NEW YORK and TORONTO, Sept. 16,
2019 /CNW/ - VersaPay Corporation (TSXV: VPY)
("VersaPay"), a leading provider of cloud-based invoice-to-cash
solutions including electronic invoice presentment and payment,
automated accounts receivable, cash application and collections
management, is pleased to announce that it will be presenting at
the MasterCard Commercial Customer Event being held today at the
One World Observatory in New York
City.
Chief Executive Officer Craig
O'Neill will participate on a panel to discuss Mastercard
Track™ Business Payment Service, Mastercard's strategy to re-invent
the $125 trillion global B2B payments
ecosysytem and VersaPay's role in helping Mastercard bring Track
BPS to market in 2020. The audience will include dozens of
executives from many of the largest global banks.
"We are an enthusiastic supporter of Mastercard's plans to
change how businesses transact around the globe, and we're pleased
to be an early participant in Track BPS," said Craig O'Neill, CEO of VersaPay. "Our recently
announced collaboration on the Mastercard Virtual Card Receivables
Service improves the experience of accepting virtual credit cards
for businesses around the world, and Mastercard Track BPS will have
an even greater impact, optimizing B2B transactions across all
digital payments types."
About VersaPay
VersaPay is a Fintech company and leading provider of
cloud-based invoice-to-cash solutions, enabling businesses to
provide a superior customer experience, get paid faster, streamline
financial operations, and dramatically reduce DSO and costs.
VersaPay ARC is the new standard in accounts receivable and
collections management with a customer self-service environment to
view invoices online, collaborate on inquiries and disputes, and
facilitate secure online payments (EFT/ACH and credit card).
Businesses gain access to a suite of powerful tools that enable
efficient collections, cash application and real-time insight into
accounts receivable. VersaPay ARC automatically reconciles payments
and account information through integrations with a wide range of
ERPs and accounting software providers.
More information about VersaPay is available at
www.versapay.com or under the Company's profile on SEDAR at
www.sedar.com.
Forward Looking and Other Cautionary Statements
This news release contains "forward-looking information" which
may include, but is not limited to, statements with respect to the
activities, events or developments that the Company expects or
anticipates will or may occur in the future. Such forward-looking
information is often, but not always, identified by the use of
words and phrases such as "plans," "expects," "is expected,"
"budget," "scheduled," "estimates," "forecasts," "intends,"
"anticipates," or "believes" or variations (including negative
variations) of such words and phrases, or state that certain
actions, events or results "may," "could," "would," "might" or
"will" be taken, occur or be achieved.
These forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current
judgment regarding the direction of our business. Management
believes that these assumptions are reasonable. Forward-looking
information involves known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking information. Such factors include, among
others, risks related to the speculative nature of the Company's
business, the Company's formative stage of development and the
Company's financial position.
Forward-looking statements contained herein are made as of the
date of this news release and the Company disclaims any obligation
to update any forward-looking statements, whether as a result of
new information, future events or results, except as may be
required by applicable securities laws. There can be no assurance
that forward-looking information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE VersaPay Corporation