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PAYVISION IS WINDING DOWN ITS OPERATIONS

On the 28th of October 2021, ING has announced that its subsidiary Payvision
will start phasing out its services as a payment service provider (PSP) and
acquirer.

After long and thorough analysis of different options, our shareholder ING has
decided to close the company.

As a result, it has been decided on a gradual termination of all Payvision
activities by Q2 2022. Payvision notified all clients and will keep them
informed on the service termination schedule. While thanking all our clients for
their confidence and loyalty, we will continue to fulfill our contractual
obligations until the termination of services.

For more information, please check the announcement on the ING website
https://www.ing.com/Newsroom/News/ING-phases-out-Payvision.htm

If you have any questions, please check our FAQs or get in touch by email at
questions@payvision.com.

All contents copyright Payvision.

Payvision is a registered ISO/MSP of Merrick Bank, South Jordan, UT.

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