit card to make payments
• More private/secure - payment details are not passed to the merchant
• Pay any merchant bill presented via PaySwyft
• Payments can be rescheduled or changed "on-the-fly" by consumers
• Future scheduled payments can be cancelled anytime with confidence.