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NetCents Technology Partners with Payments Technology Company Worldpay

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NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) and Worldpay, the global payments technology company, have announced a partnership to promote the widespread adoption of digital assets such as Bitcoin, Ethereum, and stablecoins. NetCents offers a reliable crypto payment infrastructure, providing solutions for businesses, financial institutions, and governments globally. Worldpay from FIS, a global leader in merchant payment processing, has been at the forefront of innovation in digital payments and recently announced a partnership with Visa to enhance stablecoin settlement capabilities worldwide.
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  • The company is currently subject to a cease trade order and is working to complete annual financial statements for the fiscal years ending October 31, 2021, and October 31, 2022.

Vancouver, British Columbia--(Newsfile Corp. - January 3, 2024) - NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) ("NetCents" or the "Company"), a cryptocurrency payments company, and Worldpay, the global payments technology company, announced their partnership.

This partnership marks another stride in promoting the widespread adoption of digital assets such as Bitcoin, Ethereum, and various stablecoins.

NetCents offers a reliable, secure, and trustworthy solution for empowering corporations and small & medium enterprises, innovative startups, and web3 and blockchain companies with a dependable crypto payment infrastructure. NetCents solutions allow them to integrate cryptocurrency acceptance seamlessly, akin to processing traditional bank transfers or credit card payments. Additionally, it facilitates the optimization of digital asset operational and accounting processes, by removing the price volatility through its unique price protection guarantee, all delivered seamlessly through its user-friendly software and APIs.

NetCents CEO, Clayton Moore, expressed: "Our mission is to instill and enhance, trust and security by delivering reliable crypto payment infrastructure. This extends across businesses, financial institutions, and governments globally, enabling the seamless integration to accept various digital assets into their established workflows and processes, irrespective of their familiarity with the crypto space."

As a global leader in merchant payment processing, Worldpay from FIS has long been at the forefront of innovation in the digital payments sphere. The company previously pioneered the use of digital currencies by merchants and recently announced a partnership with Visa to enhance stablecoin settlement capabilities worldwide.

As of today, the Company continues to be subject to a cease trade order and is working diligently to complete the annual financial statements for the fiscal year ending October 31, 2021, and the fiscal year ending October 31, 2022.

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.

For more information, please visit the corporate website at www.net-cents.com or contact 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.

350 - 375 Water Street

Vancouver, BC, V6B 5C6

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities laws ("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 including without limitation, timing of finalizing and filing of the Company's financial statements, expected growth and success of the Company. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/193045

FAQ

What is the partnership announced by NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) and Worldpay?

The partnership aims to promote the widespread adoption of digital assets such as Bitcoin, Ethereum, and stablecoins.

What does NetCents offer in terms of crypto payment infrastructure?

NetCents offers a reliable, secure, and trustworthy solution for empowering corporations, small & medium enterprises, startups, and blockchain companies with a dependable crypto payment infrastructure.

What recent partnership has Worldpay from FIS announced?

Worldpay from FIS recently announced a partnership with Visa to enhance stablecoin settlement capabilities worldwide.

What is the current status of NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF)?

The company is currently subject to a cease trade order and is working to complete annual financial statements for the fiscal years ending October 31, 2021, and October 31, 2022.

NETCENTS TECHNOLOGY INC

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