NetCents Signs Licensing Deal That Will Launch Technology Into A $46 Billion Industry
Chorus Pay Ltd., (“Chorus”), is pleased to announce that it has entered into an exclusive licensing agreement with NetCents Technology Inc., (NetCents) (CSE: NC) (www.net-cents.com) which grants Chorus the exclusive right to use the NetCents processing platform to process transactions in the betting and gaming industry.
Chorus Pay is the first digital wallet exclusively designed for the betting and gaming industry. Chorus will leverage their wealth of experience and expertise in the industry to deliver innovative payment solutions whilst providing an exceptional customer experience. Chorus is committed to being at the forefront of product innovation and will use both proprietary and licensed IP to deliver a superior payment solution for the gaming sector.
Letters of intents have been signed with several industry leading companies and therefore Chorus will kick off a scheduled number of integrations with major gaming companies that will be announced upon completion of integration over the next couple of months.
Anthony Taylor, CEO of Chorus Pay said “The betting and gaming industry is moving to digital payments and we needed a solution that was advanced and adaptable; as well as partnering with someone who really understood digital currency. NetCents was a great fit for that. Chorus strongly believes the NetCents platform is uniquely qualified to seamlessly handle all forms of transactions from flat to digital currencies and most importantly Bitcoin and Ethereum. This will allow us to execute our vision to alter the way payments are currently processed within the industry.”
Clayton Moore, CEO of Net Cents said “This agreement with Chorus is a perfect fit for us. This agreement will allow the company’s platform to be utilised in a specific market sector that currently process an estimated 1.5 billion transactions per year valued in excess of $46 Billion”
Anthony further added, “With NetCents industry leading technology, Chorus will be able to deliver an innovative, reliable and secure platform to merchants and consumers alike. All of the above coupled with exceptional Customer Service being at the forefront of our minds means we are looking forward to our launch”.
Chorus Contact info:
+61 424 151 168
NetCents is a next generation online payments 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 is available for deposits from 194 Countries around the World. (Visit: www.net-cents.com)
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.