NetCents Technology Inc. (CSE:NC) (NTTCF)

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NetCents Technology Provides Update on NetCents Cryptocurrency Visa Card

Vancouver, BC – October 26, 2020 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC) (Frankfurt: 26N) (OTCQB: NTTCF), a cryptocurrency payments company, is pleased to provide an update on the NetCents Cryptocurrency Credit Card.

 

To give additional background: on August 10, 2020, the Company announced that it joined the Visa Fintech Fast Track Program – for the rollout of a Crypto-Backed Visa Card. The Company has engaged with i2c Inc. (“i2c”) to be the backend provider that links directly into the Visa network.

 

“NetCents sets itself apart in the field of true payments innovators who turn big ideas into reality,” said i2c EVP of Sales Kevin Fox, adding, “We couldn’t be more pleased to have them as partners and to play a role in helping them bring their product visions to life.”

 

i2c, headquartered in Silicon Valley, has developed unique software that will accelerate NetCents’ rollout of its Visa product. i2c is currently working with over 1,000 companies specialized in global payments and operates in over 200 Countries.

 

“i2c is providing technology to the biggest companies in the payments industry. They have developed thousands of software building blocks that can be configured to the many use cases we expect to have for our payment’s ecosystem, stated Clayton Moore, Founder and CEO of NetCents Technology. “They are effectively – “fast-tracking” our fast track with Visa. Our relationship with i2c will facilitate the rollout of our Visa Card from the North American market to the global market in a seamless manner.”

 

i2c has identified NetCents to be part of their upcoming “Visionary” Public Relations campaign that will help market NetCents to payments companies and merchants globally. To learn more about i2c, please visit: https://www.i2cinc.com/about/

 

NetCents is pleased to report that it has completed all the technical development needed for the Visa Program launch and is proceeding with the final certification phase during the week of October 26, 2020. It is expected that this process will take two weeks to complete. The Company is currently completing the work to receive Bank Compliance to issue a BIN number, which is required to launch the card.

 

The Company is targeting a November 15 launch for its virtual card product. Unfortunately, if that deadline slips, Visa has an internally imposed blackout period preventing the issuance of cards during the holidays so that the next launch date will be January 15, 2021. At that time, NetCents will be positioned to issue both virtual and physical Visa Cards.

 

In addition to the original card program functionality, NetCents is integrating Google Pay and Apple Pay to the program to allow users to add their NetCents Cryptocurrency Visa Card to their Google Pay and Apple Pay wallets, which will enable users to use the virtual card at retail locations.

 

About NetCents

 

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC.

 

For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations: investor@net-cents.com.

 

To keep up on the latest – make sure to join the telegram channel http://t.me/NetCents

 

On Behalf of the Board of Directors
NetCents Technology Inc.

 

“Clayton Moore”
Clayton Moore, CEO, Founder and Director
NetCents Technology Inc.
1000 – 1021 West Hastings Street
Vancouver, BC, V6E 0C3

 

Cautionary Note Regarding Forward-Looking Information

 

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

SOURCE:  NetCents Technology Inc.

NetCents Technology Issues CEO Letter to Shareholders

Vancouver, BC – April 24, 2019 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC/ Frankfurt: 26N / OTCQB: NTTCF), is pleased to issue a letter to shareholders from the CEO, Clayton Moore.

 

Dear Fellow Shareholders,

 

Today, I am pleased to provide you with our view on the cryptocurrency sector which has seen a rebound as well as to highlight a few of the key strategic successes that has enabled NetCents to continue be a leader in the market.

 

Over the last few years, the cryptocurrency market has gone through its ups and downs and some would say even profound changes. In late 2017 and early 2018, investors and retail banks were heavily investing into the crypto space and in many instances their decisions were based on hype alone. The adoption of regulations in the crypto sector and normal market maturation all worked in concert to create a bear market and a prolonged “crypto winter”.  No one predicted the cryptocurrency sector would go through such a large correction nor as rapidly as it did.

 

We have consistently aligned ourselves with key people and companies in the payment and crypto sectors while always maintaining a Plan B in our back pocket. This approach has allowed the Company to  keep moving forward  through some very challenging times.

 

There is every indication the crypto winter is in indeed thawing. Aside from the price appreciation of Bitcoin which has rebounded from a low of approximately $3,200 USD in early December to where it is today hovering around the $5,300 USD mark, the future for crypto-currencies as a viable mainstream payment option looks very promising.   Amazon and PayPal are both now seriously looking at accepting crypto currency and for either of these two entities to do so, will greatly influence the overall acceptance and usage.

 

The questions which I am asked most often by investors, shareholders and other stakeholders are in regard to share structure, access to growth capital and revenues.

 

To date, the company has approximately 56 million shares issued and outstanding on a fully diluted basis, which, when compared to other participants in the crypto sector is often less than half. Regarding the issuance of stock options, I would like to mention that we seek to incentivize valued employees currently working hard to bring success to NetCents, aligning their incentives with our shareholders. It is precisely this structure and approach which allows the company to raise capital quickly from key strategic investors as needed, often within days.

 

The challenge which was before the Company was to introduce a brand-new product into the marketplace, as well as a complete overhaul of how payments are conducted and perceived. We are validating the use of cryptocurrency by working with, not against existing payment infrastructures and legacy platforms by embedding our technology within the traditional payments space and distribution channels with Independent Sales Organizations (ISO’s), payment gateways, Independent Software Vendors (ISV’s), and technology companies who work with merchants on a day-to-day basis and who intimately understand the requirements.

