PPPC and VersaPay Sign Exclusive Credit & Debit Processing Rates Payment Processing Agreement

Vancouver, BC, June 16, 2008 – The Promotional Product Professionals of Canada (PPPC) is pleased to announce the signing of VersaPay Corporation, a national payment processing and financial transaction solutions provider, to its list of valued benefits for members.

Under this agreement, all PPPC members in good standing will benefit from preferred rates for all Visa, MasterCard and Interac transactions.

As well, members will receive reduced rates on all terminal rentals, leases and purchases, along with other cost reductions for other VersaPay service offerings.

"The program designed by VersaPay for our members", says Donald O'Hara, PPPC President and CEO, "is tailored and truly responds to their needs. We are very proud of this partnership between PPPC and VersaPay."

Patrick MacDonald, President of VersaPay says: "It is with great pleasure that we welcome all PPPC members on-board with VersaPay. The PPPC has been in existence here in Canada since 1956, supporting both Canadian companies and employees from coast to coast.

We truly value having such a long lasting and credible association with us here at VersaPay. This is a wonderful opportunity for both organizations and I look forward to a long and lasting relationship with the PPPC."

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).