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NetCents Technology adds Ripple to merchant gateway

2019-11-07 13:57 ET - News Release

Mr. Clayton Moore reports

NETCENTS TECHNOLOGY ADDS RIPPLE (XRP) TO MERCHANT GATEWAY

NetCents Technology Inc. has added Ripple (XRP) to the NetCents merchant gateway and instant settlement program to allow for purchases at all of the company's participating merchants. The integration development has begun and will move into integration testing this Friday, with plans going live thereafter.

XRP will only be added to the NetCents merchant platform, not to the NC Exchange, at this time.

Ripple is a real-time gross settlement system, currency exchange and remittance network that has a $13.4-billion (U.S.) market cap and nearly $2-billion (U.S.) a day in volume.

"With Ripple being a top cryptocurrency, with high daily volume and an increasing demand from merchants, Ripple is aligned with our requirements for our instant settlement program," commented Mehdi Mehrtash, chief technical officer of NetCents Technology. "We look forward to adding this digital currency to our platform and offering it to our merchants."

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.

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