McDonough's Sewer Service Reduces Time to Send Invoices and Collect Payments via Heartland, VersaPay Cloud-Based Solution
PRINCETON, NJ, Aug. 13, 2015 /CNW/ - Heartland Payment Systems (NYSE: HPY), one of the nation's largest payment processors, and VersaPay Corporation (TSXV: VPY), a leading provider of cloud-based invoicing and accounts receivable management, today announced they are collaborating to help merchants improve their accounts receivable through a cloud-based software solution utilizing the Heartland Portico™ Gateway and VersaPay ARC® platform.
Heartland and VersaPay helped McDonough's Sewer Service, owner of unclogdrains.com, reduce the time it takes to invoice and collect payment for their services for residential and commercial clients in the twin cities of Minneapolis and St. Paul, Minn. and surrounding areas.
McDonough's Sewer Service has provided a variety of services for more than 20 years including drain cleaning, water jetting, industrial vacuuming, sewer video inspection, de-watering, hydro-excavating/potholing, ceiling and structure cleaning, high-pressure washing, production line cleaning and manufacturing facility cleaning.
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Tags/Keywords: Heartland Payment Systems, Heartland, Heartland Portico Gateway, Portico Gateway, VersaPay, VersaPay ARC, McDonough's Sewer Service, Unclogdrains.com, Joe Wysocki, Steve McDonough, John McLeod
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About Heartland
Heartland Payment Systems, Inc. (NYSE: HPY), one of the largest payment processors in the United States, delivers credit/debit/prepaid card processing and security technology through Heartland Secure™ and its comprehensive Heartland breach warranty. Heartland also offers point of sale, mobile commerce, e-Commerce, marketing solutions, payroll solutions, and related business solutions and services to more than 300,000 business and educational locations nationwide.
A FORTUNE 1000 company, Heartland is the founding supporter of the Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. Heartland also established the Sales Professional Bill of Rights to advocate for the rights of sales professionals everywhere.
About VersaPay
VersaPay Corporation (TSXV: VPY), is a leading cloud-based invoice presentment and payment provider for businesses of all sizes. VersaPay's ARC software-as-a-service offering allows businesses to easily deliver customized electronic invoices to their customers, to accept credit card and EFT payments and automatically reconcile payments to their ERP and accounting software. VersaPay is headquartered in Toronto, Canada and also has operations in Montreal.
More information about VersaPay can be found on the Company's website at www.versapay.com or under the Company's profile on SEDAR at www.sedar.com.
Forward Looking and Other Cautionary Statements
This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the activities, events or developments that the VersaPay expects or anticipates will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of VersaPay to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, risks related to the speculative nature of VersaPay's business, VersaPay's formative stage of development and VersaPay's financial position.
Forward-looking statements contained herein are made as of the date of this news release and VersaPay disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE VersaPay Corporation
Image with caption: "VersaPay Corporation (CNW Group/VersaPay Corporation)". Image available at: http://photos.newswire.ca/images/download/20150813_C5155_PHOTO_EN_477022.jpg
Image with caption: "Heartland Payment Systems (CNW Group/VersaPay Corporation)". Image available at: http://photos.newswire.ca/images/download/20150813_C5155_PHOTO_EN_477020.jpg
Kevin Petschow, Heartland, +1.312.205.1607, [email protected]; Chandra Hayslett, G&S Business Communications, +1.212.697.2600, Ext. 1267, [email protected]; John McLeod, VersaPay Corporation, +1.647.258.9406, [email protected]; Babak Pedram, Virtus Advisory Group Inc., +1.416.644.5081, [email protected]
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