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NetCents begins initiative with HS Aware to provide free cryptocurrency transactions for non-profit partners

NetCents will provide registered charities and non-profits with free cryptocurrency processing as part of its new Charity Impact Initiative

cryptocurrency
NetCents allows businesses to integrate cryptocurrency processing into their payment models

NetCents Technology Inc (CSE:NC) (OTCMKTS:NTTCF) has started processing cryptocurrency transactions for its first charity partner, the company announced Thursday.

The new partnership is a result of the cryptocurrency maker’s pledge announced in March to provide registered charities and non-profit organisations with free cryptocurrency processing.

NetCents will provide registered charities and non-profits organisations with free cryptocurrency processing, and charities that enroll in the initiative are able to accept donations and sell merchandise without having to pay processing fees.

READ: NetCents Technology kicks off cryptocurrency processing with Surge365

HS Aware works with people living with hidradenitis suppurativa (HS), a chronic skin disease. It regularly lobbies government and medical associations, hosts events and provides an open and safe space for patients living with the condition, according to the non-profit organisation.

"HS Aware is excited to remain an innovator in the non-profit space by now accepting cryptocurrency donations to fund our future initiatives and events," said Maria Goguen, president of HS Aware in a statement.

"We've had a lot of interest to begin accepting donations in crypto to further support the HS community and now through this partnership, we are able to. We are thankful for any and all support members of the community want to give."

Vancouver-based NetCents is a transactional hub for cryptocurrency payments and allows businesses to integrate cryptocurrency processing into their payment models.

Shares of NetCents nudged up 1.11% to C$0.91 in Canada.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

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Price: $0.56

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Market Cap: $26.73 m
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