Direct Insite Corp. (OTC QB:DIRI)

Investor Presentation

Electronic Reverse Lockbox for Banks and Billers

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

Some of the statements made in these materials may be forward-looking in nature. If you wantto understand the risks associated with such statements, please review our filings with the SEC.

All material contained in this presentation is the sole property and copyright of Direct InsiteCorp. with all rights reserved. Certain statements, which are not historical fact, may beconsidered forward-looking statements that involve risks and uncertainties. Forward-lookingstatements include statements regarding future business results; future sales and profitability;customer demand; and industry and economic conditions. Various factors could cause actualresults to differ materially from what is set forth in such forward-looking statements. Thesefactors are set forth in our SEC filings. All are cautioned not to place undue reliance on theseforward-looking statements as the Company does not undertake any obligation to releasepublicly any revisions to these forward-looking statements to reflect future events orcircumstances, or to reflect the occurrence of unanticipated events.

Safe Harbor Statement

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

a powerful Unified Working Capital Management platform for corporations and financial institutions!

Currently Deployed: with > 375,000 Global Network Participants

• Global Receivables solutions for IBM, HP (Shell, Kraft, Mondelez, DWP), Adecco and Carlson• Global Payables solution for Siemens, BE Aerospace, St. Gobain and ATOS• White-label receivables solution for Tier 1 global financial institution (Live Q4 2014)

Competitive Advantages & Opportunity:

• First-mover status in an underserved $2.9 billion segment of the receivables market• Channel Sales Strategy with Banks creates viral sales opportunities with corporations• SaaS/Cloud environment / Web-enabled self service tools / ERP Agnostic solution• Strategic multi-million dollar platform investment in PAYBOX™ Generation 4• Regulation, IT security concerns and DSO demands will require automation!

About Us

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

DI facilitates 7 Million B2B transactions worth $160 Billion annually. Growing supplier/customer network of 375,000+ companies.

Expanding Global Commerce Network

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

for Banks

Banks are investing in working capital solutions and offer unique viral access to corporations!

Rationalize Payments Infrastructure

Improve Bank Integration for Payables & Receivables

Enhance Client ExperienceImprove Sales and Product P&L

Top Bank Lockbox Priorities

Electronic payment growth is diverting bank payments revenue. Banks must:▫ Replace revenue lost to declining B2B check volumes ▫ Find a way to preserve their lockbox franchise

PAYBOX™ preserves bank treasury management business:▫ Lockbox is a $1 trillion business (fees/float/deposits) ▫ Lockbox is the second-most lucrative bank treasury product behind lending

Bank market provides opportunity for viral effect with each new client!

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

for Corporates

The Accounts Receivable Market

$1.3 trillion global market is spent annually on receivables solutions

15.5 billion business-to-business invoices generated in the U.S. annually

60% of U.S. corporations are dissatisfied with their receivables and payments processes

Only 50% of receivables in the U.S. post without human intervention

▫ 75% of U.S. corporations have too many receivables with incomplete or inaccurate data

▫ 74% of U.S. corporations have a growing number of receivables that require human intervention

E-invoice

Presentment

Invoice Inquiry

and Approval

Workflow

Electronic

Payments (ACH,

Credit Card)

Dynamic

Discount &

Supply Chain

Financing

Payment

Reconciliation

Unified Working Capital Management

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

A Viral Opportunity

Annual paper business-to-business payments among corporates with $1 billion+ revenues¹

11.78 billion

Total available market for PAYBOX™ from large corporates – via a bank lockbox & in-house $2.9 billion annually

Total available market of PAYBOX™ from large corporate volume through bank lockboxes² $1.25 billion annually

~$100 million monthly

DIRI Revenues from 2% bank market penetration $25 million annually

DIRI Revenues from 3% bank market penetration $37 million annually

DIRI Revenues from 4% bank market penetration $50 million annually

Total available market of PAYBOX™ from large corporate volume not in bank lockboxes $1.7 billion annually

1: Analysis of data from PayStream Advisors and the U.S. Department of Commerce2: Remittance Coalition, based on 5 billion total annual B2B lockbox transactionsNOTE: Revenue figures based on a $0.25 transaction charge

