Nov. 19, 2013
Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF)
is pleased to announce its subsidiary
Hybrid PayTech Asia, Inc.
has signed a Memorandum of Understanding with
INFOMAX Systems Solutions & Services Co., Ltd.
, to partner and jointly deploy
EMV MPOS for Credit & Debit in Bangkok, Thailand.
The agreement between the companies will further address the needs of banks enabling their merchants requiring a global payment environment that will make possible mobile check out, hospitality, field services, line busting and delivery services.
"We look forward to working with INFOMAX to deliver a total mobile strategy to Thailand's Banks, Telco's and their clients expanding the HybridVirtuo, HybridConnect & HybridMPOS solutions." said Gary Repchuk, Director of Hybrid PayTech Asia, Inc.
In addition the
Multi-OS Hybrid Connect
solution also delivers a much needed solution for ISV, ERP and & ECR channels of business which currently do not have a certified solution to adopt that meets EMV requirements and offers a variety of interoperability options for scalability.
About Bangkok, Thailand
is the cultural, economic and political capital of
. Many visitors in
are overwhelmed by the sheer size of the city and the vast number of attractions it has to offer spanning for more than two centuries of rapid development following the city's founding in 1782. Today,
is considered a transport hub and a popular travel destination in
Approximately 7 million of the country's total population lives in
. The population of
is roughly 65 million and has key cities like
tourism, textiles and garments, agricultural processing, beverages, tobacco, cement, light manufacturing such as jewelry and electric appliances, computers and parts, integrated circuits, furniture, plastics, automobiles and automotive parts; world's second-largest tungsten producer and third-largest tin producer.
About INFOMAX SYSTEMS SOLUTIONS & Services Co, Ltd
is a payment software and services solution provider in
. They help financial industry clients in building cost effective payment systems.
About Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF)
Hybrid PayTech World Inc. Develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 6,7,8). The Corporation's holding, First Equity Strategy LLC, markets itself with the DBA:
and click on our corporate video presentation
, is a technology leader in the mobile payment space for EMV& MSR credit and debit acceptance. With a global footprint, Hybrid is an enabler of easily-deployable payment systems focusing on authentication, approved security and quick merchant adoption in Fleet, Delivery, Logistics and Retail. For more information on Hybrid PayTech, please visit
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 Hybrid PayTech World Inc.