NetCents Technology Wins Merchant Share DGAP-News: NetCents Technology Inc./ Key word(s): Miscellaneous 12.09.2019 / 15:03 The issuer is solely responsible for the content of this announcement.
Vancouver, British Columbia–(Newsfile Corp.- September 12, 2019) – NetCents Technology Inc.(CSE: NC) (FSE: 26N) (OTCQB: NTTCF) (” NetCents ” or the ” Company “).Canadian-based NetCents is unleashing payment freedom for cryptocurrency owners around the globe.Through its proprietary Merchant Gateway program, NetCents is winning the merchant share sign-up race and cementing its success as the seamless cryptocurrency processing payment model.
In the first 3 days of September, NetCents signed-up more merchants than the entire month of May, building on its average 95% month-over-month increases.
Merchants are rewarding the Company for its seamless integration of cryptocurrency processing into their payment model, with benefits that include: new level of protocols to protect against fraud and identification theft; on the spot seamless conversion of crypto to fiat; lower transaction processing fees; merchant and staff training; and regulatory compliance.
“In our race to win market share, we need merchant share,” said Clayton Moore, Founder & CEO, NetCents Technology Inc.
“We’re removing one of the industry’s largest pain points to advance both our technology and the industry.”
During 2019, NetCents’ merchants adopting the burgeoning financial services platform are from eCommerce, Travel & Tourism, and Financial industries, located in North America and Europe.Average merchant processing revenues range from CAD 1,000 and 200,000 monthly.
Creating a seamless and intuitive merchant terminal-enabled user experience for buying, selling and transacting with cryptocurrencies leads to consumer trust and adoption.NetCents’ Merchant Gateway has compelling results with favourable monthly increases in transaction volume, average transaction value, processing volume, and new merchant sign-ups.Based on current pace, the company is projecting it will surpass a 2020 first calendar quarter with a CAD $2 million monthly processing volume.
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
On Behalf of the Board of Directors
NetCents Technology Inc.
Clayton Moore, CEO, Founder and Director
NetCents Technology Inc.1000 – 1021 West Hastings StreetVancouver, 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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/47731 Click on, or paste the following link into your web browser,to view the associated documents http://www.newsfilecorp.com/release/47731 News Source: Newsfile 12.09.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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