Camiloo Launches Pay4Later Plugin for Magento

MANCHESTER, England, January 25, 2011 - Camiloo have today launched a new and innovative plugin for popular
ecommerce software Magento. The plugin allows UK based online retailers to
offer instant credit to their customers, including 0% interest free credit,
via Pay4Later's retail finance gateway.

Online retailers can immediately introduce finance offers by simply
adding the plugin to an existing Magento store. The Pay4Later finance option
is displayed at checkout and Express Checkout buttons can also be added to
each product page. The customer can select from a choice of credit options
offered by the retailer (for example 12 months interest free credit or 24
months classic credit) and specify a deposit.

Other plugin features include: configuration of finance options for each
product, automated credit application management (accept, refer, decline,
fulfill and cancel messages are automatically relayed) and support for custom
Pay4Later account settings.

Mark Newby, Managing Director of Camiloo, said, "We started with the
simple idea of making finance available to customers on Magento powered
shops. By working with Pay4Later we've delivered exactly that. Customers
can now apply for credit, sign their agreement and complete their
purchase, entirely online in less than 5 minutes."

Scott Law, Managing Director of Pay4Later, added, "We're delighted to
be working with Camiloo to give Magento retailers a great online finance
solution. Mark and his team have done an exceptional job in delivering an
easy to use plugin that fully integrates Pay4Later and Magento. Adding
instant credit to your Magento store is now as simple as installing a plug
in."

The Camiloo Pay4Later Plugin for Magento costs just GBP249 and is
available to download immediately from
www.camiloo.co.uk/shop/pay4later/. The plugin features the
CamilooMageLicense System, which allows online store owners to trial the
Plugin before purchasing a full license from within the software.

About Camiloo

Founded in April 2009, Camiloo Limited has grown from being a single
developer with a single retainer contract to an international facing business
with more than 300 clients worldwide in less than 24 months. This phenomenal
growth can be attributed largely to a belief in the power of resellable
software over single client projects. Camiloo's focus has been and will
remain to be on offering online retailers and media companies off the shelf
products and services which add value to their offering and enhance the
relationship with their clients and customers.

About Pay4Later

Pay4Later is the UK's leading provider of online point of sale credit.
Pay4Later makes it easy for finance companies and online retailers to work
together to offer consumers great finance deals including interest free
credit. Pay4Later works with reputable, established lenders including Secure
Trust Bank (part of Arbuthnot Banking Group plc) to offer safe, secure, quick
and easy online point of sale credit. Pay4Later is licensed by the Office of
Fair Trading (Consumer Credit Licence: 0616240). For more information please
visit www.pay4later.com/

Related screen images available.

www.pay4later.com/press/images/magento1.jpg

www.pay4later.com/press/images/magento2.jpg

Note to editors: Further information and screen images available on
request.

Press Contact: Scott Law, Pay4Later, scott at pay4later.com, +44-(0)7977-570 930