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Hybrid PayTech World Inc (CSE: HPT) Signs Exclusive MPOS Supply Agreement With Relation Payment Gateway Co For Japan Market

Stocks in this article: HPT

MONTREAL, Feb. 6, 2014 /PRNewswire/ - Hybrid PayTech (CSE: HPT) (OTC: FPOTF) is pleased to announce that its wholly owned subsidiary Hybrid PayTech Asia Pacific (HK) Limited has signed an exclusive supply agreement with Relation Payment Gateway Co., Ltd to develop and launch HybridMPOS mobile payment solution for both credit and debit cards in Japan.

Hybrid is pleased to have this opportunity to work with Relation Payment Gateway Co., Ltd to develop and market mobile payment solutions/services on J-Debit network, the national debit card platform of Japan and looks forward not only to growing our partnership with Relation Payment Gateway Co., Ltd but also to bring the benefits of growing our extensive network of partnerships to our banking, retail and enterprise clients globally as well.

Relation Payment Gateway Co., Ltd will give Hybrid access to local Japanese retail market in developing mobile solutions and opportunities to the local merchant network for sales and marketing support to further strengthen Hybrid's presence in Asia and grow new business opportunities.

For more information please contact Ronald Chua, President Asia Pacific at ron.chua@hybridpaytech.com or +852 91623116 / Stephane Boisvert, Chief Executive Officer  stephane.boisvert@hybridpaytech.com

About Relation Payment Gateway Co., Ltd.

Relation Payment Gateway Co., Ltd. is a leader in payment technology in Japan. Established in 2011, the company has been providing payment services to over 1,500 merchants throughout the country ranging from fashion, sports & music entertainment to expo & exhibition organizers, etc. The company is in the process of being listed on the Tokyo Stock Exchange (TSE: Mothers). The company is also an official club partner of Yokohama FC, one of the leading professional football league teams in the J-League where they are responsible for ticket sales, food concession stalls, events, EC site, website and other related services supporting the club. To discover more, please visit www.relation-pg.com or contact HIRAYAMA Shinya (Mr.) at hirayama@relation-pg.com or +81-3-6431-8700

Hybrid PayTech World Inc.

Hybrid PayTech World Inc. (CSE: HPT) (OTC:FPOTF) develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 7). The Corporation's holding, First Equity Strategy LLC, markets itself with the DBA: Hybrid PayTech. Visit www.hybridpaytech.com and click on our corporate video presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be

Hybrid PayTech based in Montreal, Canada, is a technology leader in the mobile payment space for 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 www.hybridpaytech.com or www.hybridpos.com

The Canadian Securities Exchange (CSE) 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.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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