NEW BERLIN, WI – Liturgical Publications and YapStone today announced a definitive agreement to divest YapStone’s ParishPay™ merchant portfolio to Liturgical Publications (“LPi”), a Catholic stewardship and communications company. The sale is consistent with YapStone’s focus on providing end-to-end payment solutions to global marketplaces and large vertical markets. LPi’s acquisition of ParishPay’s merchant portfolio continues their expansion as a single source provider of digital, print and service solutions helping parishes create more vibrant and fiscally secure faith communities.
ParishPay customers will be transitioning to LPi’s WeShare service, the largest electronic-giving provider serving the Catholic Church both in the US and abroad. WeShare’s easy to use interface is compatible with all mobile devices and tablets, integrates with most church management systems, and provides the ability to set up parish events and formational offerings taking payments and registrations online. WeShare maintains a PCI Level 1 certification, the highest in the industry, and also conducts an annual SSAE-16 audit of its controls. WeShare customers are assigned a dedicated, (more…)