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Versapay Corp - Ordinary Shares VPYYF

VersaPay Corp is a financial technology company that provides cloud-based accounts receivable automation software and payment solutions for businesses. The company's only segments are VersaPay Solutions Through its VersaPay Solutions segment, the company focuses on electronic invoice presentment with its ARC software (ARC) and develops value-added payment technologies, such as its PayPort and VersaPay Gateway. It sells its products to customers in Canada and the United State.


OTCPK:VPYYF - Post by User

Comment by luberonon Mar 31, 2017 12:23am
101 Views
Post# 26056266

RE:Versapay March presentation

RE:Versapay March presentation
rex50 wrote: Shows a large Canadian bank going Live with Versapay ARC solution. It has over 100000 business customers with revenue between 50 million and 1000 million-- suppliers for Versapay ARC solution and some have already started. These two resellers-- tier 1 bank and Ricoh -- expands market reach substantially per presentation which is already 4 weeks old. Imagine this company has less than 100 suppliers now but has access to 100000 more such suppliers in coming weeks and months to grow revenue imo. Your comments appreciated 


Thanks for reminding us of the updated presentation.  

I don't see a news release and so must have missed the memo but from slide 13, when did this happen - "A leading bank launches white label version of ARC in Feb ‘17"? I was in Mexico in Feb so perhaps mentioned on tv or fin press?

Also, where does your stat that this tier 1 bank has over 100,000 business customers come from?

TIA
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