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NetCents Technology Inc
Symbol NC
Shares Issued 44,846,979
Close 2019-02-20 C$ 1.01
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NetCents enters reseller deal with Results by Design

2019-02-21 01:46 ET - News Release

Mr. Clayton Moore reports


NetCents Technology Inc. has entered into a five-year ISO/reseller agreement with Results by Design LLC (RBD). RBD is now partnered with NetCents to begin deploying the NetCents cryptocurrency payment platform to financial institutions, merchant acquirers and card issuers globally.

RBD's extensive experience in all aspects of the merchant acquiring, payment technology and card-issuing industries complements the NetCents customer acquisition, distribution and revenue model.

For 30 years, RBD's executives have been instrumental in building and serving some of the largest brands, like Visa, with the underlined technology and business processes, which interface with financial institutions protocols, now used by today's leading payment gateways, payment terminals, POS (point of sale) systems and enterprise applications.

RBD has worked with Ingenico, Verifone, Visa, U.S. Bank, MasterCard, Mobil, IBM, Kodak, Disney Store, Gap, World Duty Fee Group, Epson and others.

In addition to the appointment of RBD president Don Sieb and consultant Eric Turille to the company's board of advisers, NetCents welcomes business development manager Sharon Predes and senior partner Jim Troy to the advisory board. Her 25 years of business development and management experience with MasterCard International and Wells Fargo Bank brings NetCents tremendous insight into merchant and consumer behaviours. She also provides a deeper perspective to the NetCents credit card program, rolling out this year in North America followed by Asia and Europe.

Mr. Troy's tenured payment industry experience and reputation complement his business acumen and essential relationships with payment processors, international terminal manufacturers and independent sales organizations (ISOs).

Mr. Troy stated: "Introducing new payment methodologies to the payment industry is not an easy task. Our first-hand experience working with NetCents has given us tremendous confidence to deploy the NetCents platform to our network of strategic partners and financial institutions."

As a former vice-president of indirect channel development at Ingenico, he was responsible for developing Ingenico's channel strategies, offering integrated payment solutions to original equipment manufacturers, independent software vendors and value-added resellers, who provide POS solutions for North American Tier 1 and 2 retailers. His insight and experience complement NetCents's 30 technical integrations, including, 15 POS systems, CRMs, payment gateways, POS terminal manufacturers and leading e-commerce platforms, like Shopify.

"We couldn't be more excited to be working with RBD and adding such experienced payments executives to our advisory board who have decades of experience working with some of the largest companies in the payments and financial services industry. As we continue to roll out our technology and platform, this partnership validates our vision of being a disruptive player in the payment processing industry," stated NetCents chief executive officer, Clayton Moore.

Ms. Predes further stated, "NetCents understands our marketplace and has delivered a cryptocurrency platform any payment technology company or payment processor should consider implementing, and they make it easy to license or resell to their merchants."

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.

NetCents Technology is integrated into the Automated Clearing House (ACH) and is registered as a money service business (MSB) with FINTRAC, which ensures its consumers' security and privacy.

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