FastFunds Financial Announces New Contract

    Business Editors

    MINNEAPOLIS--(BUSINESS WIRE)--March 31, 2005--FastFunds Financial Corporation (OTCBB:FFFC) ("FastFunds" or the "Company"), a provider of comprehensive cash access services under the trademarked name FastFunds to gaming facilities, retail locations and corporations, announced today that it has executed a new multi-year contract for cash access services offered through its wholly-owned operating subsidiary, Chex Services, Inc.
    The new contract with the Eagle Mountain Casino located in Porterville, California, provides for comprehensive cash access services via full booth operations including FastFunds' ChexGuard(TM) electronic check conversion system and CreditGuard(TM) credit card cash advance system as well as ATM placements and processing.
    ChexGuard electronically converts customer checks into an electronic transaction utilizing the VISA banking rail to verify the account is open and the funds written for the check amount are currently in the customer's account. The funds are deposited into a merchant's account the following day, thus significantly speeding up deposits versus the manual deposit method and decreasing overall bank charges.
    CreditGuard is a proprietary credit and debit card cash advance system that allows casinos and retail customers to have the funds electronically transferred into their account, thus maximizing their cash position and expediting the float of funds.

    FastFunds Financial Corporation is a holding company operating through its wholly-owned subsidiaries, Chex Services, Inc. of Minnetonka, Minnesota, and FastFunds International, Inc. based in London, England. Chex Services provides comprehensive cash access services to casinos and other gaming facilities under the trademarked name FastFunds. The Company specializes in, and is the industry leader for, full booth operations to Native American casinos and has developed a suite of cash access products for use in the traditional gaming and retail markets. Chex Services' website is located at www.fastfundsonline.com. The Company is majority owned by Equitex, Inc. (Nasdaq:EQTX), a holding company based in Englewood, Colorado.

    Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the Company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.

--30--APG/se*

CONTACT: FastFunds Financial Corporation Ijaz Anwar, 952-541-0455

KEYWORD: CALIFORNIA MINNESOTA UNITED KINGDOM INTERNATIONAL EUROPE INDUSTRY KEYWORD: BANKING RETAIL GAMING MARKETING AGREEMENTS SOURCE: FastFunds Financial Corporation

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