 

We identified the quickest way to market and to mass adoption was to have NetCents as the underlying technology that powers all cryptocurrency transactions. We have purposefully aligned ourselves with those payment partners who understand that cryptocurrency is coming and want to integrate a crypto solution into their existing processes and technology, so the transition from traditional payments to cryptocurrency payments is as seamless as possible.

 

The company has never been an advocate or followed the “build and they will come” approach to development which in the long run will have a significant detrimental impact on share price and dilution. Our focus is and always will be building and validating our technology as measured against market adoption. With this phase of development successfully completed, the company has transitioned to a sales cycle in full force where the Company is working with all of our partners to begin the merchant adoption phase.

 

We have successfully signed new merchants, increased transaction volume, on-boarded new partners, and developed new key banking relationships. To date, the Company has signed over 20 major ISO and technology partner agreements. Through these long-term contracts and technology integrations, we now have direct access to millions of merchants, 1,000’s of ISO’s, millions of users, and a sales force of 100’s of sales agents actively selling NetCents to their merchant and user bases.

 

We are launching our credit card program, one of our largest projects to date and have been working diligently on the launch and are excited to share more on that with everyone soon.

 

We are now poised to take the Company to the next level. We have spent the last six weeks in New York and San Francisco meeting with potential strategic partners for this next big step as well as meeting potential new board members who will be able to open new doors for the company.

 

Choosing to work with a few select long-term cornerstone investors on a consistent basis from the beginning has proven to be the right approach. Dilution has been minimized and it has given the Company the ability to overcome trying market conditions while providing time to validate the system through some of the largest ISO’s, Processing, and Gateway companies in the world. The integration and onboarding of merchants continues and the user base has increased. This approach has provided us the time needed to find the right strategic investors for our company, money that understands the digital world, payment processing, and the real transactional value of cryptocurrency.

 

Over the last twelve plus months the company focus has been on the development of the processing platform with the objective being to create a seamless and intuitive user experience for the buying, selling and transacting with crypto-currencies. On the merchant side, the goal was to create the necessary merchant access points and distributions channels by developing API’s, SAAS platforms and working with a select few POS to imbed the Netcents software into their terminals. With this process successfully completed the focus for 2019/2020 will be to develop new sales channels, increase merchant acquisition and retention, activate and increase partner program, grow sales, transactions and sales to drive top line revenue.

One thing is clear to us: the beginning of mass adoption of cryptocurrency is now.

We are excited and encouraged by the opportunities ahead of us and look forward to implementing our strategic plan, with the support of our loyal shareholders.

Sincerely,

Clayton Moore, Founder & CEO

 

About NetCents

 

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC.

 

For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations at investor@net-cents.com

 

On Behalf of the Board of Directors

 

NetCents Technology Inc.

 

“Clayton Moore”

Clayton Moore, CEO, Founder and Director

 

NetCents Technology Inc.

1000 – 1021 West Hastings Street

Vancouver, BC, V6E 0C3

 

Cautionary Note Regarding Forward Looking Information

 

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

Source: NetCents Technology Inc.

NetCents Technology Begins Processing for First Charity Partner: HS Aware

Vancouver, BC – April 10, 2019 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC / Frankfurt: 26N / OTCQB:NTTCF) is pleased to announce that it has begun processing cryptocurrency transactions for its first charity partner, HS Aware.

 

NetCents is a strong believer about being able to invoke change. Change not only on its business side but more importantly throughout our communities with initiatives that positively impact people’s lives. On March 7th, the Company launched its Charity Impact Initiative and we are proud to announce our first charity partnership with HS Aware.

 

NetCents is providing all registered charities and non-profits free cryptocurrency processing. Any charity that signs up through this initiative is able to accept donations and sell their merchandise and tickets with zero processing fees.

 

Interested charities can visit  https://net-cents.com/partners#partners-form to learn more and sign up.

 

“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,” stated Maria Goguen, President of HS Aware. “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.”

 

HS Aware regularly lobbies and liaisons with the government and medical organizations, hosts events bringing awareness and support to HS (Hidradenitis Suppurativa), and provides an open and safe space for HS patients to discuss living with HS. Founded in Canada, HS Aware is the largest Canadian community and has increased its footprint globally as one of the largest non-profits in the world representing HS with a community of over 15,000 active supporters worldwide.

 

Through their marketing initiatives, HS Aware reaches hundreds of thousands of people globally and engages with tens of thousands of people on a monthly basis. Through their partnership with NetCents, HS Aware will now accept donations to help fund and grow their outreach, community, and engagement efforts globally.

 

About HS Aware

HS Aware is a non-profit dedicated to people living with (HS) and is the premier Canadian community representing the voice of patients living with HS living. HS Aware was established to increase disease awareness among patients, health care professionals, caregivers, government agencies, and other stakeholders in Canada and around the world.

 

http://hsaware.com/

https://www.facebook.com/IAMHSaware/

 

About NetCents

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy.

 

For more information, please visit the corporate website at www.net-cents.com or Investor Relations at investor@net-cents.com

 

On Behalf of the Board of Directors

NetCents Technology Inc.

“Clayton Moore”

Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.

Suite 1000 – 1021 West Hastings Street

Vancouver BC

V6B 0C3

 

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

Source:  NetCents Technology Inc.

