MONTREAL, July 4, 2012 /CNW Telbec/ - President of Hybrid PayTech, Mr.
Michele Tasillo stated "We are very pleased to announce a long term
partnership agreement with TRX-World. Through this agreement TRX will
supply access to credit and debit payment networks and certification
expertise while ensuring routing capability with existing acquirers as
we expand our domestic and global portfolio of payment acquiring
partners. We anticipate this partnership will allow us to expand our
ERP (Enterprise Ready Platform) for Mobile quite rapidly facilitating
merchants with payment processing needs allowing access to several
President of TRX-World, Mr. Jean Pierre Gagnon stated "We are extremely
excited to assist such a dynamic and entrepreneurial team in the Mobile
Payment space. Hybrid has quite an innovative technology and this
multi-level agreement will enable a close cooperation".
Transax World, Inc. operates a proprietary switch capable of routing
debit/credit transactions worldwide (card present and not present). It
also develops proprietary payment, gift and loyalty applications for
terminal vendors. Its team of developers is uniquely positioned to
assist with EMV migration, particularly in the unattended verticals
where its Tokenization & Hashing proprietary solutions reduce the PCI
scope. TRX looks at international opportunities and strategic
alliances, competing on the basis of ideas rather than size. With
offices in Russia, Spain, Italy, Canada and USA, Transax World can
localize its proprietary solutions quickly in order to meet time and
About Freeport Capital Inc.
First Equity Strategy LLC (DBA; Hybrid Paytech is a subsidiary of
Freeport Capital Inc. Based in Montreal, Canada & sister companies;
Hybrid PayTech Barbados & Hybrid PayTech Asia; Hybrid Paytech is a
technology leader in the mobile payment space for credit and debit
acceptance. With a global footprint, Hybrid Paytech is an enabler of
deployable PCI & EMV approved for quick merchant adoption in fleet,
delivery, logistics, transit, e-commerce and retail.
For further information on Hybrid PayTech, please visit www.hybridpaytech.com and click on our corporate video presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be
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 FREEPORT CAPITAL INC.
For further information:
Freeport Capital Inc. (FAS:CNSX) www.freeportcapitalinc.com
Mr. Michele Tasillo (514) 394 5200