NetCents to power cryptocurrency transactions for XTM card programs

2020-8-18 21:34

NetCents, a cryptocurrency payments technologies company, today announced that it has entered into a partnership with XTM, Inc., a Toronto-based Fintech company in the challenger banking space, providing mobile banking and payment solutions around the world, to enable cryptocurrency payments and loading of payment cards.

Through this partnership, NetCents will be supplying the underlying technology to power cryptocurrency transactions for XTM’s card programs enabling near real-time loading of funds to XTM mobile wallets. Cryptocurrency account holders can redeem the amount needed to complete an online or card transaction.

Cash payments have been declining for a long time – but the decline has been accelerated with the recent push to contactless payments. Cash payments in Canada were 54% of transactions in 2009 and now they are less than 30%.

This partnership facilitates an additional method of transferring funds to any XTM’s Today mobile wallet.

“Our strategic partnership with NetCents demonstrates our continuance to extend the breadth and depth of the value we offer our user base,” said Marilyn Schaffer, CEO of XTM Inc. “With the upcoming launch of our closed-loop community currency solution in California, adding cryptocurrency as a method of funding the wallet fits as an innovative digital load option in our quest to dominate a cashless ecosystem.”

This partnership marks the second NetCents collaboration that leverages the Company’s deep technology base. The first collaboration on technology has been NetCents work with VISA as part of their Fast Track technology incubator.

“The Company has a dual-path strategy to be both vertically integrated as a consumer-facing brand as well as to develop and deploy a suite of products that can be shared within a broad crypto-based ecosystem,” stated Clayton Moore, CEO of NetCents. “This strategy will allow us to continue to embed ourselves into the mature traditional payments infrastructure, and we will grow organically as Crypto becomes a larger asset class and more of a transaction medium. Embedding our tech as a back end for many systems becomes a barrier to entry for other competitors while also driving revenues, and increasing transaction flow for our market-making and exchange operations,” he concluded.

CryptoNinjas » NetCents to power cryptocurrency transactions for XTM card programs

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0029661 (-100%)

cryptocurrency payment banking payments netcents company xtm

Источник: cryptoninjas.net

cryptocurrency payment → Результатов: 126


COINQVEST and Anclap introduce inflation free cryptocurrency payment processing for Argentina

CryptoNinjas » COINQVEST and Anclap introduce inflation free cryptocurrency payment processing for Argentina COINQVEST, a licensed virtual currency service built on the Stellar Network that allows merchants to accept, manage and disburse cryptocurrency payments, today announced its collaboration with Argentina-based Anclap, a Peso Argentino anchor and financial technology service provider, to bring blockchain-based and inflation-free payment processing to merchants and enterprises in Argentina.

2021-4-20 02:13


Worldline and Bitcoin Suisse Are Bringing Cryptocurrencies to the Swiss Market

Online and in-store businesses in Switzerland are soon going to receive cryptocurrency payments, as the Bitcoin Suisse operating crypto financials has partnered with the payment company Worldline. The announcement has been made on Friday, and it says that the two financial players will leverage the SIX Payment Services infrastructure.

2019-11-9 22:34


New Topanga Canyon, California Resort Property Is Up For Sale, Bitcoin Payment Only

When it comes to real estate, some believe that there is a “crypto real estate boom” taking place because a few homeowners are offering to sell their homes for cryptocurrency – or fiat currency. In any event, there is currently a California property up for sale whereby the owner is accepting cryptocurrency as payment. Specifically, […]

2018-11-8 12:36


Фото:

Less Than 1 Percent of Subscribers Use PornHub’s Cryptocurrency Payment Option

While Pornhub may have generated a lot of excitement as one of the first adult entertainment companies to accept cryptocurrencies, their subscribers do not share the same level of enthusiasm. Hard Fork reported on September 28, 2018, that despite offering multiple cryptocurrency payment options such as Verge (XVG), Tron (TRX), and Horizen/ZenCash (ZEN), less than 1 percent of users opt.

2018-10-2 21:00


Azeri Hotel Booking Platform Hotels24 Adds Bitcoin Gold (BTG) Payment Option

The Azerbaijan-based hotel booking platform, Azeri, is now accepting BTG as a payment option for their cryptocurrency for international and local spots – regardless of nationality. Azeri, one of the internet’s largest providers of hotel booking services has added the cryptocurrency BCG to it’s list of available currencies accepted for making payments to the company. […]

2018-7-26 14:54


Фото:

Skrill’s New Cryptocurrency Offering is Now Live in Over 30 Countries

Skrill, a leading digital wallet and online payment provider part of the Paysafe Group, has launched a new cryptocurrency offering, now letting users from more than 30 countries instantly buy and sell cryptocurrencies, including Bitcoin, BCH, Ether and Litecoin, using any one of the 40+ national currencies available in the Skrill wallet, the company said […] The post Skrill’s New Cryptocurrency Offering is Now Live in Over 30 Countries appeared first on Coinjournal.

