BERWYN, Pa.--(BUSINESS WIRE)--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.
