12:01:28 EST Sun 08 Dec 2019
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

NetCents Technology talks up Q4 2019 achievements

2019-11-06 11:08 ET - News Release

Mr. Clayton Moore reports

NETCENTS TECHNOLOGY GROWTH CONTINUES IN TIME FOR FISCAL YEAR END

NetCents Technology Inc. continues to advance on all key metrics that the company is using to track growth.

In October, the company's processing volume was 12 per cent greater than in September and 7.6 times greater than in February. This growth signals continued increasing demand from both merchants and consumers for cryptocurrency payments, as the company has now processed millions of dollars in cryptocurrency transactions.

In the fourth quarter, the company achieved the following:

  • 81-per-cent increase in processing volume in Q4 over Q3 and a 425-per-cent increase over Q2;
  • 123-per-cent growth in new merchant sign-ups in Q4 over Q3;
  • 31-per-cent increase in average transaction value in Q4 over Q3.

"We seamlessly integrated cryptocurrency processing, while ensuring we motivated merchants and consumers," commented Clayton Moore, founder and chief executive officer of NetCents Technology. "Our success in the past three consecutive quarters clearly demonstrates that our approach is working, and we continue to build upon this success."

About NetCents Technology Inc.

NetCents is a next-generation on-line payment processing platform that offers consumers and merchants on-line services for managing electronic payments.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.