04:41:00 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Plantx Life Inc (3)
Symbol VEGA
Shares Issued 17,862,804
Close 2023-06-22 C$ 0.025
Market Cap C$ 446,570
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Plantx Life adds DirectPay to Canadian website

2023-06-22 13:29 ET - News Release

Mr. Lorne Rapkin reports

PLANTX ADDS DIRECTPAY TO ITS CANADIAN WEBSITE

Plantx Life Inc. has formed partnership with DirectPay by Payment Source, a fintech that enables easy and secure e-commerce checkouts in Canada through its Interac e-Transfer payments solution. By seamlessly integrating DirectPay into the checkout process, Plantx is making it easier for its customers to pay for the plant-based brands they love across Plantx's Canadian website, lower payment friction and cart abandonment.

DirectPay is an integrated Shopify app that enables fast, low-cost bank payments using Interac e-Transfer. With the DirectPay, Plantx customers will have the option to seamlessly pay for purchases on-line just as easily as using debit in store. The parent company of DirectPay is Payment Source, a Canadian fintech that enables financially inclusive and innovative digital payment solutions, and which has been recognized as one of Canada's best managed companies for five years in a row.

"It was important to us to make it as easy as possible for our customers at checkout," said Plantx chief executive officer Lorne Rapkin. "Being able to accept Interac e-Transfer payments at checkout gives our customers another payment method which we hope will increase sales by lowering payment friction and cart abandonment."

Added Robert Hyde, CEO of Payment Source: "At DirectPay our mission has been to make payments accessible to Canadians. We are excited to see Plantx shoppers being able to pay through their bank with Interac e-Transfer, in an easy, fast and secure way."

Plantx joins DirectPay's growing network of partners that include OVO, JD Sports, Hooke and more.

About Plantx Life Inc.

As the digital face of the plant-based community, Plantx's platform is a one-stop shop for plant-based products. With its fast-growing category verticals, Plantx offers customers across North America more than 5,000 plant-based products. Plantx also has other brands in the Plantx portfolio including a juice brand, a coffee company, a plant shop, and brick-and-mortar grocery stores. Plantx uses its digital platform to build a community of like-minded consumers and, most importantly, to provide education. Plantx's digital presence eliminates entry barriers for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life.

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