NetCents Technology partners with Results by Design to roll out payment platform globally

The Vancouver company inked a five-year independent sales organization reseller agreement with American company Results by Design

A person making a mobile payment
NetCents is an online payment processing platform as well as a transactional hub for cryptocurrency payments

NetCents Technology Inc (CSE:NC) said Thursday that it has inked a five-year independent sales organization (ISO) reseller agreement with Results by Design.

This means that Results by Design, which has a presence in Seattle, San Francisco, Atlanta, Tampa and Reno will now partner with NetCents to begin deploying the NetCents cryptocurrency payment platform to financial institutions, merchant acquirers and card issuers globally.

Headquartered in Vancouver, NetCents is an online payment processor which offers consumers and merchants online services for managing electronic payments. The company is focused on capturing the migration from cash to digital currency by utilizing blockchain technology.

READ: NetCents kicks off formal application process to list on the OTCQB exchange

Meanwhile, Results by Design has worked with Visa, US Bank, MasterCard, Mobil, IBM, Kodak, Disney Store, Gap, World Duty Fee Group and has extensive experience in the payment technology and card-issuing industries. It specializes in integrating new technologies with legacy technologies, and streamlining consumer and merchant buying experiences. 

Results by Design compliments NetCents customer acquisition, distribution and revenue model.

In addition to the appointment of RBD President Don Sieb and consultant Eric Turille to NetCents advisory board, NetCents is tapping business development manager Sharon Predes and senior partner Jim Troy to be members of the company’s advisory board.

Predes has 25 years of business development and management experience with MasterCard International and Wells Fargo Bank. She will provide “a deeper perspective” to NetCents credit card program roll-out this year in North America, followed by Asia and Europe, said the company.

"We couldn't be more excited to be working with Results by Design and adding such experienced payments executives to our advisory board,” said NetCents CEO Clayton Moore. “As we continue to roll out our technology and platform, this partnership validates our vision of being a disruptive player in the payment processing industry."  

Predes said NetCents understood the marketplace and “has delivered a cryptocurrency platform any payment technology company or payment processor should consider implementing, and they make it easy to license or resell to their merchants." 

Jim Troy, a payment industry veteran, noted that introducing new payment methodologies “is not an easy task,” but working with NetCents gave them confidence to “deploy the NetCents platform to our network of strategic partners and financial institutions."

Contact Uttara Choudhury at uttara@proactiveinvestors.com

Follow her on Twitter@UttaraProactive 

Quick facts: NetCents

Price: 0.84 CAD

Market: CSE
Market Cap: $68.01 m

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