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Versa Pay Acquires Wireless Provider |
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VersaPay Corporation today announced today that it has acquired control of
Positive Inc. (“Positive”), a leading provider of wireless point of sale
terminals and merchant services in Canada.
Following the closing of the transaction, Positive will
operate as a separate subsidiary of VersaPay Corporation.
“We are very excited about working directly with
Positive’s team and enhancing the suite of financial transaction products we can
offer our merchants,” said Michael Gokturk, CEO of VersaPay Corporation. “Given
the tremendous expertise Positive has in the wireless terminal sector and their
exceptional credibility and integrity in the industry, we couldn’t be happier to
find an acquisition that fits perfectly with our strategy of expanding our
service offerings and adding value to merchant relationships.”
“Positive has built an intense infrastructure unparalleled
by many competitors and financial institutions,” says Anthony Stapenhurst,
President and CEO of Positive. “We have been able to do so by establishing
relationships with many vendors from which we are able to offer more products
and services to customers to better meet their individual needs. To attain a
competitive edge is to enhance the standard products in the market place by
tying in more value added programs and services that benefit not only the
business owners but the end users as well.”
ABOUT POSITIVE
Positive Inc. is one of Canada’s leading credit and debit
card processing companies specializing in wireless POS terminal deployment and
injection. With over 1,500 terminals deployed to some of the largest taxi
companies in Canada, Positive has grown very quickly since its inception. The
company also provides standard merchant accounts to small and medium sized
businesses across Canada. The company was established by Anthony Stapenhurst, a
CIBC veteran since 1998 and referred to as a pioneer in the deregulated private
sector for offering payment solutions to merchants.
ABOUT VERSAPAY
VersaPay provides the hardware, technology, infrastructure
and support services that businesses of all types and sizes require to accept
credit, debit cards from their consumers or clients. The company also provides
value-added payment solutions such as e-commerce solutions, loyalty & gift
cards as well as B2B payment platform integration and systems design. VersaPay
has offices in Vancouver, Montreal and Calgary. Learn more about VersaPay
Corporation at www.versapay.com or by calling 1-866-999-VPAY
(8729).
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