Shrewsbury, MA – According to filings with the U.S. Securities and Exchange Commission, Paerpay is raising $4,191,260.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Derek Canton played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Paerpay
More than ever, merchants like restaurants need help to adopt contactless payments, especially restaurants with old legacy POS systems. These restaurants are struggling to implement new payment standards because their old POS systems don’t offer a reliable and integrated solution that is cost-effective and easy to use. Paerpay provides restaurants with a contactless payment solution that does not require them to change their hardware or credit card processor. Also, their customers don’t need to download an app. We make payments as simple as a text message.

To learn more about Paerpay, visit http://paerpay.com/

Contact:
Derek Canton, Chief Executive Officer
508-414-6564
https://www.linkedin.com/in/derekecanton/

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