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SIX Payment Services AG

Deutsche Post, SAP and PayNet cooperate

Wallisellen (ots)

Exchange of electronic invoices across borders.
Deutsche Post, PayNet, and SAP want to form an
international EBPP (Electronic Bill Presentment and Payment) network
together. The cooperation's goal is to make the exchange of
electronic invoices across borders possible for companies on the
basis of a common technology.
The international solution will be realized in the close
cooperation between Deutsche Post, PayNet, and SAP. Primarily
companies that work with vendors and customers from different
countries will find the new cooperative offer very useful, since the
complete communication of invoices (national and international) can
now be transacted via just one interface.
The focus of PayNet is on linking companies within Switzerland,
while Deutsche Post is primarily integrating companies in Germany and
other countries into the universal network.
Deutsche Post will be offering an electronic platform for Germany
with Document Service Online (DSO) that will be available starting at
the end of 2005. With DSO, the exchange of invoices between two or
more companies can be realized completely electronically. The
international rollout of the DSO solution for sending and receiving
electronic invoices across borders is planned for next year.
PayNet (Schweiz) AG is Switzerland's market leader in electronic
invoicing for corporate and private customers. The company has been
active in the Swiss market since 2003. Among its customers are Alstom
Schweiz, Bühler, Coop, Hilcona, Novartis, Syngenta, and T-Systems
Schweiz. In addition, over 1.3 million eBanking customers at around
90 banks in Switzerland can receive and pay electronic invoices with
PayNet.
For SAP, this cooperation means the first step in the construction
of an international network on the basis of developed EBPP
technology. Licensees of this technology can exchange electronic
customer documents even across borders with the roaming method.
Through the sale of further licenses of the underlying SAP software
to international service providers, this network will grow further in
the future.
PayNet (Schweiz) AG
PayNet (Schweiz) AG operates Switzerland's leading network for the
transaction of VAT-compliant electronic invoices in the areas of
business-to-business and business-to-consumer. The PayNet network
joins invoicing parties with their customers (invoice recipients) and
their financial institutions. Invoicing to private persons and
companies is supported. PayNet is a company of the Telekurs Group
with its headquarters in Wallisellen near Zurich. Further information
about PayNet is available at www.paynet.ch.
Deutsche Post World Net is the world's leading logistics group.
Its integrated Deutsche Post, DHL and Postbank companies offer
tailored, customer-focused solutions for the management and transport
of goods, information and payments through a global network combined
with local expertise. Deutsche Post World Net is also the leading
provider of Dialog Marketing services, with a unique portfolio of
efficient outsourcing and system solutions for the mail business.
Some 380,000 employees in more than 220 countries and territories
worldwide generated revenue of ¤43 bn in 2004.

Contact:

Ulrike Eckardt
Marketing & Kommunikation
PayNet (Schweiz) AG
Tel.: +41/44/832'93'05
Fax: +41/44/832'95'25
E-Mail: ulrike.eckardt@paynet.ch
Internet:http://www.paynet.ch

Deutsche Post World Net
Konzernkommunikation
Pressestelle
Dirk Klasen
Tel. +49/(0)/228'182'99'44
E-Mail: pressestelle@deutschepost.de

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