logo-loader
viewNetCents

NetCents Technology names Pat Albright as senior vice president of strategic development

Earlier this month, the firm said it had enhanced its software to allow for recurring billing, opening up a C$200 billion opportunity for the group

NetCents -
Albright was previously marketing and business senior vice president at Moneris Solutions - the largest payment processor in Canada

NetCents Technology Inc (CSE:NC) (OTCMKTS:NTTCF), the cryptocurrency payments specialist, revealed Monday that experienced executive Pat Albright has been appointed as its senior vice president of strategic development to continue the company's current success.

Albright was previously marketing and business senior vice president at Moneris Solutions - the largest payment processor in Canada - dealing with 3 billion transactions per year. He has worked with early-stage groups and Fortune 250 firms.

NetCents Technology advances NetCents Cryptocurrency Credit Card program

"I am absolutely thrilled to be joining the team here at NetCents," Albright said in a statement.

"I always say you are lucky to 'capture lightning in a bottle' once in a lifetime in business. With NetCents, I am working with a top-tier team that has caught that lightning and am looking forward to leveraging my network and years of payment experience to help accelerate NetCents' growth trajectory."

Clayton Moore, CEO of NetCents added: "We are now managing the development and growth of many revenue streams, and they each deserve significant attention as they are all massive opportunities, we are focused on being pro-active on these business lines and not reactive, and Mr. Albright will bring the rigor and experience we need to foresee any growth and scaling issues caused by a rapidly expanding user base across many business verticals. I look forward to working with him."

Recurring billing

Earlier this month, the firm said it had enhanced its software to allow for recurring billing, opening up a C$200 billion opportunity for the group. It has also told investors it has revised its projections upwards for cryptocurrency adoption inspired by a World Health Organization (WHO) recommendation for contactless payments.

On Friday last week, it said it had completed the technical integration of the NetCents Cryptocurrency credit card.

Shares advanced 3.7% in Toronto early deals to C$ 0.55.

---Updates for share price---

Contact the author at [email protected]

Quick facts: NetCents

Price: 0.54 CAD

CSE:NC
Market: CSE
Market Cap: $28.56 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of NetCents named herein, including the promotion by the Company of NetCents in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: NetCents continues to see strong growth as they ramp up...

NetCents Technology (CSE:NC-OTCQB: NTTCF) Chief Financial Officer Christopher Cherry sat down with Steve Darling from Proactive Vancouver to talk about the company’s latest financial numbers. Cherry pointing out how successful the company has been in Q-3 over Q-2.  Cherry talked about...

on 10/02/2019

2 min read