NETCENTS New Merchants Add $1.9 Million to Processing Volumes
VANCOUVER, B.C., August 8, 2017 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC) is pleased to provide an additional update regarding associated increases in processing volumes, attributed from its new fully integrated portfolio of merchant-partners (see news July 19, 2017).
NetCents is pleased to report that new clientele have increased corresponding processing volumes by $1.9 Million to date. Newmind.com (“NewMind”) and Liftmode.com (“LiftMode”) have been primary catalysts in driving this accelerated growth in revenues.
NewMind and LiftMode are ecommerce-based retailers, supplying premium nootropics to this rapidly expanding market vertical. Nootropics also referred to, as smart supplements, memory enhancers, neuro enhancers, cognitive enhancers, and intelligence enhancers, are supplements, nutraceuticals and functional foods that improve mental functions such as cognition, memory, intelligence, motivation, attention and concentration.
“Our business development team has hit the ground running by signing new merchants to the NetCents platform in the last month along with a pipeline of potential clients pending for review and approval,” said Clayton Moore CEO & Founder, NetCents Technology Inc.
Since on-boarding NewMind and LiftMode onto the NetCents Merchant Gateway, NetCents has seen significant growth in daily transactional volumes. The initial months of processing for these two merchant-partners is estimated to be $250,000 to $300,000. NewMind and LiftMode look to bring a diverse and loyal clientele base that regularly purchases products through their site.
If your company or organization wishes to integrate the NetCents platform into your website, visit https://net-cents.com/sign-up/ and click on our “Sign Up for Business Account” tab to complete the online form to get the digital integration and application processes started. A NetCents payment icon will be placed on your website at no cost.
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 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, CEO, Founder and Director
NetCents Technology Inc.
Suite 880, 505 Burrard St.,
Vancouver, BC, V7X 1M4
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.