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NetCents Technology Increases Frequency of Merchant Settlements

 

 

 

 

 

NetCents Technology Inc. (CSE: NC) (Frankfurt: 26N). has begun to offer their merchants the option of twice-weekly merchant settlements as merchants’ confidence in accepting cryptocurrency payments increases.

 

 

The Company began processing live cryptocurrency transactions on April 6, 2018. On April 12, 2018, NetCents implemented Instant Settlements, guaranteeing the price of the cryptocurrency transaction for merchants. By eliminating the price volatility of the cryptocurrency transaction, merchant risk has been reduced. This has increased merchant confidence in accepting cryptocurrency payments as a viable payment option and has led to them to request NetCents to increase processing volumes.

 

 

Since starting live transactions, the Company has been working with their merchant base to continue to evolve the NetCents Merchant Gateway. After merchant consultation and feedback, the Company is now providing merchants using the NetCents Merchant Gateway the ability to increase their settlements from twice-monthly to twice-weekly to accommodate merchant interest in increasing their monthly cryptocurrency processing volume.

 

 

About NetCents­­­

 

 

NetCents is a next-generation 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 innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online.

 

 

NetCents Technology is integrated into the Automated Clearing House and is registered as a Money Services Business with FINTRAC, which ensures our consumer’s security and privacy. NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way. ™

 

Posted May 24, 2018

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