VAUGHAN, ONTARIO, Jan. 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Comepay, Inc. (OTCPINK: CMPY) (“the Company”) is pleased to announce that its wholly owned subsidiary Chek-Online LLC, a leading manufacturer of fiscal cash registers in Russia, and developer of the family of Cassatka smart terminals, has now added Asus as its newest customer in order to bring their online store compliant with Russian Federal Law 54, requiring businesses and individuals to use federally compliant cash registers, including a fiscal chip for processing sales transactions.

ASUS, a Taiwan-based, multinational computer hardware and consumer electronics company was established in 1989 and is dedicated to creating products for a smart life. According to their corporate website, ASUS is the world’s No. 1 motherboard and gaming brand as well as a top-three consumer notebook vendor. [1]

ASUS is the next major corporation in Russia to have joined the list of companies connected to the Chek-online cloud payment-terminal service. Asus has completed an online payment-terminal lease agreement with Chek-online, and the hardware features have ready integration with the necessary external systems used by the ASUS online store.

Chek-online’s data center can handle a large number of transactions simultaneously as well as generate online receipts in real time.

Using the Chek-online interface account enables ASUS to monitor the status of its payment terminals, issue refunds and corrections to receipts, track balances, and receive settlement documents, as well as various other backend features which allow for complete and timely analysis of sales data.

Mr. Dmitry Tsatskhin, Comepay CEO, added, “We could not be more pleased to add yet another industry leading corporation to our list of clients. As we continue to add new features to our platform we plan for ongoing expansion in the Russian marketplace.”

[1] https://www.asus.com/hk-en/About_ASUS/Company-Introduction

About Comepay

The Comepay group of companies including Comepay, RP Systems, M-NN LLC and Chek-online have been operating for over 11 years providing internet acquiring services and support, facilitating instant payments and internet-based payment transactions via kiosks, mobile interfaces and web-based applications such as electronic wallets.  The Company also leases and sells cash registers and Point of Sale (POS) systems, including its recently developed proprietary multifunctional smart POS fiscal cash register system. Combining proprietary software and equipment, Comepay processes over 10 million customer payments per month and presently has more than 22,000 kiosks across Russia.  The companies are currently focusing their planned business expansion on the smart POS fiscal cash register system called “Cassatka” in order to help businesses comply with newly released Russian taxation legislation, 54-FZ which requires 1.2 million businesses in fiscal 2018, and a further 1.4 million businesses in fiscal 2019 to install new, federally compliant on-line cash registers.  The Cassatka, Comepay’s multifunctional smart POS online fiscal cash register can process payments and meet fiscal data storage requirements for participating businesses.  It is a convenient and cost competitive solution for businesses to meet the new federal taxation requirements in Russia, and is currently being manufactured for distribution prior to June 2018. As the companies expand their business model, we expect to offer blockchain acquiring services and also to accept payments in multiple crypto currencies on the Cassatka. The Comepay group of companies presently earn revenue from a variety of channels including fee based commissions on payment processing for both cash and debit card payments, software licensing, kiosk placement fees and other rental fees for cash registers and associated equipment.  The Comepay companies are looking to expand rapidly in fiscal 2018 and beyond as we introduce and market the Cassatka along with a suite of enhanced user features. Please see websites below:www.comepaygroup.com, www.comepay.ru, www.Cassatka.me, www.chekonline.ru, www.starrys.ru  

Dmitry Solomovich
9546072296
info@comepayinc.com