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Article: VerifySmart Signs 50-50 Revenue Sharing Agreement with i-Pay Commerce Ventures; Targets Share of Philippines' $22B Remittance Transfer Market.
- Article from:
- PR Newswire
- Article date:
- October 27, 2009
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TAGUIG, Metro Manila, Philippines, Oct. 27 /PRNewswire-FirstCall/ -- VerifySmart(TM) Corp. (VSMR: OTCBB): ("VerifySmart" or the "Company"), a global leader in secure and fraud free credit and debit payment processing services, today signed a 50-50 revenue sharing agreement (the "Agreement") with i-Pay Commerce Ventures Inc ("IPCV")., a subsidiary of the Intellectual Property Ventures Group Corporation, a listed company on the Philippine Stock Exchange (PSE), to initiate a two-stage integration of the Company's VerifyTransfer(TM) platform. IPCV is a major player in Asia's Information and Technology sectors, with a focus on telecommunications, on-line gaming, and business ...