Total Available Market

Sales Methodology: Channel Opportunity: Selling PAYBOX™ directly to banks as a white label solution for

their large customers Direct: Selling to corporations and interfacing with their bank(s)

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

The Challenge: IBM wanted to improve its order-to-cash processes to achieve three objectives: Enhance customer service Improve overall invoice processing efficiency Reduce Days Sales Outstanding (DSO)

Direct Insite Solution Web-based electronic invoice presentment generating 4.1 million invoices annually Fully automated dispute management Support for 15 languages and 100+ currencies

Working Capital Results Reduced DSO by approximately four days $50 million increase in available cash $4 million annual savings in interest expense 65% fewer billing disputes Nearly three-fold increase in trading partner satisfaction with invoice process

“Transforming IBM’s AR processes with Invoices On-Line™ resulted in a 90 percent reduction in transaction costs, 65 percent fewer billing disputes and calls, and a 10 percent reduction in DSO. These benefits have annually delivered tens of millions of dollars in savings to IBM.”

—Ellie Mahoney, Invoices On-Line Americas E-Business Advocate for IBM

for Corporates Case Study

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

The Accounts Payable Opportunity

Using Direct Insite's Accounts Payable platform:▫ Improves working capital management with dynamic discounting and supply chain financing▫ Enables corporations to capture more discounts through accelerated invoice processing

turnaround▫ Provides visibility required for liquidity management and cash flow analysis

Direct Insite has deployed its Accounts Payable solution across four global enterprise customers

PAYBOX™ will integrate with any legacy electronic Accounts Payable solution

Vendor Lynx Express

Scan and Capture

E-invoicing & Workflow Processing

Payment Processing & Network

Participation/ Payment Gateway

Dynamic Discount Management &

Supply Chain Financing

Unified Working Capital Management

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

The ChallengeSiemens wanted to improve their Accounts Payable processes by achieving the following:

Reduce supplier inquiries and related call center costs

Take invoicing beyond transaction processing into strategic “value-added” activities

Direct Insite Solution

Electronic invoicing platform processing over 2.4 million invoices annually

Supports more than 50 Siemens business units

Backbone of Accounts Payable shared services environment

Servicing 60,000 suppliers and 5,000 internal users

Working Capital Results

Posts payments for 63% of its invoices without operator intervention

Reduced workflow time by two thirds for electronic invoices and one third for paper invoices

81% of invoices are received electronically

Facilitates dynamic discounts

Supplier inquiries reduced by 67%

Integrated with supply chain finance company

“Invoices On-Line has proven to be an effective tool in the transformation of our Accounts Payable automation initiatives with a goal of reducing paper handling, invoicing costs and supplier inquiries.”

-Roderick Fields, GSS NA Director of

Disbursement Services

Siemens Shared Services Case Study

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

• Deploying PAYBOX™ in Tier 1 global financial institution

• Refocused company to support accounts receivable growth objectives

• Multi-million dollar investment in technology, infrastructure and resources

• Help drive viral growth in customer base of existing Tier 1 bank partner

• Identify two or three new strategic bank partners

• Target direct corporate customers with bank interfaces

• Expand profit margins through integration of e-invoicing and e-payments

• Identify additional bank partners and direct corporate customers

• Extend viral growth in customer bases of existing bank partners

• Identify strategic technology partners in banking industry

• Expand profit margins through extension of PAYBOX AR capabilities

2016

2015

2014

Focus & Objectives

Direct Insite Corporation ∙ Copyright 2014 ∙ Confidential & Proprietary

Why invest now? First-mover offering of a private-label AR solution for banks

▫ Opens door to underserved $2.9 billion segment of receivables market

Globally deployed solution for corporates

Recurring revenue SaaS business model with “sticky” long-term evergreen contracts

DIRI trades at lower multiple to peers, but with stronger core customers and offerings

Recent market valuation less than 1X TTM revenue

Corporate Financial Highlights: Debt free $3.0 million in cash and receivables $27 million in Net Operating Loss Carry Forwards. Board/management/associates aligned with investment community

Conclusion

Matthew E. OakesChairman & Chief Executive Officer

matthew.oakes@directinsite.com631-873-2932

www.directinsite.com

Contact Information