VersaPay Signs Large Retail REIT as Newest ARC® Client

VersaPay Corporation (TSXV: VPY) (“VersaPay”), a leading provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, is pleased to announce that it has signed another major US REIT to add to its growing client list in commercial real estate.

With properties across the US, the client sought a solution that would drive strong tenant adoption and convert its high volume of check payments to digital. Versapay ARC creates an online payment experience for tenants that is convenient, secure, and if the tenant chooses, fully automated. VersaPay’s deep experience with MRI integrations further solidified the client’s choice to move online with ARC.

“Our focus on automating the receivables process while enhancing the tenant experience has been very successful for our clients,” stated Craig O’Neill, Chief Executive Officer of VersaPay. “The commercial real estate sector continues to be a leading vertical for VersaPay, and we’re delighted to be working alongside yet another large US REIT to enhance the level of service offered to their tenants.”

SOURCE VersaPay Corporation