Proactive Investors - Run By Investors For Investors

NetCents rolls out crypto platform with help from new merchant partner

The undisclosed company will begin deploying the NetCents cryptocurrency payment platform
bitcoin and computer
NetCents is an online payment processing platform

NetCents Technology Inc (CSE:NC) said Thursday it has inked a five-year independent sales organization (ISO) reseller agreement with a top merchant service and point-of-sale terminal provider (MSP).

This means that the undisclosed MSP will now partner with NetCents to begin deploying the NetCents cryptocurrency payment platform to financial institutions, merchant acquirers and card issuers globally.

This agreement marks the 20th partner agreement that the Vancouver company has signed since it kicked off its partner programs last August. Via these contracts, NetCents has access to hundreds of thousands of merchants, as well as a sales force of agents who actively sell NetCents to merchants.

READ: NetCents has been around the blockchain; gears up to disrupt the crypto payments industry

The MSP partners with Apple Pay and Android Pay to process transactions on Verifone and GROOVV POS systems to allow merchants to accept a number of payment options including VISA, MasterCard, American Express, Apple Pay and now cryptocurrency.

READ: NetCents Technology partners with Results by Design to roll out payment platform globally

NetCents is an online payment processing platform, offering consumers and merchants online services for managing electronic payments. The company is focused on capturing the migration from cash to digital currency by utilizing blockchain technology.

NetCents shares slipped 5 cents to finish at C$1.05 on Wednesday.

Contact Ellen Kelleher at [email protected]

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full NC profile View Profile

NetCents Timeline

Related Articles

CEO at CEO Session
Thu
The company provides a software as a service (SaaS) platform for social media marketing.
An armour plate based on XTclave technology
April 28 2019
The upper limit of the defence supplier’s guidance this half-year is $21.6 million.
iphone with apps
May 16 2019
The California-based telehealth company is seeking to raise $6 million to scale up its proprietary platform over the next 60 to 90 days
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use