Paymentech Announces Implementation of Purchasing Card Program for Toyota Motor Sales, USA, Inc.; Paymentech's Commercial Card Unit Also Releases Upgrade to PaymentNet(TM) Proprietary On-line Reporting and Program Management Application

9 November 2000

    DALLAS, Nov. 9 Paymentech's commercial card unit announced
that it is implementing a purchasing card program for Toyota Motor Sales, USA,
Inc.  The Visa-branded program will utilize Paymentech's award-winning
proprietary Internet reporting system, PaymentNet(TM).  Once fully rolled out,
Paymentech anticipates issuing 2,000 purchasing cards with an estimated annual
charge volume of $75 million.
    Paymentech issues and manages MasterCard and Visa commercial cards through
Salt Lake City-based First USA Financial Services.  The latest addition of
Toyota to an already robust customer base illustrates continued strong growth
for the commercial card group.  Total charge volume in 2000 is projected to
grow 75% over last year.
    "Toyota's goal is to automate the commercial payment process as much as
possible and to reduce paper invoicing and reporting," said Tim Peterson,
Procurement Services Manager at Toyota.  "A dynamic and mature on-line
reporting and management tool like PaymentNet(TM) will help us accomplish that
objective."
    Peterson anticipates substantial operational savings once the payment
vehicle is fully rolled out to corporate departments and subsidiary companies.
"Paymentech's commercial card team complements its advanced technology with
hands-on account management and systems integration expertise," said Peterson.
    "After considering p-card programs for some time, we felt the need to
partner with a provider who could manage Toyota's sophisticated requirements
through leading edge technology and industry setting standards and practices,"
said Peterson.  "Paymentech's Internet reporting has unique features and
flexibility.  We not only can administer purchasing card transaction data on
line, we also can build proprietary cost allocation interfaces to our
accounting systems."
    Paymentech also unveiled the latest release of its PaymentNet(TM) Internet
reporting solution for corporate and purchasing cards.  PaymentNet(TM)
provides secure access so multiple managers and cardholders can simultaneously
access and administer card activity data.
    The primary upgrade is the addition of a customizable portal interface
that each client company can utilize to personalize the appearance and content
of the PaymentNet system for their users.  Paymentech clients can now
customize the PaymentNet portal with their own logos, internal communications,
and other individualized services.
    Other upgrades include enhanced reporting functionality that allows
program administrators to schedule reports for automatic daily, weekly,
biweekly, or monthly creation and delivery.  The "lights-out" system also
allows program administrators to schedule the creation of the file that they
will then directly upload from PaymentNet to their general ledger system.

    About Toyota Motor Sales
    Toyota Motor Sales, (TMS) USA is the marketing, sales, distribution and
customer service arm of Toyota in America.  Toyota is America's fourth largest
carmaker and manufactures more than one million cars per year in North
America.  TMS is a wholly owned subsidiary of Toyota Motor Corporation
.  Toyota ADRs are traded on the New York Stock Exchange.
    Established in 1957, TMS oversees operations of more than 1400 Toyota,
Lexus and Toyota Industrial Equipment dealerships in 49 states.  With
approximately 8,500 employees, Toyota Motor Sales and its subsidiaries also
are involved in financial and insurance services, distribution logistics,
motor sports research and development, and the general aviation and
recreational boating industries.  The company's main Web site is
http://www.toyota.com.

    About Paymentech
    Dallas-based Paymentech (http://www.paymentech.com), founded in 1985, delivers
premier electronic payment solutions for merchant acquiring, point-of-sale
transaction processing and commercial card programs.  The company's commercial
card unit, Salt Lake City-based First USA Financial Services, is a major
issuer of both MasterCard and Visa corporate and purchasing cards.  Paymentech
is the nation's largest processor and acquirer of credit card transactions and
an Internet payment leader.  In 1999 Paymentech processed approximately
3 billion transactions and $93 billion bankcard sales volume.