PLANO, Texas, Aug. 07, 2018 (GLOBE NEWSWIRE) -- via NetworkWire -- Sharing Services (“SHRV"), Inc. (OTC Markets: SHRV) today announces the selection of Global Payroll Gateway (“GPG”) as its primary merchant processor and e-commerce financial partner. GPG will support and process sales of products and services for all of SHRV’s wholly owned subsidiaries including its flagship companies, “Elepreneur” and “Elevacity Global.”
"We are pleased to announce this relationship with GPG to provide us with the best processing e-commerce tools available on the market today. We researched several companies in our selection process to find the right partner and feel that GPG can service our current rapid growth cycle and will be a valuable asset as we look to expand internationally in the coming months,” Sharing Services CEO John “JT” Thatch said.
“As an added benefit to this relationship, GPG provides electronic tools that allow us to seamlessly transact with our vendors and outside independent sales force in one unified system. We will save approximately 25 percent from our current model, which will quickly be reflected in our bottom line,” Thatch continued.
Jayme Amirie, president of Global Payroll Gateway, said GPG is excited about the new strategic partnership with Sharing Services.
“Sharing Services is an emerging company with an impressive management team and aggressive growth outlook. We look forward to establishing a long term, mutually beneficial partnership in which we will be able to provide them with a complete merchant processing and financial solution,” Amirie said. “Utilizing our full suite of services will enable Sharing Services to successfully process transactions with the piece of mind that transactions are secure and that all available fraud protection is in place for the company and its customers. Sharing Services is taking full advantage of the partnership by utilizing the products and services that are critical today in the age of e-commerce payment systems.”
About Global Payroll Gateway (GPG)
Founded in 2010, Global Payroll Gateway (GPG) provides merchant processing, fraud protection, dispute alerts, chargeback management online and payouts globally to banks, existing Visa and MasterCards, as well as issue payroll cards. GPG specializes in services to companies that need to make payroll or commission payments to their employees and contractors worldwide. This includes direct sales, affiliate sales, help desk and developer communities. See www.globalpayrollgateway.com for more details on the company.
About Elepreneur: visit www.elepreneur.com for information on the company.
About Elevacity Global: visit www.elevacity.com for information on the company.
About Sharing Services, Inc.
Sharing Services, Inc. is a diversified holding company specializing in the direct selling industry. SHRV owns, operates, or controls an interest in a variety of companies that either sell products to the consumer directly through independent representatives or offers services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits.
For more information, please visit http://www.SHRVinc.com, call 714.203.6717, or email Info@SharingServicesInc.com.
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 31E of the Securities Exchange Act of 1934, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future constitute forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. All forward-looking statements included in this document are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks described from time to time in the Company's Reports on Forms 10-K, 10-Q and 8-K and Annual Reports to Shareholders.
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