Versapay

VersaPay Corporation is a payment processing and payment systems company based in Vancouver, BC. VersaPay provides electronic transaction processing services to merchants, independent sales organizations, financial institutions, government agencies and multinational corporations in the United States, Canada, and the United Kingdom.
History
VersaPay was established in Canada in 2005 by a group of financial technology professionals to better serve the merchant community of Canada.
The Company works with leading financial institutions in Canada and the US to provide fully bundled financial transaction products and services such as merchant accounts, ACH/EFT (electronic funds transfer) services for consumers and businesses as well as stored-value and prepaid credit and debit cards.
VersaPay acquired Positive Inc. in February 2008 to become one of the leading wireless payment technology providers.
By specializing in offering highly demanded merchant services, VersaPay has become a leader in the Canadian eCommerce industry as well, partnering with Shopify, a one-stop-shop for small businesses selling online.
The VersaCard is the Company's proprietary stored-value and B2B payment system, enabling merchants to pay their supply chain providers with credit or debit card as well as online checks.
VersaPay also offers fully integrated payment systems for use with restaurants and hospitality providers, partnering with one of the world leaders in integrated systems, H&L Canada, a subsidiary of H&L Australia.
The Company has set itself apart from the tightly regulated Canadian banking industry by delivering products and services the banks cannot readily offer in a fully bundled suite.
VersaPay filed its intention to list its shares on the Toronto Stock Exchange in the first half of 2009.
 
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