 

 

NetCents Technology Completes Integration and Begins Processing with Surge365

Vancouver, BC – April 10th, 2019 – NetCents Technology Inc. (CSE: NC) (Frankfurt: 26N) (OTCQB: NTTCF), (“NetCents” or the “Company”) is pleased to announce that it has completed its integration into the NetCents Merchant Gateway and has begun processing with Surge365 LLC (“Surge365”). NetCents will also be entering into a referral agreement with Surge365, following last month’s announcement.

 

With the integration of the NetCents Merchant Gateway into the Surge365 platform, Surge365 is able to accept and process international membership subscriptions and  transactions in cryptocurrency and will work towards offering cryptocurrency as a payout option for company residuals and bonuses, ranging between $1,000 to $1 million dollars.

 

Surge365 is a direct sales company that gives members access to hundreds of thousands of hotels, resorts, cruises, and all-inclusive resorts around the globe and offers their members huge discounts to sell and offer their network. Surge365 offers training and memberships for individuals to build their own home-based businesses by providing members all the tools required to act as an individual travel agency with custom branded sales portals.

 

About Surge 365

 

Surge365 is a premier direct sales company with US and International operations. They offer a unique, exclusive membership that will allow its members to travel at rock bottom prices and offer a 150% price match guarantee on all online bookings.

 

Surge365 markets their services through a person to person referral model.  Surge365 utilizes a cutting edge, patent pending technology that is a unique new way to market the travel membership. And because their Founders have over 85 years of combined experience, these guys know how to build a massive, dynamic, profitable business for people like you.

 

This new technology will be used by their independent representatives, called Surge365 Business Associates, or SBAs, to share the membership with potential buyers. SBAs have the potential to earn cash bonuses, cars, and luxury travel.

 

www.surge365.com

 

About NetCents

 

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy.

 

For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations at investor@net-cents.com

 

On Behalf of the Board of Directors

 

NetCents Technology Inc.

 

“Clayton Moore”

Clayton Moore, CEO, Founder and Director

 

NetCents Technology Inc.

1000 – 1021 West Hastings Street

Vancouver, BC, V6E 0C3

 

Cautionary Note Regarding Forward Looking Information

 

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

The CSE has not reviewed, approved or disapproved the content of this press release.

 

Source:  NetCents Technology Inc.

NetCents Technology Enters Into Agreement With ILO Crypto

Vancouver, BC – March 13, 2019 – Netcents Technology Inc. (“NetCents” or the “Company”) (CSE: NC) (Frankfurt: 26N) (OTCQB: NTTCF), is pleased to announce that it has entered into an agreement allowing processing of cryptocurrency payments for ILO Crypto (“ILOCX”, part of ILOCX Limited, London, England.)

 

Edward Fitzpatrick, CEO of ILOCX, said, “The significance of this transaction is enormous for crypto holders everywhere, this partnership is giving them high quality alternative options for utilizing their capital currently locked in Bitcoin, ETH and various other altcoins. Hundreds of billions of dollars are sitting in crypto looking for new ways to put this capital to work, thanks to this partnership NetCents and ILOCX we can say with confidence that the era of utilization is here.”

 

ILOCX is a platform which raises non-equity capital for companies in a unique way by selling Initial License Offerings (“ILO’s”). ILO’s are a revenue-based method of raising capital, giving buyers the right to promote and or sell an underlying product or service and receive royalties based on the gross revenue of the company. ILOCX’s first exchange platform allows its companies to list and sell an ILO to raise capital and enhance sales. ILOCX has signed 54 companies with 20+ already listed on the exchange. Additionally, ILOCX will be approving the listing of 30+ more companies over the coming weeks and has over 40 companies in the immediate pipeline.

 

As part of this exclusive agreement with NetCents, ILOCX has launched www.ILOcrypto.com a specialist exchange focused on allowing anyone holding Bitcoin, ETH, and various other altcoins to use that cryptocurrency to buy ILO’s. Through the merchant agreement, ILOCX will use the NetCents Merchant Gateway to power cryptocurrency transactions for its capital raising services. With $300 million in deals on the exchange to date, this platform demonstrates another way the NetCents and ILOCX partnership can tap into the hundreds of billions in crypto capital, giving crypto-holders alternative options for utilizing their capital and giving companies listing on ILOCX access to the capital they need.

 

If your company or organization wishes to integrate the NetCents platform into your website, visit http://net-cents.com/business/register and sign up for a business account to complete the online form to get the digital integration and application processes started.

 

About ILO Crypto

ILOCX is a platform that allows companies to raise non-equity capital through the sale of ILO’s and gives interested buyers the ability to earn revenue by purchasing a license to socially promote and or sell a product or service.

 

ILOCX has mixed together a real market need with a matching tech solution by eliminating the dependency on equity as funding grows sparse, providing companies with the benefits of boosted awareness and sales which in turn boosts revenues, royalties and the trading price of the ILO, resulting in putting a sustainable business on the map.

 

To learn more about how ILO’s work visit www.ILOcrypto.com/how-it-works/

To view the exchange visit www.ILOexchange.com

 

About NetCents

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy.

 

For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations at investor@net-cents.com

 

On Behalf of the Board of Directors

NetCents Technology Inc.

“Clayton Moore”
Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.
1000 – 1021 West Hastings Street
Vancouver, BC, V6E 0C3

 

Cautionary Note Regarding Forward Looking Information

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

The CSE has not reviewed, approved or disapproved the content of this press release.

