- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
NetCents Technology Processing Cryptocurrency Transactions With First Round of Merchants
NetCents Technology (CSE:NC) has announced that it has gone live with merchants and is actively processing cryptocurrency transactions. As quoted in the press release: The company is now working on completing the onboarding process for the first phase merchants who have signed up to use the NetCents Merchant Gateway. With the Company’s current signed contracts, …
NetCents Technology (CSE:NC) has announced that it has gone live with merchants and is actively processing cryptocurrency transactions.
As quoted in the press release:
The company is now working on completing the onboarding process for the first phase merchants who have signed up to use the NetCents Merchant Gateway. With the Company’s current signed contracts, the Company has access to over 80,000 merchants in its pipeline.
“The successful start of live transactions was the final piece of the puzzle to prove that the NetCents platform is ready to become the backbone of cryptocurrency processing worldwide,” stated Clayton Moore, CEO of NetCents Technology. “With 80,000 merchants in our pipeline, coupled with the new contracts we are working on, NetCents is poised to become the go-to merchant solution for cryptocurrency payments.”
The first batch of merchants using the NetCents Merchant Gateway went live over a week ago and have successfully been processing transactions using the Company’s Instant Settlement process. Processing has increased from one transaction every 72 minutes over the first weekend to one transaction every five minutes, representing a processing increase of 1,340% in a matter of days.
All of the transactions processed to date have been completed using the NetCents Instant Settlements process, providing merchants guaranteed protection against market-volatility and liquidity issues associated with cryptocurrency processing. Instant Settlements solved these gating items that have prevented cryptocurrencies from truly become mainstream and used for everyday payments, paving the way for merchant adoption.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.