EFT

EFT Canada Inc (TSX VENTURE:EFT), a publicly traded financial processing company
that offers a complete solution to the collection and payment processing needs
of small and medium sized business merchants in Canada and the United States,
today announced its results for the year ended June 30, 2008.


The Company, for the year ended June 30, 2008, posted record revenue of
$1,743,240, an increase of 72% versus the prior year, and a profit per share of
$0.001 compared to a loss of ($0.01) . Gross margin was 59%, up from 51% in the
prior year.


For the year ended June 30, 2008, EFT Canada registered over 136 new clients and
processed 1,787,979 electronic transactions worth a total of $824,239,191.


"2008 was a year of tremendous progress for the Company and we are pleased with
the results," said Jonathan Pasternak, EFT Canada's CEO. "We expect strong top
and bottom line growth over the next year and will continue to focus on
executing on our strategic plan."


Summary of operating results for the year ended June 30, 2008:




--------------------------------------------------------
                                       2008        2007
                                       ----        ----
--------------------------------------------------------
Revenue                         $ 1,743,240 $ 1,014,353
--------------------------------------------------------
EBITDA (i)                      $   418,531    ($30,626)
--------------------------------------------------------
Net Profit (loss)               $     9,434   ($131,870)
--------------------------------------------------------
Profit (loss) per share (basic) $     0.001      ($0.01)
--------------------------------------------------------




(i) The Company defines EBITDA as earnings before interest, taxes, depreciation,
amortization, foreign exchange gains or losses, allowance for bad debts and
stock based compensation.


The full text of the financial statements and Management Discussion & Analysis
is available at www.sedar.com.


About EFT Canada

Founded in 2003, EFT Canada Inc. is a financial processing company that offers a
complete solution to the collection and payment processing needs of small and
medium sized business merchants, banks, credit unions, and other financial firms
in Canada and the United States. The Company develops, maintains and delivers
innovative electronic transaction processing technologies, such as customized
electronic payment and collection processing solutions and gift and loyalty card
services, by drawing on its operational and applications expertise.


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.

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