Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF) Signs Exclusive Supply Agreement With SuperPay For Brazil.
SAO JOSE DOS CAMPOS, Brazil, Jan. 13, 2014 /PRNewswire/ -- Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF) is pleased to announce its subsidiary Hybrid PayTech has signed an exclusive supply agreement with SuperPay of Brazil. The agreement between the companies will further address the needs of merchants requiring an accredited MSR & EMVl1/l2 MPOS solution that will enable mobile check out for retail, hospitality services, field services, line busting and delivery services. In addition the Multi-OS Hybrid Connect solution also delivers a much needed solution for ISV, ERP & ECR channels of business which will also expand connectivity types for SuperPay with Enterprise merchants who do not have a certified solution to adopt that meets stringent EMV requirements for Credit and Debit, and offers a variety of interoperability options for scalability.
Founder Massimo Barone stated "We are excited about the partnership with SuperPay as they have a successful footprint in Brazil extending into Argentina, Columbia, Chile and Mexico. Also the timing is fantastic as Brazil will be host to the 2014 FIFA World Soccer Cup followed by the World Olympics in 2016 which both companies are aligning to be ready for. Additionally as Hybrid grows its payment connectivity, Enterprise and Large Retail merchants will be able to access connectivity through their Hybrid PayTech providers"
CEO Rogerio Gomes stated "The partnership with Hybrid is a milestone for SuperPay because it enables the company to expand its participation in the electronic payments market in Brazil" He states that the solutions offered by the new partner are coming to the country at the exact time of consolidation of mobile payments as the main trend for the following years. "The SuperPay has achieved its goals in order to act as a protagonist in online payment gateways in Brazil. Now, the company goes into a new stage, exploring opportunities in mobile payments. We are honored to do this in association with an institution like the Hybrid"
SuperPay has several market differentiators, including: integration with all risk analysis solutions that provide more security for e-commerce operations; configurable retries, direct and/or with other acquirer; payments with multiple cards in the same order; one click: module that enables the use of financial data for previous purchases without the need to be re-entered by the user, use of mobile devices such as mobile phones, tablets and Pin-Pad; administrative module with "step by step " information of transactions processed by the gateway and all entities involved. Moreover, it has global reach to meet companies who want to operate internationally. SuperPay is located in the region of São José dos Campos (SP), National Pole of development and technology and has all the structure and qualified staff to provide the best and most efficient solutions to market Electronic Means of Payment. Visit www.superpay.com.br
About Hybrid PayTech World Inc. (formerly Freeport Capital Inc.)
Hybrid PayTech World Inc. Develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 6,7,8). The Corporation's holding, First Equity Strategy LLC, markets itself with the DBA: Hybrid PayTech. International subsidiaries include Hybrid PayTech Asia Inc., Hybrid PayTech Asia pacific HK Ltd, Vault Acquiring Solutions LLC and Mobi724 Inc. Visit www.hybridpaytechworld.com
Hybrid PayTech based in Montreal, Canada, is a technology leader in the mobile payment space for EMV& MSR credit and debit acceptance. With a global footprint, Hybrid is an enabler of easily-deployable payment systems focusing on authentication, approved security and quick merchant adoption in Fleet, Delivery, Logistics and Retail. For more info. Visit www.hybridpaytech.com or www.hybridpos.com
The Canadian National Stock Exchange (CNSX) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.
SOURCE Hybrid PayTech World Inc.