 

For more information, please visit the corporate website at www.net-cents.com or
contact :

Investor Relations
investor@net-cents.com
+1-604-676-5249

 

https://c212.net/c/img/favicon.png?sn=IO82163&sd=2019-03-13 View original content:http://www.prnewswire.com/news-releases/netcents-technology-enters-into-agreement-with-ilo-crypto-300811559.html

 

SOURCE NetCents Technology Inc.

NetCents Technology Launches Crypto Banking Stack, Enabling Financial Institutions to Offer Cryptocurrency Services

Vancouver, BC – March 7, 2019 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC / Frankfurt: 26N / OTCQB:NTTCF) is pleased to announce that it has launched its Crypto Banking Stack (CBS), which are the rails that facilitate cryptocurrency accounts, transactions, and functionality into existing platforms for banks, financial institutions, and money service businesses (collectively “FIs”).

 

The Company’s Crypto Banking Stack will enable Financial Institutions to use their existing hardware and software to offer their clients access to a fully integrated cryptocurrency processing and transaction solution. The implementation will require only minor modifications to their legacy systems eliminating the need to develop and maintain their own in-house proprietary cryptocurrency processing technology. This allows for a low-cost crypto ready processing solution to be quickly implemented without the requirement for an extended and costly development cycle.

 

Once integrated through the CBS API, Financial Institutions will be able to offer their customers crypto banking services accessible via their current online bank profile. The crypto bank accounts will have the same functionality as standard chequing and savings accounts. This includes the ability to add various crypto accounts/wallets, transfer, deposit, withdraw, make a payment, view transactions; and the ability to link their crypto bank account to their existing debit cards.

 

The Crypto Banking Stack will have the ability to provide account holders with the ability to convert and move balances between their crypto and fiat bank accounts. The cryptocurrencies which will be initially supported through the CBS are Bitcoin, Ether, Bitcoin Cash, and Litecoin.

 

About NetCents

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy.

 

For more information, please visit the corporate website at www.net-cents.com or Investor Relations at investor@net-cents.com

 

On Behalf of the Board of Directors

NetCents Technology Inc.

“Clayton Moore”

Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.

Suite 1000 – 1021 West Hastings Street

Vancouver BC

V6B 0C3

 

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

NetCents Technology Signs 20th Partner Agreement

Vancouver, B.C., – February 28, 2019 – NetCents Technology Inc. (“NetCents” or the “Company“) (CSE: NC / Frankfurt: 26N) is pleased to announce that it has entered into a five-year ISO Reseller Agreement with a leading merchant service and POS terminal provider (MSP).

 

MSP is partnered with Apple Pay® and Android Pay® to process transactions on Verifone® and GROOVV POS systems to allow merchants to be fully EMV compliant and accept a multitude of payment options including VISA, MasterCard, Discover, American Express, and Apple Pay, and now, cryptocurrency.

 

MSP will be bundling the NetCents merchant gateway and cryptocurrency credit card program into their services to be rolled out to their merchant base. MSP is working with one of their enterprise-level merchants with the intent to introduce a white label of the NetCents cryptocurrency credit card program to the merchants network of over 100,000 users, a new milestone for the Company.

 

This ISO agreement represents the 20th partner agreement that the Company has signed since it announced the launch of its four partner programs last August, including: Enterprise White Label, ISO Reseller, and Technology agreements. Through these signed contracts, NetCents has access to hundreds of thousands of merchants, 100’s of ISO’s, millions of users, and a sales force of 100’s of sales agents actively selling NetCents to their merchant and user bases and the onboarding phase of these merchants and users continues.

 

About NetCents

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy.

 

For more information, please visit the corporate website at www.net-cents.com or Investor Relations at investor@net-cents.com

 

On Behalf of the Board of Directors

NetCents Technology Inc.

 

“Clayton Moore”

Clayton Moore, CEO, Founder and Director

 

NetCents Technology Inc.

Suite 1000 – 1021 West Hastings Street

Vancouver BC

V6B 0C3

 

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

Source:  NetCents Technology Inc.

Innovators Betting on Widespread Cryptocurrency Adoption, Despite Recent Sell-Off

LOS ANGELES – February 20, 2019 – USA News Group – Despite leading cryptocurrency Bitcoin falling to a 13-month low, taking rival tokens Ether, Litecoin and XRP down with it, optimism remains over the long-term inevitability of widespread adoption of these digital currencies. New San Francisco and Singapore-based hedge fund Circuit Capital is betting on an upcoming “bull run”  driven by growth in adoption and institutional infrastructure—based on data they’ve gathered that supports their claim.

 

Undeterred by the market’s current sentiment, innovators such as NetCents Technology Inc. (CSE: NC) (OTC: NTTCF), HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (OTC: HVBTF), International Business Machines Corp. (NYSE: IBM), Square Inc. (NYSE: SQ), and JPMorgan Chase & Co. (NYSE: JPM) continue to make significant advancements that will lead to further adoption in the near future.

 

According to Circuit Capital, the fall in bitcoin price over the last 10 months has obscured the growing use of cryptocurrencies among consumers and investors.

 

Amid the flurry of activity in the market, mainstream adoption is continuing to rise. Chinese payments are currently dominated by apps such as WeChat and Alipay, along with QR readers and other methods that are more appealing than cards or cash—and there’s no restriction to younger tech-savvy users, as it reaches all age groups.

