Ann: GENERAL: GEO: GeoOp launches payments solution, GeoPay

• Release Date: 05/02/16 09:47
• Summary: GENERAL: GEO: GeoOp launches payments solution, GeoPay
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					GEO
05/02/2016 09:47
GENERAL
NOT PRICE SENSITIVE
REL: 0947 HRS GeoOP Limited

GENERAL: GEO: GeoOp launches payments solution, GeoPay

GEOOP (LIMITED (NZX:GEO)

5 February 2016

GeoOp launches easy-to-use and secure payments solution, GeoPay

Mobile workforce management software company GeoOp (NZX:GEO) has partnered
with fully managed payments platform PromisePay to provide its clients with a
fast and secure online payments solution.

Called GeoPay, the new system allows GEO's clients to collect payments from
their customers quickly and safely, improving their cashflow and user
experience. Customers are able to pay them at any time, anywhere, from any
device, without the need to set up a merchant bank account. It is simple to
use, and there are no contracts or monthly transaction fees.

GEO clients who opt to use GeoPay are able to receive customer payments
overnight safely and securely, eliminating the need to chase unpaid invoices.
It is also convenient for mobile workers, who no longer need to carry cash or
clunky card readers or handle cheques, which cuts down on paperwork.

GEO's chief executive officer Anna Cicognani says GeoPay will make it much
easier for clients to be more efficient and improve their bottom line.

"Our clients tell us that one of the biggest problems they find is getting
paid on time, and GeoPay solves that issue immediately," Dr Cicognani says.
"GeoPay allows them to invoice their customers while out on the job and get
paid straight away.

"It's simple to use, minimises paperwork and means money they are owed is
safely and quickly in their pockets."

Auckland-based GEO has expanded strongly over the past 12 months, with the
majority of its clients in Australia, New Zealand and North America. It
recently received a top prize at the AUT Excellence in Business Support
Awards and claimed top spot in GetApp's Q3 GetRank's global ranking of field
service management software.

PromisePay is the fully managed payments solution built for online and mobile
platforms, powering fast, flexible and simple payments. It manages the
complex payments requirements for platforms across Australia, New Zealand and
the United States, including one of Australia's fastest growing marketplaces,
Airtasker. The company was recently named as "One to Watch" in a KPMG report,
Global Fintech 100, which monitors the world's top innovators in the
financial services industry.

Commenting on the partnership, PromisePay's chief executive officer Simon Lee
said:  "GeoOp has been very proactive in helping its clients build a stronger
business and provide a great customer experience, where they no longer have
to chase invoices, handle cash or carry hardware. On-the-job mobile payments
with the security of GeoPay not only ensures everyone gets paid, but enhances
trust between users and the platform.

"The shift from cash and credit cards to mobile payments is happening at an
extraordinary pace, as consumers demand a safer, faster and easier way to pay
for things, including traditional industries such as trades and local
services. GeoOp is a great example of a company providing a more seamless and
secure way for merchants and their customers to transact."

For more information, please contact:
Anna Cicognani
Chief Executive Officer
Email: [email protected]

About GeoOp (GEO)
GEO (geoop.com) is a publicly listed New Zealand-based software company that
offers complete mobile workforce management to businesses all over the world.
It's neatly wrapped into a low-cost, easy-to-use service with premium
support. GEO supports businesses in their journey to be more productive and
find time for more important things, providing intuitive software for devices
that are already in the hands of field workers.

About PromisePay
PromisePay is the world's most sophisticated, fully managed payments engine
built for online and mobile platforms. Since 2013, PromisePay has worked with
companies in the US, Australia and New Zealand powering fast, flexible and
frictionless payments for hundreds of thousands of users from more than 150
countries, so platforms can build trust, improve user experience, and drive
revenue. PromisePay is headquartered in Melbourne, Australia, and has offices
in San Francisco, California, and St Louis, Missouri. For more information,
visit www.promisepay.com
End CA:00277273 For:GEO    Type:GENERAL    Time:2016-02-05 09:47:33