JetPay Helps WePay Launch in Canada
February 11 2015 - 10:54AM
Business Wire
JetPay® Payment Services, a division of JetPay Corporation
(“JetPay” or the “Company”) (NASDAQ: “JTPY”), a leading provider of
debit and credit card processing, payroll, HR and prepaid card
services, today announced that it helped WePay® to successfully
launch its Canadian Operations.
WePay is the leading provider of integrated payment services to
crowdfunding sites, small business software and online
marketplaces. WePay gives partners control over the customer
experience, while shielding them from risk and regulatory
exposure. JetPay is an end-to-end processor whose flexible and
unique processing platform enables creative companies like WePay to
bring fast, secure processing to their clients in a timely
manner.
Bill Clerico, chief executive officer of WePay stated: “When we
decided to expand internationally, Canada was the first market we
wanted to support outside the U.S., and JetPay had the ability to
help us get there quickly and successfully.” He also noted: “In the
first few months, we’ve processed payments for about 8,000
merchants through JetPay’s platform. We expect our Canadian
merchant base to grow as quickly as our U.S. base.”
Bipin C. Shah, Chairman and CEO of JetPay Corporation, stated:
“We are excited to partner with WePay.” He continued: “They are
precisely the type of creative, dynamic, fast-growing companies we
service well due to our flexibility and creativity.”
About JetPay Corporation
JetPay Corporation, based in Berwyn, PA, is a leading provider
of vertically integrated solutions for businesses including card
acceptance, processing, payroll, payroll tax filing and other
financial transactions. JetPay provides a one vendor solution for
payment services, debit and credit card processing, ACH services,
and payroll and tax processing needs of businesses throughout the
United States. The Company also offers low-cost payment choices for
the employees of these businesses to replace costly alternatives.
The Company’s vertically aligned services provide customers with
convenience and increased revenues by lowering payments-related
costs and by designing innovative, customized solutions for
internet, mobile, and cloud-based payments. Please visit
www.jetpay.com for more information on what JetPay has to offer or
call 866-4JetPay (866-453-8729).
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. JetPay’s actual
results may differ from its expectations, estimates and projections
and consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “continue,” and similar expressions are
intended to identify such forward-looking statements. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside JetPay’s control and are difficult to predict. Factors that
may cause such differences include, but are not limited to, those
described under the heading “Risk Factors” in the Company’s Annual
Report filed with the Securities and Exchange Commission (“SEC”) on
Form 10-K for the fiscal year ended December 31, 2013, the
Company’s Quarterly Reports on Forms 10-Q and the Company’s Current
Reports on Form 8-K.
JetPay cautions that the foregoing list of factors is not
exclusive. Additional information concerning these and other risk
factors is contained in JetPay’s most recent filings with the
Securities and Exchange Commission. All subsequent written and oral
forward- looking statements concerning JetPay or other matters and
attributable to JetPay or any person acting on its behalf, are
expressly qualified in their entirety by the cautionary statements
above. JetPay cautions readers not to place undue reliance upon any
forward-looking statements, which speak only as of the date made.
JetPay does not undertake or accept any obligation or undertaking
to release publicly any updates or revisions to any forward-looking
statements to reflect any change in its expectations or any change
in events, conditions or circumstances on which any such statement
is based.
JetPay CorporationPeter DavidsonVice
Chairman484-324-7982Peter.davidson@jetpaycorp.com
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