 

In North America, ease-of-use is growing also, with payment processors such as Square recently testing out the bitcoin waters.

 

Meanwhile, innovators at NetCents are bridging the gap between consumers and merchants with their own low-cost, secure platform that includes a proprietary cryptocurrency credit card that pulls directly from the user’s NetCents wallet. The unique credit card can be used anywhere that Visa or MasterCard are accepted, opening up the world of cryptocurrency users to millions of merchant locations around the world.

 

New opportunities for adoptions such as this only stand to further assert Circuit Capital’s predictions that widespread use of cryptocurrencies is about to explode. Now that big names like IBM and JPMorgan are throwing in their hats to make blockchain-based transactions more mainstream, the floodgates of users will likely soon be opened.

 

ADOPTION UP, DESPITE PRICES GOING DOWN

 

A breakdown of the recent decline by Fortune Magazine attributes recent activities to three factors—none of which are lack of adoption. Instead, the finger is being pointed at regulatory disputes, Bitcoin Cash’s fork, and bad news from chip-makers Nvidia and Advanced Micro Devices.

 

Some combination of all three factors is likely the culprit for the downtown, all of which could be considered shocks. But, markets tend to recover from shocks.

 

The decline in cryptocurrency prices, does represent an opportunity for new users to buy in low, thus further increasing the population of wallets in use.

 

APPEASING MERCHANTS AND CONSUMERS ALIKE

 

Economic forecasters expect this year’s holiday spending to increase a whopping 3.2% over 2017, as consumer confidence is riding high. How consumers spend on the season may be different this year than others, as online spending is expected to rise in the US by 14.8% this holiday season to $124.1 billion.

 

Merchants both large and small will be clamoring for their piece of the online spending pie. However, the security of those purchases is being improved along the way, thanks to blockchain and cryptocurrency-based developments.

 

Built to eliminate volatility of transactions and increase both merchant and user adoption, NetCents Technology Inc. (CSE: NC) (OTCPK: NTTCF) has addressed the $228 billion payment processing market effectively with its crypto-based platform.

 

Designed to become the transaction hub for ALL cryptocurrency payments, NetCents is making strides as a potential market leader through its ease-of-use, and appealing features that please both merchants and consumers alike. Merchants have so far been slow to adopt cryptocurrency as a method of payment, leaving cryptocurrency holders with limited places to spend their tokens.

 

For merchants, NetCents provides several appealing selling points, including low transaction fees (delivering a saves of 3-9% per transaction), instant settlements, and the ability to accept fiat, credit card, and/or cryptocurrencies equally. On average, a low-risk merchant typically faces a merchant fee between 3.5% to 5.5%, whereas a higher-risk merchant gets hit with a rate of 5.0% to 10.0%. NetCents’s merchant fee is only 1.99%—a savings of between 1.5% to 7.0% per transaction.

 

But where NetCents excels most of all is in cryptocurrency transactions. Present cryptocurrency payment fees are currently prohibitive for millions of the world’s small merchants. When it comes to the most popular cryptocurrency in the world, Bitcoin (BTC), the transfer cost between the user and the merchant is extremely high.

 

For example, a product costing $100 that’s bought with BTC can result in a transaction fee to the user of 28%—an entirely unsuitable fee for small payments. That same transaction through NetCents will only cost the user 2.25%—that’s a savings of 25.75%, leading to a no-brainer decision by both parties.

 

NetCents helps to remove the apprehension to accept cryptocurrency purchases. A NetCents cryptocurrency transaction is now less than the 3.5% charge even a low-risk merchant receives.

 

For consumers, the merchant need not even subscribe to the platform, as NetCents provides a proprietary cryptocurrency credit card that can be used anywhere Visa or MasterCard are accepted—ie. everywhere. NetCents users can use their NetCents wallet to hold multiple cryptocurrencies (including the company’s own asset-backed cryptocurrency called NCCO).

 

NetCents Technology offers merchants, partners, and users an entire cryptocurrency ecosystem by providing full payment integration, instant settlements, and security while giving users access to over 40 million merchants worldwide—all which can help to increase adoption of cryptocurrency within the mainstream.

 

CRYPTO’S GROWING MAINSTREAM APPEAL

 

HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (OTCQX: HVBTF)

 

Since going public in September 2017, HIVE has evolved into a fully operational blockchain infrastructure company operating GPU and ASIC mining capacity. The company’s ASIC mining capacity began operations on September 30, 2018. Strategically partnered with Genesis Mining Ltd. to build next generational blockchain infrastructure. HIVE’s state-of-the-art GPU-based digital mining facilities in Iceland and Sweden produce newly-minted digital currencies like Ethereum, continuously as well as ASIC-based capacity which produce newly minted digital currencies like Bitcoin.

 

International Business Machines Corp. (NYSE: IBM)

 

IBM is targeting enterprise with blockchain technology, and is bringing several solutions for businesses small and large. Their focus has been on the democratic applications of blockchain, allowing users to create networks, determine governance rules, invite network members and validate transactions. IBM has offered Hyperledger, its open source collaboration to improve blockchain access across all industries. More than 130 members spanning industries including finance, manufacturing and technology are working to create an open and standardized distributed ledger framework.

