VersaPay and Chase Paymentech team to offer payment processing in Canada

Source: Chase Paymentech

VersaPay Corporation, a national Canadian sales organization providing payment processing and financial transaction solutions, has signed an agreement with Chase Paymentech to offer businesses a single source selection in processing credit, debit and customized gift card transactions.

Leveraging Chase Paymentech's powerful payments technology, VersaPay will provide Canadian merchants the ability to accept Visa, MasterCard, American Express, Discover, JCB, Interac Direct Debit and Interac Online as well as FlexCache, Chase Paymentech's customizable stored value/gift card program. VersaPay will further enhance its B2B payment platform by integrating with Chase Paymentech's technology infrastructure.

In making the announcement, Mark Lachance, President of VersaPay said, "We are excited to have forged a relationship with Chase Paymentech. They have proven to be a phenomenal technology and network provider and we look forward to leveraging our synergies and providing the Canadian marketplace with unparalleled service."

Sam Jawad, President, Chase Paymentech Canada thinks this agreement creates a great opportunity for both companies. "Today's consumers demand choice and we are pleased to be working with VersaPay to enable merchants to provide the full spectrum of payment acceptance. Additionally, Chase Paymentech's FlexCache will allow many businesses to profit from the rapid growth of the gift card market."

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