-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Nhc//t4lZe2VuYCDt3U9awTapqE9VrybNznx67l0ZwV8Kc78QermD0OrL0Ov6P0D
 nijR4r+rv2h5k/Ndjvta9Q==

<SEC-DOCUMENT>0001183740-10-000039.txt : 20100125
<SEC-HEADER>0001183740-10-000039.hdr.sgml : 20100125
<ACCEPTANCE-DATETIME>20100125172235
ACCESSION NUMBER:		0001183740-10-000039
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100125
DATE AS OF CHANGE:		20100125
EFFECTIVENESS DATE:		20100125

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VERSAPAY CORP
		CENTRAL INDEX KEY:			0001479253
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-138150
		FILM NUMBER:		10545454

	BUSINESS ADDRESS:	
		STREET 1:		SUITE 1150, 1500 WEST GEORGIA STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6G 2Z6
		BUSINESS PHONE:		604-909-9850

	MAIL ADDRESS:	
		STREET 1:		SUITE 1150, 1500 WEST GEORGIA STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6G 2Z6

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VERSAPAY Corp
		DATE OF NAME CHANGE:	20100115

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JG CAPITAL CORP
		DATE OF NAME CHANGE:	20091222
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001479253</cik>
        <entityName>VERSAPAY CORP</entityName>
        <issuerAddress>
            <street1>SUITE 1150, 1500 WEST GEORGIA STREET</street1>
            <city>VANCOUVER</city>
            <stateOrCountry>A1</stateOrCountry>
            <zipCode>V6G 2Z6</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>604-909-9850</issuerPhoneNumber>
        <jurisdictionOfInc>CANADA (FEDERAL LEVEL)</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>VERSAPAY Corp</previousName>
            <previousName>JG CAPITAL CORP</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2007</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>MICHAEL</firstName>
                <lastName>GOKTURK</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>PATRICK</firstName>
                <lastName>MACDONALD</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>BILL</firstName>
                <lastName>MCGILL</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>KEVIN</firstName>
                <lastName>SHORT</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>JEFF</firstName>
                <lastName>SHEREMETA</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>WENDY</firstName>
                <lastName>PORTER</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>JASON</firstName>
                <lastName>GURANDIANO</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>DAVID</firstName>
                <lastName>PETERSON</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>BRIAN</firstName>
                <lastName>KYLE</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1150 - 1500 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6G 2Z6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Technology</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-01-12</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>true</isBusinessCombinationTransaction>
            <clarificationOfResponse>JG Capital Corp., a capital pool company, and VersaPay Corporation, a private company, completed an amalgamation under the Canada Business Corporations Act, to form the Issuer.</clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2912195</totalOfferingAmount>
            <totalAmountSold>2852674</totalAmountSold>
            <totalRemaining>59521</totalRemaining>
            <clarificationOfResponse>Exchange rate of C$1.00=US$0.9639 as at Jan.12/2010: 2,304,917 common shares at C$1.284 p/share; 25,000 Options at an exercise price of C$0.25; 34,000 Options at an exercise price of C$0.75 p/share &amp; 40,000 Warrants at an exercise price of C$0.75 p/share.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>11</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>VERSAPAY CORP</issuerName>
                <signatureName>/s/ Michael Gokturk</signatureName>
                <nameOfSigner>Michael Gokturk</nameOfSigner>
                <signatureTitle>CEO</signatureTitle>
                <signatureDate>2010-01-21</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----