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Thursday, 12/31/2009 1:43:10 PM

Thursday, December 31, 2009 1:43:10 PM

Post# of 4967318
RHXI "L2" Transaction Volumes rise by 29% compared to same period in 2008

HELSINKI, Dec. 8 /PRNewswire-FirstCall/ -- Rahaxi, Inc. (OTC Bulletin Board: RHXI), an international card payments processor and technology company, today announces that its subsidiary Rahaxi Processing Oy in Helsinki has increased the volume of transactions processed by 29% as compared to the same period in 2008.


Transaction numbers jumped from 1,877,292 to 2,404,861 for the month of October, whereas in November they increased from 1,706,860 to 2,216,729. These numbers reflect the steady increase in deployment of our POS Hardware and software solutions to the Finnish domestic market.


Paul Egan, Rahaxi, Inc CEO, explained, "As we move forward, each goal we achieve enables us to further extend our reach within the global processing community. It's a strategic and consistent trend we intend on continuing. This has resulted in a significant increase in transactions over the same period last year."








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