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Press Release

Everus and PayCaddie Locks Deal for US Merchants

KUALA LUMPUR, Malaysia - June 19, 2018 - (

Malaysian blockchain company Everus has reached a landmark deal with North America’s largest payment processor and integrator service company, PayCaddie. Based out of California, PayCaddie services top leaders in the financial services industry to offer and collaborate in processing EVR acceptance services at retail locations throughout the United States of America.

Currently PayCaddie services and supports major financial clients such as Bank of America, WorldPay, Wells Fargo, Chase, AdKiosks, Vantiv, First Data, Intel, Sizzle Networks, Microsoft, Fifth Third Bank, Discover Network and many more.

This esteemed partnership with PayCaddie enables merchants to accept EVR payment as well as the ability for users to pay for goods and services directly from their EVR wallets, giving EVR increased usability, acceptance and demand value.

The expansion into the USA is part of Everus’ ongoing plans to grow its brand, transactional value, and presence globally. With offices in Malaysia, Singapore, India, Switzerland and the USA, Everus aims to tackle key markets one step at a time in this year. Everus has already begun expansion into the South Korean market, with an official launch event set to take place in Seoul later this year.

Focusing on breaking into the American market, Everus targets to create a network of over 500,000 merchants and outlets that accept EVR as payment. This association with PayCaddie will enable Everus to create synergies and opportunities through PayCaddie‘s channels and partnerships.

Both large and medium-size businesses will switch to EVR acceptance from customers at several brick and mortar outlets, with the payment process made more convenient for both merchants and customers.

 “This partnership and deal is exciting and rewarding, laying the path for Everus’ plans to expand into the American market, and will give us unprecedented access, reach and exposure,” said Everus CEO, Srinivas Oddati.

PayCaddie will be working to direct both online and offline merchants to Everus’ very own merchant onboarding system, EverMO. For online and ecommerce merchants, the Everus custom payment API is designed to integrate with all open source ecommerce carts such as OpenCart, Drupal, WooCommerce and more.

Offline merchants will also be able to utilize the payment API at the point-of-sale (POS), allowing customers to purchase goods and services in person as well. This covers the technology collaboration stack at all ends.

The co-founder and president of PayCaddie LLC., John Meyer, boasts a stellar career in the world of financial services across his three decades of experience. Meyer is a well-known figure in the world of finance and is recognized as an expert on payments, point-of-sale (POS) and mobile point-of-sale (mPOS).

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