• 4 February 2019

VAUGHAN, ONTARIO, Feb. 04, 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 again added increased functionality to its smart terminals including the Unified State Automated Information System (“USAIS”) app, in order to simplify reporting of alcoholic beverages and products to the Federal Tax Authority of the Russian Federation, including the ability to issue industry compliant receipts for alcoholic products sold.

At the close of fiscal 2018, the Chek-Online development team officially launched the custom USAIS app for operators of the Cassatka family of smart terminals. In addition to reporting transactions to the Russian Tax Authorities, taxes on sales of alcoholic beverages and products must be further reconciled with the USAIS. Prior to the launch of the USAIS app for the Cassatka smart terminals, businesses were required to independently file product details and reports with the USAIS.

The USAIS app now comes as part of our core package of software enhancements that includes other Сassatka payment terminal apps. The payment terminal app operates in conjunction with the existing Сassatka-HUB universal transport module (UTM). Once the App has been set up and configured by the user, the Сassatka terminal can issue special receipts including a slip for the sale of alcohol and a QR code for verification with the Federal Tax Service (FTS) and the Federal Service for Alcohol Market Regulation, as well as meet other required reporting regulation.

As a next step in our enhanced suite of apps for the Cassatka smart terminals, our development team expects to launch the “Mercury App”. Mercury will be similar to the USAIS app but is used exclusively for accounting of animal-based products. Starting July 1, 2018, businesses selling animal-based products have been required to register with the Russian Federal Tax Authorities.

Thereafter, the Chek-Online development team plans to launch an additional customized app for the Сassatka smart terminal that will allow receipt and processing of veterinary documents via the terminal.

The wide range of applications currently being offered on the “Cassatka.Market” are free, and are meant to act as drivers for connecting bank terminals, label printers, the processing of discounts and special offers, generating bar codes and a full system of back-end accounting. Chek-Online is working continuously to offer apps and features which simply business operations across all key industry segments of the Russian marketplace.