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.