 

Square Inc. (NYSE: SQ)

 

CEO Jack Dorsey has described blockchain as “the next big unlock”. However, Dorsey’s other prominent company Twitter Inc. (NYSE: TWTR) isn’t looking to incorporate blockchain in the immediate future. In the meantime, Square is primed to have a first-mover advantage in the bitcoin marketplace sector. Square recently jumped into bitcoin in November, gaining 2% upon reports the company testing a bitcoin marketplace in its Square Cash app. The advantage for Square is from the fees that can be generated from people buying and selling cryptocurrency.

 

JPMorgan Chase & Co. (NYSE: JPM)

 

While CEO Jamie Dimon has publicly bashed bitcoin, calling it a “fraud”, his company has seized upon the potential for blockchain. JPM recently launched a new payment processing network that uses blockchain in collaboration with Royal Bank of Canada, and the Australia and New Zealand Banking Group. JPMorgan has invested millions into its blockchain offering, Quorum, which it hopes will simplify its processes, and lower costs. The hope is that international money transfers will reach their beneficiaries much quicker and more secure when using blockchain, than traditional means.

 

For a more information about NetCents Technology Inc see the article at http://usanewsgroup.com/2018/12/12/the-sectors-that-could-change-the-way-you-view-2019/

 

 

Article Source:

USA News Group

http://usanewsgroup.com

info@usanewsgroup.com

 

 

 

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NetCents Technology Enters into Agreement With Powered by ZOMONGO

VANCOUVER, British Columbia, – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE:NC) / (Frankfurt: 26N), is pleased to announce that it has entered into an agreement with Powered by ZOMONGO (ZOMONGO).

 

ZOMONGO is one of the fastest growing digital networks in North America and is currently in 90,000+ ZOMONGO merchant locations, 3.5 million hotel rooms, and 22 major airports, as well as having a strong social presence with over 600,000 followers. ZOMONGO’s mission is to become the leader in this point-of-sale media by providing a fully managed, totally turnkey, digital signage, media/product dissemination, and couponing solution.

 

As part of this agreement, ZOMONGO will use the NetCents Asset Management System (AMS) to be the underlying technology that manages their new reward token, MONGOrewards. The integration of the NetCents AMS will allow ZOMONGO to launch MONGOrewards to their current userbase and to expand on that in a very cost-effective manner.

 

“Our ultimate goal has always been to be and provide the underlying technology that enables cryptocurrency transactions to become mainstream by working with innovative companies like ZOMONGO,” stated Clayton Moore, CEO of NetCents Technology.

 

MONGOrewards will debut this year during the Daytona Speed Week which includes the Daytona 500 on February 17, 2019. The Daytona 500 is the preeminent NASCAR event of the year with a track attendance exceeding 100,000 people and another 9.3 million people viewing across all platforms. At the event, ZOMONGO will have a large presence with their partnership with Norm Benning Racing.

 

After the launch at the Daytona 500 race week, ZOMONGO will be rolling out MONGOrewards to their network of over 90,000 merchants, millions of users, and upcoming NASCAR and other sporting events with a key focus on bringing ZOMONGO and MONGOrewards to local communities. ZOMONGO has already started partnering with amateur athletes, car clubs, and non-profit organizations. As part of the MONGOrewards rollout, ZOMONGO will be rewarding Verge Currency (XVG) users and merchants who sign up for a NetCents account through ZOMONGO to receive free MONGOrewards tokens.

 

“The ZOMONGO integration with NetCents is a natural one as it marries the NetCents Platform to ZOMONGO’s powerhouse marketing efforts,” stated Jarrett Ostrowski, Senior Executive and Spokesperson of Powered by ZOMONGO. “Through the ZOMONGO app, the NetCents AMS will be the underlying technology to process all crypto transactions, giving merchants multiple new ways to engage with users, such as geo-linked rewards, access to exclusive events, augmented reality, and gamification. This agreement is just the first step of the partnership on how we will work together to bring ZOMONGO, NetCents, and crypto to the masses.”

 

About Powered by ZOMONGO

Living the big life is the mantra of the powered by ZOMONGO app is an innovative approach to digital marketing that enables direct interaction between users and merchants on the platform which translates to physical sales. The ZOMONGO ecosystem includes a digital out-of-home Network (DOOH) and the ZOMONGO app. The app specializes in connecting customers with nearby merchants, focusing on sporting and entertainment events where customers. The app allows users instant access to the ZOMONGO ecosystem, real-time interaction between merchants and users with push notifications, and real-time analytics for merchants.

 

With international headquarters in Calgary, Canada, powered by ZOMONGO has been, able to expand their brand and footprint to the United States, Asia, South America, UK, and EU. ZOMONGO is the fastest growing digital network in North America through TV menu boards with digital couponing, and beacon technology to connecting your smart device to their vast network of locations — stores, hotels, special events and festivals, and more.

 

About NetCents

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy.

 

For more information, please visit the corporate website at www.net-cents.com or contact Gord Jessop, President: gord.jessop@net-cents.com.

 

On Behalf of the Board of Directors

NetCents Technology Inc.

“Clayton Moore”
Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.
Suite 880, 505 Burrard St (Bentall 1),
Vancouver, BC, V7X 1M4

 

Cautionary Note Regarding Forward Looking Information

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

The CSE has not reviewed, approved or disapproved the content of this press release

 

For more information, please visit the corporate website at www.net-cents.com

 

Source:  NetCents Technology Inc.

