NETCENTS TECHNOLOGY TO ADD THE UNITED STATES TO ITS NETCENTS CRYPTOCURRENCY CREDIT CARD PROGRAM
NetCents Technology Inc. will be adding the United States to its NetCents Cryptocurrency credit card program.
Given the interest in and technical development work that has been completed for its Canadian Cryptocurrency credit card program and prelaunch interest from U.S.-based cryptocurrency holders to receive a NetCents Cryptocurrency credit card, the company has made the decision to concurrently launch the program in Canada and the United States.
By including the United States to the card program prior to launch, the company is able to streamline the technical development, management and rollout of the program while increasing the potential card program user base tenfold. During the technical integration phase of the program, NetCents has developed a key innovation that is unique to the NetCents Cryptocurrency credit card program. NetCents card holders will be able to select up to three cryptocurrencies to spend with their credit card and the company has developed the process and technology to allow card holders to spend multiple cryptocurrencies in a single transaction automatically.
Unlike other prepaid cryptocurrency cards in the market, NetCents cardholders will not have to preload cryptocurrency onto their card, eliminating potential "lost" appreciation caused by rising cryptocurrency values between the time the user loads it and the time they spend it. The NetCents Cryptocurrency credit card is tied directly into users' NetCents wallets, allowing cardholders to spend the cryptocurrency in their wallet. The NetCents Cryptocurrency credit card will be integrated into the NetCents mobile application and have chip, pin, magstripe and NFC functionality.
"This is a massive leap forward for us, what we are building represents the most seamless bridge between the $200-plus-billion Cryptocurrency asset class, and all of the merchants that accept credit cards," stated Clayton Moore, founder and chief executive officer of NetCents Technology. "We look forward to finishing our development work and rolling out our breakthrough payment products soon."
About NetCents Technology Inc.
NetCents is a transactional hub for all cryptocurrency payments. It equips businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the cryptomarket.
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