Quisitive Rebrands LedgerPay as PayiQ
November 01 2022 - 3:05PM
Quisitive Technology Solutions, Inc.
(“
Quisitive” or the “
Company”)
(
TSXV: QUIS, OTCQX: QUISF), a premier Microsoft
solutions provider and payments solutions provider, announced it is
rebranding its cloud-enabled payments solution platform, formerly
known as LedgerPay, as PayiQ.
Quisitive has unveiled a new name and logo for its payment
processing and Payments Intelligence™ platform. As the Company
progresses towards full commercialization of the platform, the new
brand identity defines PayiQ as a leading innovator in the payments
space. The brand evokes intelligence and innovation, bringing to
life the vision for Quisitive’s cloud-enabled payments
solution.
Simultaneous with the brand launch, Quisitive has developed a
new website pay-iq.com which details the platform’s value for
merchants and resellers alike. PayiQ’s cloud-enabled architecture
allows for greater value by developing and deploying innovative
payments solutions that remove friction and enable unique data
insights for consumer engagement.
Quisitive’s merchant services group, BankCard USA, is a critical
component of the Quisitive Payments Solutions vision. The Company
will integrate BankCard USA employees into the Quisitive umbrella
as Quisitive team members. Following these integration efforts and
slated for summer 2023, BankCard USA will then transition its
go-to-market service offerings to the PayiQ brand, completing the
full suite of payments solutions delivered to the market under the
PayiQ name.
Jana Schmidt, President of Quisitive Global Payments Solutions,
said of the rebrand, “The transition to the PayiQ brand is well
aligned to our go-to-market strategy and plans for acceleration in
2023. The name and the brand imagery evoke the energy this solution
is bringing to the industry and is synergistic with the Quisitive
brand.”
About Quisitive:Quisitive (TSXV: QUIS, OTCQX:
QUISF) is a premier, global Microsoft partner that harnesses the
Microsoft cloud platform and complementary technologies, including
custom solutions and first-party offerings, to generate
transformational impact for enterprise customers. Our Cloud
Solutions business focuses on helping enterprises move, operate,
and innovate in the three Microsoft clouds. Our Payments Solutions
division leverages the PayiQ platform powered by Microsoft Azure to
transform the payment processing industry into an entirely new
source of customer engagement and consumer value. Quisitive serves
clients globally from seventeen employee hubs across the world. For
more information, visit www.Quisitive.com and follow
@BeQuisitive.
Quisitive Investor ContactMatt Glover and John
YiGateway Investor RelationsQUIS@gatewayir.com949-574-3860
Cautionary Note Regarding Forward Looking
Information
This news release contains certain “forward‐looking information”
and “forward‐looking statements” (collectively, “forward‐ looking
statements”) within the meaning of applicable Canadian securities
legislation regarding Quisitive and its business. Any statement
that involves discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions,
future events or performance (often but not always using phrases
such as “expects”, or “does not expect”, “is expected”,
“anticipates” or “does not anticipate”, “plans”, “budget”,
“scheduled”, “forecasts”, “estimates”, “believes” or “intends” or
variations of such words and phrases or stating that certain
actions, events or results “may” or “could, “would”, “might” or
“will” be taken to occur or be achieved) are not statements of
historical fact and may be forward‐looking statements. Forward‐
looking statements are necessarily based upon a number of estimates
and assumptions that, while considered reasonable, are subject to
known and unknown risks, uncertainties, and other factors which may
cause the actual results and future events to differ materially
from those expressed or implied by such forward‐looking statements.
These forward-looking statements include, but are not limited to,
statements relating to: the full commercialization and success of
PayiQ, the integration of BankCard USA employees into Quisitive,
and the transition of BankCard USA’s go-to-market service offerings
to the PayiQ brand. The risks and uncertainties that may affect
forward-looking statements, or the material factors or assumptions
used to develop such forward-looking information, are described
under the heading "Risks Factors" in the Company's annual
information form dated June 23, 2022, which are available under the
Company’s issuer profile on SEDAR at www.sedar.com. There can be no
assurance that forward-looking information, or the material factors
or assumptions used to develop such forward-looking information,
will prove to be accurate. The Company does not undertake any
obligations to release publicly any revisions for updating any
voluntary forward-looking statements, except as required by
applicable securities law.
Neither the TSXV nor its regulation services provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/01efeaa4-6bed-4fa9-bd91-fff8923cd50d
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