VANCOUVER, British Columbia,
March 7, 2019 /CNW/
-- NetCents Technology Inc. ("NetCents" or the
"Company") (CSE: NC) (CSE: NC.CN) (Frankfurt: 26N) (OTCQB:NTTCF) is pleased to
announce that it has launched its Crypto Banking Stack (CBS), which
are the rails that facilitate cryptocurrency accounts,
transactions, and functionality into existing platforms for banks,
financial institutions, and money service businesses (collectively
"FIs").
The Company's Crypto Banking Stack will enable Financial
Institutions to use their existing hardware and software to offer
their clients access to a fully integrated cryptocurrency
processing and transaction solution. The implementation will
require only minor modifications to their legacy systems
eliminating the need to develop and maintain their own in-house
proprietary cryptocurrency processing technology. This allows for a
low-cost crypto ready processing solution to be quickly implemented
without the requirement for an extended and costly development
cycle.
Once integrated through the CBS API, Financial Institutions will
be able to offer their customers crypto banking services accessible
via their current online bank profile. The crypto bank accounts
will have the same functionality as standard chequing and savings
accounts. This includes the ability to add various crypto
accounts/wallets, transfer, deposit, withdraw, make a payment, view
transactions; and the ability to link their crypto bank account to
their existing debit cards.
The Crypto Banking Stack will have the ability to provide
account holders with the ability to convert and move balances
between their crypto and fiat bank accounts. The cryptocurrencies
which will be initially supported through the CBS are Bitcoin,
Ether, Bitcoin Cash, and Litecoin.
To sign up or learn more, please visit our Partners Page at:
https://net-cents.com/partners
About NetCents
NetCents Technology Inc, the transactional hub for all
cryptocurrency payments, equips forward-thinking businesses with
the technology to seamlessly integrate cryptocurrency processing
into their payment model without taking on the risk or volatility
of the crypto market. NetCents Technology is registered as a
Money Services Business (MSB) with FINTRAC, which ensures our
consumer's security and privacy.
For more information, please visit the corporate website at
www.net-cents.com or Investor Relations at
investor@net-cents.com
On Behalf of the Board of Directors
NetCents Technology Inc.
"Clayton Moore"
Clayton Moore,
CEO,
Founder and Director
NetCents Technology Inc.
Suite 1000 – 1021 West Hastings Street
Vancouver BC, V6B 0C3
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address events or
developments that the Company expects to occur, are forward-looking
statements. Forward-looking statements are statements that are not
historical facts and are generally, but not always, identified by
the words "expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or
"should" occur. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance, and actual results may differ materially from
those in the forward-looking statements. Factors that could cause
the actual results to differ materially from those in
forward-looking statements include regulatory actions, market
prices, and continued availability of capital and financing, and
general economic, market or business conditions. Investors are
cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
Forward-looking statements are based on the beliefs, estimates, and
opinions of the Company's management on the date the statements are
made. Except as required by applicable securities laws, the Company
undertakes no obligation to update these forward-looking statements
in the event that management's beliefs, estimates or opinions, or
other factors, should change.
For more information, please visit the corporate website at
www.net-cents.com or
Investor Relations at investor@net-cents.com
+1-604 676-5249
View original
content:http://www.prnewswire.com/news-releases/netcents-technology-launches-crypto-banking-stack-enabling-financial-institutions-to-offer-cryptocurrency-services-300808254.html
SOURCE NetCents Technology Inc.
