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Press release from TheNewswire.ca

VersaPay Corporation Enters Into Referral Partnership with Bluefin Payment Systems for Electronic Money Transfer (EMT) in Canada

Wednesday, February 13, 2013

VersaPay Corporation Enters Into Referral Partnership with Bluefin Payment Systems for Electronic Money Transfer (EMT) in Canada12:53 EST Wednesday, February 13, 2013(via Thenewswire.ca) VersaPay's EMT platform enables Bluefin merchants to deposit funds from any bank account in Canada. February 13, 2013--TORONTO, ON--VersaPay Corporation (TSXV: VPY) ("VersaPay" or the "Company"), a leading cloud based electronic money transfer (EMT) provider announced today a strategic partnership with Bluefin Payment Systems. "We are very pleased to have Bluefin join our growing list of strategic partners," said Bill McGill, CEO of VersaPay. "We look forward to working with Bluefin to offer their 15,000 merchants a comprehensive payment solution in the Canadian market that wasn't previously available to them." VersaPay's proprietary Electronic Money Transfer (EMT) platform allows businesses to move money from any bank account in Canada with a click. Businesses writing checks or using wire transfers can complete bulk transactions from their financial software or manually enter one-time transactions with VersaPay's secure payment processing solutions. "This partnership is directly in line with our products and features we currently offer our Bluefin customers", said John M. Perry, CEO of Bluefin Payments Systems. "VersaPay's proprietary EMT platforms will allow our Canadian customers who collect payments by checks and wire transfers to automate the process, saving them both time and money." Bluefin customers wanting to utilize EMT in Canada will now be able to integrate directly with their financial systems and move money without having to write a check. Business can accept one-time or recurring EMT payments directly from their customers' bank accounts. They will be able to automate recurring billing, bill payments and payroll, increasing profits and saving time as well as ensuring that funds are deposited quicker and in a more secure manner. About VersaPay VersaPay is a financial technology company that delivers payment solutions for businesses. VersaPay, together with its partners, provides the hardware, technology, infrastructure and support services to enable businesses of all types to accept and process electronic payments. In addition, the Company's proprietary electronic invoice presentment and payment platform facilitates the efficient exchange of documents and payments between suppliers and customers. VersaPay has operations in Toronto, Montreal and Long Island, NY. More information about VersaPay can be found at www.versapay.com About Bluefin Payment Systems Bluefin Payment Systems specializes in providing secure payment gateway solutions to over 15,000 U.S. and Canadian merchants. The company provides debit/credit card acceptance, ACH processing, recurring billing and more, all backed by secure solutions including point-to-point encryption (P2PE) for POS transactions, transparent redirection, hosted pay page, store and convert processes and PCI consulting for large companies. Bluefin serves major E-commerce merchants, and partners with leading Independent Software Vendors (ISVs) and SaaS providers in a variety of industries to bundle payment processing with their software offerings, enhancing product value and increasing customer satisfaction. Bluefin Payment Systems is headquartered in Atlanta, GA, with offices in New York, Chicago and Tulsa. For additional information please contact: Bill McGill CEO, VersaPay Corporation Bill.mcgill@versapay.com 1-647-258-9378 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. - Copyright (c) 2013 Thenewswire.ca - All rights reserved.