The Terry Fox Foundation Expands Mobile Payment Coverage With VersaPay

TORONTO, Nov. 6, 2014  /PRNewswire/ - VersaPay Corporation (TSXV: VPY) ("VersaPay" or the "Company"), a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, and The Terry Fox Foundation of Canada, one of Canada's most well known and respected charities, are excited to continue the growth of their long term relationship.  VersaPay manages all of The Terry Fox Foundation's payment processing and online donations for the Foundation's charity runs across Canada, and deployed a record number of mobile devices to support the 2014 runs.

"Working with the team at VersaPay has been a great fit for The Terry Fox Foundation.  We are pleased to have developed a long term relationship with VersaPay and continue to utilize their services for online donation processing," commented Amy Brosinski, Financial Controller of The Terry Fox Foundation. "In addition to their online processing, VersaPay helped us deploy more payments devices for the 2014 run sites than in any previous runs to date."

"We are very proud to support the important work of The Terry Fox Foundation," commented VersaPay's Chief Executive Officer Craig O'Neill. "This relationship is a testament to the quality of our services and the dedication of our people."

About VersaPay

VersaPay is a leading cloud-based invoice presentment and payment provider for businesses of all sizes.  VersaPay's ARC and ARCPay software-as-a-service offerings allow businesses to easily deliver customized electronic invoices to their customers, to accept credit card or EFT payments and automatically reconcile payments to their ERP and accounting software.

VersaPay is headquartered in Toronto, Canada, and has operations in Montreal and New York.

More information about VersaPay can be found at www.versapay.com.

Forward Looking and Other Cautionary Statements.

This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks relating 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 are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward looking statements if these beliefs, estimates and opinions or other circumstances should change.

Neither the TSX Venture Exchange nor its Regulations 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.

SOURCE VersaPay Corporation

Related Links

www.versapay.com