VANCOUVER, Sept. 10, 2018 /CNW/ - NetCents Technology Inc. ("NetCents" or the "Company") (CSE: NC / Frankfurt: 26N) is pleased to announce that the integration into WildBunch Gaming (WildBunch) network is complete and will be going live this week.
Through this agreement, NetCents is licensing its cryptocurrency merchant gateway to the WildBunch network of online regulated gaming and sports betting websites. The Company is providing the cryptocurrency clearing and settlement services for the WildBunch Gaming platform.
WildBunch expects that their monthly cryptocurrency transaction volume will be €750,000 – €1 million per month in the first quarter, increasing to up to €8 million per month within the first year, allowing for a transition period from traditional fiat to cryptocurrency.
"We have recently surpassed our one-millionth cryptocurrency transaction and with the launch of WildBunch, we are continually realizing our revenue opportunities from the announced contracts that we have in the queue," stated Clayton Moore, CEO of NetCents Technology. "Over the coming months, we will continue to bring these signed agreements online, building the company's processing volume and revenue."
If your company or organization wishes to integrate the NetCents platform into your website, visit https://net-cents.com/business/register and sign up for a business account to complete the online form to get the digital integration and application processes started.
About WildBunch Gaming
WildBunch supplies solutions to the regulated gaming market. Wildbunch has been developing and delivering gaming platform solutions to our customers including international corporations.
We are trusted by operators to deliver a powerful, robust and functionally rich set of products, that keep operators ahead of the competition in capacity, availability and new product innovation. By working in partnership with our operators, Wildbunch has focused on delivering a platform that meets their exact needs. This has ensured rapid growth in the platform's functions and capability. We have secured key clients with our innovative and dynamic approach to software development.
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 ("ACH") and is registered as a Money Services Business (MSB) 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. ™
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.
SOURCE NetCents Technology Inc.
For further information: please visit the corporate website at www.net-cents.com or contact Gord Jessop, President: [email protected]