NetCents Technology Completes ExaDigm, Inc. N5 Smart Terminal Integration

VANCOUVER, B.C., February 6, 2019 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC/ Frankfurt: 26N), is pleased to announce that the integration into the ExaDigm, Inc. (ExaDigm) N5 smart terminal has been completed.

 

“The NetCents integration into our N5 terminal represents another way we provide our customers and their customers the latest and greatest in payment options,” Patricia Love, Vice President of ExaDigm, Inc., says. “Making it easier to spend cryptocurrency for day-to-day purchases is a big leap for all of us.”

 

ExaDigm is a leader in Point-of-Sale (POS) terminal solutions. ExaDigm has developed a range of point-of-sale terminals, such as mobile payment terminals, countertop payment terminals, mobile point-of-sale solutions, smart PIN pads, and compact mobile payment terminals. ExaDigm services retail, foodservice, transportation, events and venues, as well as home services industries worldwide.

 

The N5 POS terminal allows for multiple payment types including NFC, EMV, pin-based transactions, and signature capture. Now, with the integration of the NetCents cryptocurrency merchant gateway, cryptocurrency. The terminal is certified for TYSYS and can process as a stand-alone solution or semi-integrated with a POS solution.

 

“The successful integration of the NetCents platform into ExaDigm N5 POS terminal is milestone for both NetCents and the acceptance of cryptocurrency as a daily transactional currency,” stated Clayton Moore, CEO of NetCents. “Through this integration we have now made it easier for merchants to accept and cryptocurrency holders to spend their cryptocurrency in brick and mortar locations.”

 

ExaDigm’s hardware is also integrated within the SoftPoint software through their All-in-One payment integrated terminal. With the addition of the NetCents cryptocurrency merchant gateway into both ExaDigm and SoftPoint, the strategic relationships provide merchants a seamless method to accept cryptocurrency payments in the card present environment.

 

About ExaDigm, Inc.

ExaDigm offers a one-stop payment solution for hardware and wireless needs. ExaDigm provides affordable and customizable payments solutions and wireless communication services that enable businesses worldwide to perform payment transactions confidently, securely, and efficiently. This effort includes purpose-built terminals that meet EMV requirements, provide integrated solutions, and offer dedicated personalized support. As a leading provider of wireless data solutions, ExaDigm Wireless meets the needs of businesses requiring end-to-end device-managed connectivity, offering stand-alone retail and wholesale solutions, failover solutions, as well as a wireless value bundle. For more information, visit http://www.exadigm.com.

 

About NetCents

NetCents is a next-generation 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 innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online. NetCents Technology is integrated into the Automated Clearing House (“ACH”) and is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy. NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way. ™

 

For more information, please visit the corporate website at www.net-cents.com or contact Gordon Jessop, President / COO at: gord.jessop@net-cents.com.

 

On Behalf of the Board of Directors

NetCents Technology Inc.

 

“Clayton Moore”

Clayton Moore, CEO, Founder and Director

 

NetCents Technology Inc.

Suite 880, 505 Burrard St (Bentall 1),

Vancouver, BC, V7X 1M4

 

Cautionary Note Regarding Forward Looking Information

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

The CSE has not reviewed, approved or disapproved the content of this press release

 

Source:  NetCents Technology Inc.

NetCents Technology Adds Two Senior Payment Executives to Board of Advisors

VANCOUVER, B.C., January 15, 2019 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC/ Frankfurt: 26N), is pleased to announce the addition of Eric Turille and Don Sieb to the Company’s Board of Advisors.

 

The addition of Mr. Turille and Mr. Sieb to the Board of Advisors adds decades of payment industry knowledge, experience, and relationships to the NetCents management team.

 

“Eric and Don’s extensive experience in the payment industry is unparalleled and they are a welcome addition to the NetCents team,” stated Clayton Moore, CEO of NetCents Technology. “The foothold the Company made into the traditional payment industry in 2018 is a great foundation for us to build upon in 2019. The knowledge and connections that Eric and Don bring to the table will allow us to continue to disrupt payments and bring us one step closer to becoming the underlying technology for cryptocurrency payments.”

 

Eric Turille, a 30-year veteran formerly with First National Bank of Omaha (FNBO), VITAL – now TSYS Acquiring Solutions (TSYS), and NewTek Business Services (NEWT), brings his extensive banking, payment processing, and payment technology expertise to the Company. Eric’s formidable experience in card issuing, merchant acquiring, and deep experience in operations, compliance, and distribution will strengthen the Company’s ability to roll out its upcoming credit card program and ability to execute its key 2019 objectives.

 

“The opportunity for cryptocurrency transaction processing to reach critical mass, in any timeline, requires several existing complexities that NetCents ecosystem and management team poses,” stated Eric Turille. “The  NetCents business model, financial technology, infrastructure, compliance, and strategic integrations are ripe for merchant and consumer adoption. I am excited to join the NetCents Advisory board to execute strategic distribution, product delivery, and unique customer acquisition models.”

 

Don Sieb, a 30-year respected payment industry expert and former executive at Ingenico and VeriFone, brings his banking, finance, and payment processing experience to the NetCents leadership team. Don’s wide range of subject matter expertise, compliance, and strategy compliment the Company’s current focuses in business process and delivery to large international retailers and payment industry organizations.

 

“NetCents is positioned to positively impact merchant adoption and behavioral changes necessary to become a transactional currency with confidence at any online, mobile or merchant location,” stated Don Sieb. “I’m excited to bring my experience, shared vision, and business acumen to the NetCents leadership team.”

