White Papers

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=110 BGCOLOR="#006699" TEXT="#080000" background="048a46e3.jpg"> <div> <A HREF="index.htm" TARGET="_top" TITLE="PayTrans Network Inc."><U><IMG SRC="049944e0.jpg" border=0 width="404" height="78" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFFFFF" TEXT="#080000" background="046d29c3.jpg"> <div> <A HREF="id27.htm" TARGET="_top" TITLE="Mission"><U>Mission</U></A></div> <div> <A HREF="id22.htm" TARGET="_top" TITLE="Products"><U>Products</U></A></div> <div> <A HREF="id17.htm" TARGET="_top" TITLE="ASP Services"><U>ASP Services</U></A></div> <div> <B>White Papers</B></div> <div> <A HREF="id19.htm" TARGET="_top" TITLE="Management"><U>Management</U></A></div> <div> <A HREF="id21.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A></div> <div> <A HREF="id20.htm" TARGET="_top" TITLE="F.A.Q."><U>F.A.Q.</U></A></div> <DIV ALIGN="LEFT"></DIV> <div>     </div> <bR> </td> <td valign="top" height=370 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <B>White Papers</B></div> <bR> <div> <A HREF="id29.htm" TARGET="_top" TITLE="ASP"><U><B><IMG BORDER="0" SRC="Symb075c00b700c800000000.png" HEIGHT="13" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">ASP</B></U></A></div> <div> <A HREF="id30.htm" TARGET="_top" TITLE="Electronic Payments"><U><B><IMG BORDER="0" SRC="Symb075c00b700c800000000.png" HEIGHT="13" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Electronic Payments</B></U></A></div> </td> </tr></table></body>