VersaPay Corporation

VersaPay Corporation

May 31, 2013 08:45 ET

VersaPay Signs Payment Processing and Referral Agreement with Major North American Financial Institution

TORONTO, ONTARIO--(Marketwired - May 31, 2013) - VersaPay Corporation (TSX VENTURE:VPY) ("VersaPay"), a leading provider of cloud-based financial technology solutions, today announced that it has entered into a payment processing and referral agreement with TD Merchant Services, an operating division of The Toronto-Dominion Bank ("TD"). Under the terms of the agreement, VersaPay and TD will refer eligible business-to-business merchant customers to each other in order to take advantage of VersaPay's cloud-based payment processing solution and TD's credit card and debit card processing services, respectively.

"We are excited to establish this business relationship with one of North America's pre-eminent financial services organizations," commented Bill McGill, CEO of VersaPay. Mr. McGill continued, "We believe that this collaboration will significantly broaden the market for our unique cloud-based electronic invoice presentment and payment platform."

About VersaPay

VersaPay is a financial technology company that delivers payment solutions for businesses. VersaPay, together with its partners, provides the hardware, technology, infrastructure and support services to enable businesses of all types require to accept and process electronic payments. In addition, the Company's proprietary electronic invoice presentment and payment platform facilitates the efficient exchange of documents and payments between suppliers and customers. VersaPay has operations in Toronto, Montreal and Long Island, NY.

More information about VersaPay can be found at

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