 

About NetCents

NetCents is a next-generation 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 innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online.

 

NetCents Technology is integrated into the Automated Clearing House (“ACH”) and is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy.

 

For more information, please visit the corporate website at www.net-cents.com or contact Gordon Jessop, President / COO at: gord.jessop@net-cents.com.

 

On Behalf of the Board of Directors

NetCents Technology Inc.

 

“Clayton Moore”

Clayton Moore, CEO, Founder and Director

 

NetCents Technology Inc.

Suite 1000 – 1021 West Hastings Street

Vancouver, BC, V6E 0C3

 

Cautionary Note Regarding Forward Looking Information

 

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

The CSE has not reviewed, approved or disapproved the content of this press release

 

Source:  NetCents Technology Inc.

NetCents Technology Increases Direct Merchant Sign-Ups by 206% in the Last Quarter

VANCOUVER, B.C., December 04, 2018NetCents Technology Inc. (“NetCents” or the “Company“) (CSE: NC / Frankfurt: 26N) is pleased to announce that the Company has experienced a 206% increase in direct merchant sign-ups in the last quarter.

 

In addition to the merchants signed up through the Company’s Partnership Programs, the Company has now had 387 direct merchant sign-ups. Over the past quarter, the sign-up rate has continued to increase each month and the Company anticipates that this trend will continue.

 

With this continued growth, the Company is beginning to see the increase in merchant confidence and acceptance of cryptocurrency as a method of transacting through our Instant Settlement program and merchant gateway. Accompanying this increase in confidence, the Company anticipates that it will continue to see a 200 – 500% growth per quarter in the upcoming year through both direct and partner merchant sign-ups.

 

“It’s great to see all of our hard work starting to coalesce,” said Clayton Moore, CEO of NetCents Technology. “We have spent the last year laying the groundwork to become the underlying technology to drive cryptocurrency payments and it is starting to take off.”

 

In addition to the direct merchant sign-ups, the Company has obtained merchant sign-ups through its recently announced partners. In August, the Company launched its Partner Programs and to date, the Company has announced eight major partnerships. Through these partnerships, the Company has direct access to hundreds of thousands of merchants that these partners currently have in their portfolio and have begun onboarding their merchants to the NetCents platform and these merchants are now accepting cryptocurrency.

 

To continue to drive merchant and user acceptance, the Company is working directly with its merchants and partners on educating, and marketing to, their customer-base to increase user adoption rates and grow the Company’s revenue.

 

“We have an increasing number of companies, both partner and merchant, approaching us directly,” added Mr. Moore. “With the increase in merchant sign-ups, the addition of core partners in the payments space, and key platform upgrades, we are ready for our projected growth in merchants and revenue.”

 

In response to the global interest and anticipated continued growth, the Company has recently launched its SaaS-based merchant gateway and is working on integrating merchant support for 60 countries and the ability to provide settlement and payout to merchants in over 30 fiat currencies.

 

About NetCents

NetCents is a next-generation 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 innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online.

 

NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC, providing you with the freedom to choose to Pay. Your Way. ™

 

For more information, please visit the corporate website at www.net-cents.com or contact Gord Jessop, President: gord.jessop@net-cents.com.

 

On Behalf of the Board of Directors

NetCents Technology Inc.

“Clayton Moore”

Clayton Moore, CEO, Founder and Director

 

NetCents Technology Inc.

Suite 1000 – 1021 West Hastings Street

Vancouver, BC, V6E 0C3

 

Cautionary Note Regarding Forward-Looking Information

 

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

Source:  NetCents Technology Inc.

 

 

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About NetCents Technology

NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC.

 
How it Started…
…how everything innovative and magical usually starts. With a what if. What if paying could be easier? What if we could make it so that everything was all in one place? So that everyone can have the freedom to choose, not be frustrated with wait times, fees or have to go to 4 different places to do the same thing: pay.

 

What started out as an idea quickly turned into reality.

 

We have built a universal cryptocurrency payments infrastructure that optimizes your ROI through easy, convenient, and secure payments – all around the globe. User-friendly, developer friendly, and tech-illiterate friendly, NetCents is making life simple for your business and your everyday.

 

We are a world-class team of elite engineers, thought leaders, coffee lovers, meme enthusiasts, and techies that have one thing in common: to make it easier to accept payments online.

 

We’re outside the box thinkers who know that there’s always a simpler way, a smarter way, to make payments. We give you to the tools to build what you need – a better way to accept payments and the power to Pay. Your Way.

 

Accept Cryptocurrency, Bitcoin, Ethereum, Litecoin, Bitcoin, Cash, XRP Cryptocurrency Payments Online Today

>> Eliminate Chargebacks

>> Lower Transaction Fees

>> Accept Payments From Any eWallet

>> No Setup Fees, No Monthly Fees

>> Offer Multiple Cryptocurrencies Alongside Traditional Payment Methods

>> #1 Cryptocurrency Merchant Gateway

>> Accept Crypto, Receive Fiat

>> Accept Payments From Any eWallet

>> Unlimited Transaction Sizes and Monthly Volumes

Disclaimer

FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which is a third party publisher that disseminates electronic information through multiple online media channels. FNMG’s intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company’s publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed FNMG has been compensated seventy five hundred dollars for NetCents Technology Inc. current news coverage by a non-affiliated third party.  FNMG HOLDS NO SHARES OF NetCents Technology Inc.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.