VANCOUVER, Jan. 22, 2019 /CNW/ - NetCents Technology Inc. ('NetCents' or the 'Company') (CSE: NC) (Frankfurt: 26N), is pleased to announce that it has entered into a five-year ISO Reseller Agreement with SalesSource LLC ('SalesSource'). Backed by numerous years of expertise in the payment processing industry, SalesSource specializes in merchant acquiring, prepaid card issuance, mobile wallet, payments facilitation and funds management.
Through this agreement, SalesSource will promote and sell the NetCents Cryptocurrency Merchant Gateway, e-Wallet and Card related services to their extensive merchant network which includes multiple avenues of international and domestic processing, mobile and virtual terminal processing, e-commerce, high risk, alternative payment and cash advance methods, and POS systems integrations.
In addition to their extensive merchant service experience, SalesSource excels in prepaid card issuance and mobile wallets by way of virtual and physical cards, e-Wallets, employee PayCard for international use and offers a proprietary processing platform, closed loop and open loop card programs. SalesSource facilitates domestic and recurring ACH and CC payments, check processing, international transfers, and now, cryptocurrency payments throughout many industries, distribution channels and sales partners.
NetCents CEO Clayton Moore stated, "SalesSource is forward thinking and excels in various aspects of product development and product delivery. Integrating NetCents Crypto Currency processing services with SalesSource payment solutions will increase our distribution reach, market validation, and strategic customer acquisitions.
SalesSource CEO and President, Mr. Paul Compton, has led top American payment companies in acquiring billions due to his ventures in Heartland Payments, EVO Payments International, and Jet Pay. Personally selling over $4 billion in processing at Heartland led Paul to a promotion in building National Sales Teams, which brought in over $30 billion. Paul continued on to grow a multi-billion dollar portfolio at Evo Payments and build out the existing sales infrastructure and ISO acquiring model at JetPay.
For more information, visit https://www.salessourcepros.com/.
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.
For more information, please visit the corporate website at http://www.net-cents.com.
On Behalf of the Board of Directors
NetCents Technology Inc.
Clayton Moore, CEO, Founder and Director
NetCents Technology Inc.
Suite 1000 - 1021 West Hastings Street
Vancouver, BC, V6E 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.
The CSE has not reviewed, approved or disapproved the content of this press release
SOURCE NetCents Technology Inc.
For further information: Gordon Jessop, President / COO, [email protected], +1-604-676-5249