EFT Canada Inc. ("EFT") (TSX VENTURE:EFT), a leading technology provider of
electronic funds transfer services, today announced that a client had breached
its service agreement creating a receivable of approximately $830,000, which may
not be recoverable. The Company is dependent upon the collection of this
receivable or raising additional funds in order to maintain sufficient working
capital. There are no assurances that the Company will be successful in
collecting this receivable or raising the required financing. 


The Company continues to discuss the matter with its legal counsel and is
actively exploring all methods of collection and enforcement. 


EFT CANADA INC.

Founded in 2003 and headquartered in Toronto, Ontario, EFT Canada, a leading
financial services firm, offers small and medium sized businesses a broad range
of innovative and electronic payment solutions, including Canadian and U.S.
electronic funds transfer (ACH/EFT), credit card payment processing gateway (PCI
DSS Level 1), gift and loyalty programs and fraud prevention services. For more
information, please visit www.eftcanada.com.


This press release contains forward-looking statements which reflect the
Company's current expectations regarding future events. The forward-looking
statements involve risks and uncertainties. Actual results could differ
significantly from those projected herein. Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
EFT Canada Inc.
Jonathan Pasternak
President
(416) 781-0666
jpasternak(at)eftcanada.com
www.eftcanada.com