Mar 8 , 2010

VersaPay partners with Business Improvements Areas of British Columbia

TORONTO--VersaPay Corporation, a provider of merchant credit, debit, gift and loyalty card payment processing solutions, today announced that it has signed a three-year, exclusive partnership agreement with the Business Improvements Areas of British Columbia (BIABC), a not-for-profit organization that promotes business improvements in British Columbia on behalf of its merchant membership base. VersaPay will provide all BIABC members preferred rates when implementing any VersaPay on-site or online payment processing solution.

"This Partnership helps strengthen our competitive position in British Columbia and provides an excellent growth opportunity for us, as the BIABC represents approximately 40,000 individual businesses across the province," said Michael Gokturk, CEO VersaPay. "We look forward to working with the BIABC's diverse membership base to provide them with customized and cost-efficient credit and debit card payment processing solutions."

"I believe this Partnership provides important benefits to interested BIA business members," said Patricia Barns, BIABC President and Executive Director of the Hastings North BIA. "In particular, it gives them the opportunity to realize potential operating cost savings, which is extremely valuable given the challenging economic environment."

The Business Improvement Areas of British Columbia (BIABC) was formed in 1991 to assist and promote the BIA movement in British Columbia. As a not-for-profit organization, BIABC provides networking opportunities, works on outreach, lobbies the government, assists with renewal efforts, hosts an annual spring conference, publishes electronic newsletters and promotes members. BIABC's mission is to demonstrate leadership that will champion strong, vibrant and successful downtowns, mainstreets, and commercial districts throughout British Columbia.



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