January 26, 2009

VersaPay announces partnership with Shopify to launch “all-in-one” ecommerce suite

VersaPay Corporation, a Canadian processor of credit and debit cards, is pleased to announce it’s partnership with Shopify, an ecommerce store development company, in conjunction with the highly-anticipated launch of VersaPay’s ecommerce division. The two companies both have a team of dedicated ecommerce relationship managers and technology specialists focused on helping merchants get their business online faster, with ease and an increase to their business’ bottom line guaranteed.

“Our partnership with Shopify will now allow us to deliver efficient, end-to-end solutions for Canadian merchants, in just one stop,” says Michael Gokturk, CEO of VersaPay. “Merchants essentially don’t have to worry about anything. All aspects of getting them online, such as hosting, security, shopping cart selection and payment processing are all taken care of in-house.”

Until now, Canadian website owners who wanted to sell on the World Wide Web from their ecommerce stores had to rely on third-party websites to process payments. Complicated setup procedures, lengthy delays before funds were deposited into bank accounts, and limited control over their account made many merchants think twice about selling online. VersaPay saw the need and demand for a true ‘One-Stop Shop’ for virtual-store payment processing, while the partnership with Shopify will get these clients online quickly and without effort.

“We provide merchants with a straightforward interface to build exactly the shop they want, allowing us to help them sell their products online in as little as 2 minutes” says Shopify CEO and co-founder Tobi Lütke.

The Ottawa-based company came about as a solution for people and small businesses to sell great products online, in a way that does those goods justice.

“Partnering with VersaPay means we can offer our customers online payment processing at great rates, without a lengthy application process and high transaction fees.”

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About SHOPIFY

Based in Canada’s capital Ottawa, Shopify is a hosted ecommerce development company. After seeing their own success, the company realized that it could provide this tool to others to help them sell their products online. Shopify stands for simplicity, elegance, and common sense, with a hope to infuse those qualities in everything they do.

About VersaPay

VersaPay is a 100% Canadian and independently-owned payment processor, handling all elements of both credit and debit card merchant and online payment processing. A host of merchant account services, the highest-quality point of sale terminals, and proprietary financial technology solutions such as VersaEFT and the VersaCard, are offered to businesses of any size or industry. VersaPay makes “one stop” merchant payment services a reality for its clients, with an increase to VersaPay’s clients’ bottom line guaranteed.

To learn more about VersaPay’s selection of credit, debit, enterprise and online solutions, visit http://www.versapay.com.

For more information contact Michael Gokturk, Chief Executive Officer of VersaPay Corporation
T: (604) 909-9850 | F: (604) 678-3538