MONTREAL, Nov. 19, 2013 /CNW Telbec/ - Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF) is pleased to announce its subsidiary Hybrid PayTech Asia, Inc. has signed a Memorandum of Understanding with INFOMAX Systems Solutions & Services Co., Ltd., to partner and jointly deploy EMV MPOS for Credit & Debit in Bangkok, Thailand. The agreement between the companies will further address the needs of
banks enabling their merchants requiring a global payment environment
that will make possible mobile check out, hospitality, field services,
line busting and delivery services. "We look forward to working with INFOMAX to deliver a total mobile
strategy to Thailand's Banks, Telco's and their clients expanding the
HybridVirtuo, HybridConnect & HybridMPOS solutions." said Gary Repchuk,
Director of Hybrid PayTech Asia, Inc.
In addition the Multi-OS Hybrid Connect solution also delivers a much needed solution for ISV, ERP and & ECR
channels of business which currently do not have a certified solution
to adopt that meets EMV requirements and offers a variety of
interoperability options for scalability.
About Bangkok, Thailand
Bangkok is the cultural, economic and political capital of Thailand.
Many visitors in Bangkok are overwhelmed by the sheer size of the city
and the vast number of attractions it has to offer spanning for more
than two centuries of rapid development following the city's founding
in 1782. Today, Bangkok is considered a transport hub and a popular
travel destination in Asia.
Approximately 7 million of the country's total population lives in
Bangkok. The population of Thailand is roughly 65 million and has key
cities like Bangkok, Chiang Mai and Phuket.
Main Industries: tourism, textiles and garments, agricultural processing, beverages,
tobacco, cement, light manufacturing such as jewelry and electric
appliances, computers and parts, integrated circuits, furniture,
plastics, automobiles and automotive parts; world's second-largest
tungsten producer and third-largest tin producer.
About INFOMAX SYSTEMS SOLUTIONS & Services Co, Ltd
INFOMAX is a payment software and services solution provider in Thailand. They
help financial industry clients in building cost effective payment
systems. www.infomax.co.th
About Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF)
Hybrid PayTech World Inc. Develops an Enterprise Ready Mobile Payment
Platform for the leading OS's (IOS, Android, BB and Windows 6,7,8). The
Corporation's holding, First Equity Strategy LLC, markets itself with
the DBA: Hybrid Paytech. Visit www.hybridpaytech.com and click on our corporate video presentation www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be
HybridPaytech based in Montreal, Canada, is a technology leader in the mobile payment
space for EMV& MSR credit and debit acceptance. With a global
footprint, Hybrid is an enabler of easily-deployable payment systems
focusing on authentication, approved security and quick merchant
adoption in Fleet, Delivery, Logistics and Retail. For more information
on Hybrid PayTech, please visit www.hybridpaytech.com or www.hybridpos.com
The Canadian National Stock Exchange (CNSX) has not reviewed this news
release and does not accept responsibility for its adequacy or
accuracy. This news release does not constitute a solicitation to buy
or sell any securities in the United States.
SOURCE Hybrid PayTech World Inc.
