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NetCents Technology Inc
Symbol NC
Shares Issued 44,846,979
Close 2019-02-27 C$ 1.05
Recent Sedar Documents

NetCents inks five-year reseller deal with POS provider

2019-02-28 08:15 ET - News Release

Mr. Clayton Moore reports

NETCENTS TECHNOLOGY SIGNS 20TH PARTNER AGREEMENT

NetCents Technology Inc. has entered into a five-year ISO reseller agreement with a leading merchant service and point-of-sale 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 its services to be rolled out to its 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, hundreds of ISOs, millions of users and a sales force of hundreds of sales agents actively selling NetCents to their merchant and user bases; the on-boarding phase of these merchants and users continues.

About NetCents Technology Inc.

NetCents Technology, 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.

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