NetPay International, Inc. Announces Resignation of Limor Mamon, as Director and Chief Financial Officer
August 27, 2020 at 01:38 pm
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On August 11, 2020, Ms. Limor Mamon, as director and Chief Financial Officer of NetPay International, Inc. resigned from the Board of Directors and from her position as CFO of the Company. Ms. Mamon’s resignation was due to disagreement with the Company regarding the scope of her duties as CFO. The basis for the Company’s determination that Ms. Mamon resigned is the following email that Ms. Mamon sent to the Company on August 11, 2020. Ms. Mamon contends, however, that the Company terminated her from her position as CFO on August 10, 2020. The basis for Ms. Mamon’s contention that she was fired is the following email that Alon Elbaz, the Company’s CEO, sent to Ms. Mamon on August 10, 2020.
Netpay International Inc, formerly Allegro Beauty Products Inc, is an Israel-based company that provides online payment gateway solutions. The Company offers the following solutions: GTW, a payment processing system; Payment Processing, a credit card, debit card, and alternative payment transaction compatibility, utilizing data security standards; Mobile, a mobile payment enablement; Alternative payments, such as bank transfers, direct debit, pre-paid cards; Multiple Processing Methods, such as Virtual Terminal, Mobile Swipe Credit Card Reader, Silent Post Transaction, Hosted Payment Page, Storefront Service; Multi-Currency, which allows users to receive payments for goods and services in a variety of currencies, as well as Flexible Billing, which allows users manage their payments the way they like them through Installments, Membership or Subscription.
NETPAY INTERNATIONAL, INC. 
