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NetCents Technology Inc
Symbol NC
Shares Issued 44,501,467
Close 2018-11-28 C$ 0.95
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NetCents signs reseller deal with Obanc

2018-11-28 12:12 ET - News Release

Mr. Clayton Moore reports

NETCENTS TECHNOLOGY ENTERS INTO ISO RESELLER AGREEMENT WITH OBANC

NetCents Technology Inc. has entered into a five-year independent sales organization (ISO) reseller agreement with Obanc.

Obanc offers its clients a suite of integrated products and services, and with over 35 years of experience, Obanc can provide its client base the best in payment processing solutions, security and compliance, and consulting services enabling them to quickly grow and scale.

"Obanc is pleased to partner with NetCents to introduce cryptocurrency payments to both new and existing e-commerce customers," stated Wayne Orkin, president of Obanc. "NetCents is a dependable and complimentary company, which Obanc is proud to partner with to assist on-line merchants with services that help them grow their business and create better buying experiences."

Through this agreement, Obanc will resell the NetCents cryptocurrency merchant gateway to its merchant network which includes: B2C and B2B merchant, eCommerce, high-risk, alternative payment methods, international processing, check processing, and gift and loyalty services. NetCents will earn a percentage on each cryptocurrency transaction which the Obanc client base processes.

"With over $30-million in processing volume, Obanc's goal is to empower its clients with the most innovative products and solutions to produce better customer experience, retention and new client acquisition, making cryptocurrency was a natural addition for us. Customers depend on our expertise and solutions to deliver integrated payment processing services, on-line marketing and custom Web development that are both reliable and affordable," added Mr. Orkin.

Clayton Moore, chief executive officer of NetCents, said: "We are looking forward to working with Obanc as they provide NetCents with a unique opportunity. In addition to providing cryptocurrency processing to their client base, Obanc has multiple touch points and provides their clients with more than payment processing, which could open the door for other opportunities."

About Obanc

Obanc is a Florida-based payments consulting firm focusing on merchant, Web marketing, Web development and consulting services. Obanc has 35 plus years of experience providing businesses with the best payment processing solutions, security and compliance, search engine optimization (SEO) services, Web development, and network consulting. Its partners and solutions are trusted to deliver quality services and the lowest wholesale prices and fees.

About NetCents Technology Inc.

NetCents is a next-generation on-line payment processing platform, offering consumers and merchants on-line 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 and exchanges to streamline the user experience of transacting on-line.

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