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TORONTO, ONTARIO--(Marketwire - June 9, 2010) - EFT Canada Inc. (TSX VENTURE:EFT), a leader in electronic transaction processing, today announced that its Board of Directors has approved the initiation of a cash dividend to its shareholders in the amount of $0.005 per common share. The annual dividend will paid on June 30, 2010 to shareholders of record on the close of business on June 15, 2010.

While future dividends will be subject to Board approval, EFT Canada announced that it is initially targeting an annual dividend payout of $0.005 per common share which is anticipated to be paid semi-annually.

"EFT Canada continues to focus on shareholder value and I am pleased to announce this milestone," commented Jonathan Pasternak, President. "The initiation of a regular dividend is part of our commitment to return value to our shareholders."

About EFT Canada Inc.

EFT Canada, founded in 2003, 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. For more information, please call 416-781-0666 or 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.

The Toronto Stock Exchange nor the TSX Venture Exchange have reviewed and do not accept responsibility for adequacy or accuracy of the content of the information contained herein.