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VersaPay signs with the Korean Businessmen's Co-Op Association

Vancouver, October 9th, 2007 – VersaPay Corporation, a national payment processing and financial transaction solutions provider is pleased to offer preferred rates to members of the Korean Businessmen’s Co-Op Association of British Columbia (KBCABC).

Under the agreement, KBCABC members in good standing will receive a preferred rate for Visa, MasterCard and Interac Direct Payment processing. In addition members will be offered preferred rates on all the company’s additional products and services including loyalty & gift cards, point of sale terminal leasing, rental or purchase, as well as installation.

“We’re pleased to partner with VersaPay,” says Donald Lee, President of KBCABC. “We deal primarily with small businesses and we are always looking for ways to help them grow.”

“In offering preferred rates to association members we’re able to build the relationship to meet specific needs and in turn help them build their businesses,” says Michael Gokturk, CEO of VersaPay. “We look forward to working with the KBCABC and their members.”

KBCABC members can access more information through the KBCABC website, by contacting the KBCABC directly or by calling VersaPay at 604-678-3230 and identifying yourself as a member.

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).

About Korean Businessmen’s Co-op Association of British Columbia

The Korean Businessmen’s Co-Op Association of British Columbia (KBCABC), a member of the Korean Chamber of Commerce of Canada represents Korean owned businesses from across the province. Learn more about the KBCABC at www.kbcabc.com .

For More Information, please contact VersaPay Corporate Communications at 604-678-3230 or info@versapay.com