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VANCOUVER, BC, June 25, 2020 /CNW/ - HealthSpace Data Systems Ltd. (the "Company" or "HealthSpace") (CSE: HS) (Frankfurt: 38H) (OTC: HDSLF) is pleased to announce it has finalized a contract amendment, pursuant to the Company's previous release on November 20, 2019, for Franklin County Public Health in Ohio to utilize HSPay. HSPay will be utilized as the exclusive online payment service for the Franklin County Public Health Department.
This is the first contract to fully include HSPay which allows the Company to begin deploying its payment solution immediately. Franklin County Public Health collects over $8m a year in revenue. All of this revenue has the ability to be processed through HSPay when a person or business desires to pay their regulatory fees online.
HealthSpace CEO, Silas Garrison noted "HSPay is one of the most exciting endeavors we have undertaken as a company. I am pleased to see the desire from agencies in our market wanting an online payment solution that is tailored to their regulatory needs. HSPay is fully integrated into our HSCloud platform making it a seamless integration and process for online bill pay. HSPay has the ability to significantly increase our revenue over and above our standard SaaS contracts for HSCloud. As we continue to scale, and close more deals, HSPay will be a pivotal driver in our revenue growth."
HealthSpace Data Systems Ltd.