NetCents rolls out crypto platform with help from new merchant partner

The undisclosed company will begin deploying the NetCents cryptocurrency payment platform

bitcoin and computer
NetCents is an online payment processing platform

NetCents Technology Inc (CSE:NC) said Thursday it has inked a five-year independent sales organization (ISO) reseller agreement with a top merchant service and point-of-sale terminal provider (MSP).

This means that the undisclosed MSP will now partner with NetCents to begin deploying the NetCents cryptocurrency payment platform to financial institutions, merchant acquirers and card issuers globally.

This agreement marks the 20th partner agreement that the Vancouver company has signed since it kicked off its partner programs last August. Via these contracts, NetCents has access to hundreds of thousands of merchants, as well as a sales force of agents who actively sell NetCents to merchants.

READ: NetCents has been around the blockchain; gears up to disrupt the crypto payments industry

The MSP partners with Apple Pay and Android Pay to process transactions on Verifone and GROOVV POS systems to allow merchants to accept a number of payment options including VISA, MasterCard, American Express, Apple Pay and now cryptocurrency.

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

NetCents is an online payment processing platform, offering 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.

NetCents shares slipped 5 cents to finish at C$1.05 on Wednesday.

Contact Ellen Kelleher at ellen@proactiveinvestors.com

Quick facts: NetCents

Price: 0.94 CAD

Market: CSE
Market Cap: $76.11 m

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