The Terry Fox Foundation Expands Mobile Payment Coverage With VersaPay

TORONTO, Nov. 6, 2014  /CNW/ - 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.

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SOURCE: VersaPay Corporation

about this news release, please contact: David C.W. Chan, Chief Financial Officer, VersaPay Corporation, Telephone: [phone], Email: [email protected]