Creating mainstream adoption of crypto payment worldwide, Netcents Technology Inc. announced a development which will see the launching of Cryptocurrency credit card into the Canadian and European markets.
The news was made into the air in a press release issued by the online payment processing platform with great delight, adding that with the new technology, payments with Cryptocurrency will be granted seamlessly.
Issued the same opportunity as Visa or Mastercard, the upcoming NetCents Card will be acceptable to over 40 million merchants across the world which accepts the former.
In disparity the existing archaic services offered by prepaid cryptocurrency cards available in the market, NetCents does not require pre-loading of cryptocurrencies on the card. This helps to eradicate the fear of price instability between the loading and spending time.
According to the report, the NetCents Card will have a direct connection with users’ NetCents wallets, permitting transaction with cryptocurrency in their wallet. The card will also be linked to the NetCents mobile application, with pin, chip, mag stripe, and NFC functionality.
Apart from the ability to use the card anywhere Visa and MasterCard are accepted, merchants will be acclimated to the Instant Settlement Technology which the company offers in the conversion of cryptocurrency to fiat for purchasing and payouts.
As a form of reward to cardholders, Netcent Technology Inc will integrate its impending loyalty program into the cryptocurrency credit card program, as well as include the latter into the newly proclaimed White-Label Enterprise Partner Program.
Figuring out a likely solution for the US market, the imminent card launch program for Canadian NetCents users has been scheduled for Q4 2018, while slating early 2019 development track for Europe.
The company offers enterprise partners the opportunity to fully brand crypto credit card, plus the Company’s Instant Settlement services.
Giving credence to some altcoins in the crypto sphere, the Canadian Fintech company earlier announced the addition of Verge (XVG), Tron (TRX), ZenCash (ZEN), Bitcoin Cash (BCH), and NEM (XEM) to its merchant gateway.
The five coins were taunted with the opportunity of enjoying popularity in 194 countries which NetCents offers global instant settlement protocol.