Interview with: Janet C. Martin, CEO - featuring: their “instead of cash®" electronic payment facilitation service for small transactions (generally under $25).

Dexit Inc. (DXT-TSX)

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Although it takes years to develop and bring a new payment system to the market, Dexit already has a proven product on the market in Canada and has completed the first phase of its rollout with an established partner



Technology
Electronic Payment System
(DXT-TSX)

Dexit Inc.




Janet C. Martin
Chief Executive Officer

Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
April 20, 2006

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“Cash is very expensive for merchants to handle; it is time consuming, you have to count it, you have to get it from the bank and get it back to the bank, further, it tends to disappear on you at times. Dexit meanwhile is faster and easier for the merchants, as it makes the line move faster for you because people won’t have to dig into their pockets and purses for change and cash – and this can result in higher revenues for merchants. The last thing you want at the counter of a busy convenience store or food court is someone digging for and counting change where people are spending low amounts of money. Therefore, it moves the line faster and if your customers like it, you will save lots of time in cash handling and the costs of cash handling. It saves you money as well as speeds the line. You and I both know that when the line is long, some customers will not wait for their coffee, so it also increases your business, because there are less walk-always when the line moves fast. People have a tendency to spend more as well with electronic payment devices compared to cash.” - Janet C. Martin