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NetCents releases its first SaaS-based cryptocurrency payments processing platform

The product is designed to be a turnkey approach to starting or adding cryptocurrency processing to a platform or portfolio, according to NetCents
An illustration symbolizing a blockchain agreement
NetCents focuses on using blockchain to capitalize on the move from cash to digital currency

Blockchain-focused online payment processor NetCents Technology Inc (CNSX:NC) (OTCMKTS:NTTCF) said Monday that it has released the first cryptocurrency processing platform based on the software as a service (SaaS) distribution model.

The Vancouver-based company said in a press release that the SaaS platform is designed to be a turnkey approach to starting or adding cryptocurrency processing to a platform or portfolio. The versatility and flexibility of the system allows easy branding, onboarding and integration, according to NetCents.

READ: NetCents' technology gets a boost as it enters reseller deal with Kubera Payments

"We knew that we needed to partner with key players in the payments space and work together to bring crypto payments from a vision of the future to a reality and make it easier for consumers to spend crypto," CEO Clayton Moore said in a statement. "With our upgraded platform, we are now poised to be able to rapidly onboard these new partners and their merchants, bringing us one step closer to our goal of becoming the technology that powers cryptocurrency payments worldwide."

NetCents added that it has developed four application programming interface (API) documents for ease of integration with merchants and partners as well as point-of-sale and terminal environments.

Last month the company struck a reseller agreement with Vancouver-based Kubera Payments for its cryptocurrency merchant gateway.

Shares of NetCents climbed C$0.01 to C$0.96 in Monday’s Canadian trading.

Contact Dennis Fitzgerald at [email protected]


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