Via this agreement, SecureGlobalPay will promote and sell the NetCents Cryptocurrency Merchant gateway to its merchant network, which means it will be possible for thousands of merchants to accept cryptocurrency.
SecureGlobal Pay says multiple merchants have already onboarded or are in the onboarding process to acquire the NetCents cryptocurrency system thanks to its marketing efforts.
“Adding cryptocurrency was a natural progression for us,” a SecureGlobalPay official said in a statement. “We believe in maintaining strong working relationships with all of our merchants and continue to bring them the best and innovative payment solutions in the market.”
SecureGlobalPay provides merchants with services such as offshore and nationwide credit and debit-card processing, clearing and settlement, electronic cheque processing and now cryptocurrency payments.
NetCents, meanwhile, is an online payment processor that specializes in capturing the migration from cash to digital currency by using blockchain technology. NetCents works with its financial partners, mobile operators and exchanges to streamline the user experience of transacting online.
Shares of NetCents fell 3.3% to hit C$0.87 in Tuesday’s afternoon trading session.
Contact Ellen Kelleher at [email protected]