Proactive Investors - Run By Investors For Investors

NetCents Technology plans to expand merchant online payment processing to 60 countries

The company says it is focusing on using blockchain technology to capitalize on the migration to digital currency from cash
A drawing representing blockchain
Blockhain-focused online payment processor NetCents plans to support payouts in more than 30 currencies

Online payment processor NetCents Technology Inc said Wednesday that it plans to expand its merchant reach to more than 60 countries and support payouts in over 30 currencies.

The Vancouver-based company said that it will be able to provide cryptocurrency payments to merchants in supported countries with settlements in local currencies. NetCents focuses on using blockchain technology to capitalize on the migration to digital currency from cash.

READ: NetCents' technology gets a boost as it enters reseller deal with Kubera Payments

"Our new partnerships and merchant marketing campaign are generating inquiries from outside North America,” NetCents CEO Clayton Moore said in a statement.

“The need to provide support to those countries is critical to the company's strategic expansion.”

Supported countries or regions include North America, England, the Caribbean, South America, Australia, China, the European Union, Hong Kong, India, Indonesia, Japan, Malaysia, South Africa, Thailand, the Philippines, Turkey and Vietnam.

Shares of NetCents were unchanged at C$0.98 in midafternoon trading in Canada on Wednesday.

Last week NetCents said it struck a reseller agreement with Vancouver-based Kubera Payments related to its cryptocurrency merchant gateway.


Contact Dennis Fitzgerald at [email protected]

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full NC profile View Profile

NetCents Timeline

Related Articles

growth concept with stairs going upwards
October 25 2018
Patersons' price target of 95 cents implies significant upside to the share price.
1535033582_lithium-periodic-11.jpg
August 23 2018
American Manganese is blazing a trail in the recovery of metals from scrap cathode material rejected by battery manufacturers
ROBO Global US CEO Travis Briggs
August 14 2018
Investors can buy directly into the popular ROBO ETF based on the benchmark index comprised of 87 top robotics, automation and AI companies.
Copyright © Proactiveinvestors.com, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use