2018-7-26 16:09


Фото:

Skrill’s New Cryptocurrency Offering Now is Live in Over 30 Countries

Skrill, a leading digital wallet and online payment provider part of the Paysafe Group, has launched a new cryptocurrency offering, now letting users from more than 30 countries instantly buy and sell cryptocurrencies, including Bitcoin, BCH, Ether and Litecoin, using any one of the 40+ national currencies available in the Skrill wallet, the company said […] The post Skrill’s New Cryptocurrency Offering Now is Live in Over 30 Countries appeared first on Coinjournal.

2018-7-25 16:09


Credit Suisse Upgrades Square Stock Price Due To Cryptocurrency Payments Involvement

Credit Suisse, one of the leading global financial services for clients in nearly every facet of finance around the world is finally dipping their toes into the water of cryptocurrency. The company has worked hard to overhaul Square, giving the business payment processor and assistant for point of sale solutions an upgrade that has provided […]

2018-7-24 12:46


TPX Network ICO

TPX Network aims to change the money transfer business. We will do this by leveraging blockchain technology and applying it to the online remittance business. Our app will give the customers the choice of using either fiat money or cryptocurrency to fund their transfers, cash out or even use payment cards.

2018-7-23 15:47


Фото:

G20 Ice October Timeline for Cryptosafe Payment Grade

G20 member countries are now looking at an October deadline for reviewing a global anti-money laundering (AML) standard on cryptocurrency, document shows. According to a statement issued on Sunday, finance ministers and central bank governors of the G20 member countries hosted a meeting during the weekend and reiterated their position on “vigilant” monitoring over cryptocurrency.

2018-7-23 11:24


Фото:

Samsung stores accepts Cryptocurrencies

News On Friday, Samsung stores in the Baltic States have announced they will be accepting seven different cryptocurrencies for merchandise. Samsung Stores in Three Baltic States Accept Cryptocurrencies The platform Coppay is a European fintech firm that offers payment gateways for cryptocurrency paying customers throughout 31 merchant locations. Now the company has announced that Samsung

2018-7-21 23:05


Samsung Accepts Cryptocurrency Payments in Three Baltic States

Samsung is reportedly accepting cryptocurrency payments in several Baltic States using crypto payment platform CopPay. The Lithuania-based company made the announcement today. Customers in Tallinn, Riga, Vilnius, and Kaunas in the countries of Estonia, Latvia, and Lithuania will be able to purchase Samsung smartphones, tablets, laptops, TV sets, and more with cryptocurrency.

2018-7-20 14:30


Фото:

NEO To Be Listed On COSS 7/20

For those who don’t know, COSS is based in Singapore and stands for Crypto One Stop Solution. It serves as: An e-wallet (that supports multiple different tokens) An exchange A market cap widget Fiat gateways A platform to promote trading campaigns and the launches of token sales A ‘merchant portal’ for companies to receive cryptocurrency as payment Recent news has revealed that COSS will being listing NEO this Friday, 20th July! Continue reading NEO To Be Listed On COSS 7/20 at Crypto Daily™.

2018-7-19 16:00


Cryptocurrency Payment Speed to Increase as MasterCard Scores Patent for the Necessary Technology

The U.S. Patent and Trademark Office officially granted MasterCard a patent for a method of increasing the speed of cryptocurrency transactions. The Need for Speed Published July 17, the patent explains the serious need for increasing the speed of cryptocurrency transactions based on the growing demand for the same. The patent also outlines a key

2018-7-19 01:17


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

NetCents expands offering by creating interest-bearing crypto accounts

NetCents, a cryptocurrency payments company, today announced that it will begin to offer interest-bearing crypto accounts on its platform. The company sees an opportunity in facilitating these types of transactions based on the experience of its merchant base which is now choosing to receive a higher percentage of its receipts in cryptocurrency Furthermore, individual investors […] CryptoNinjas » NetCents expands offering by creating interest-bearing crypto accounts

NetCents adds credit card payments as method to purchase cryptocurrency

NetCents, a cryptocurrency payments company, today announced that it is adding the ability for NetCents users to purchase cryptocurrency via credit card on the NC Exchange. There are a limited number of platforms that are approved by the card companies for purchasing crypto, with NetCents is now approved, is a testament to the safety that […] CryptoNinjas » NetCents adds credit card payments as method to purchase cryptocurrency

NetCents soon to launch real-time conversion cryptocurrency debit card

NetCents, a cryptocurrency payments technology solutions provider, today announced that it has completed the technical integration of the NetCents Cryptocurrency Credit Card. The implementation of the credit card program into the NetCents ecosystem, includes integration into user wallets, NC exchange, and instant settlements.

NetCents adds recurring cryptocurrency billing solution

NetCents, a cryptocurrency payments technology solutions provider, announced today the addition of a recurring billing feature. The addition further enhances its cryptocurrency merchant gateway by attacking an entirely new customer base.