The team at NetCents HQ have published their monthly digest on their website. In this October edition, the team updates their clients, fans and the crypto community, on the major strides they have made during the past month. The first being that plans are underway of integrating SoftPoint: the first fully integrated hospitality management system that specializes in operation, payments and controls. This in turn means that thousands of merchants will be able to offer cryptocurrencies as a payment method through this integration.
SoftPoint is one of the leading POS systems provider and some of its merchants include Aramark, Carl’s Jr, Buca di Beppo, and Tilted Kilt.
XVG, TRX and Horizon (HZ) added onto NetCents Merchant Platform
The second update the team at NetCents announced in the monthly publication, is that Verge, Tron and Horizon were integrated onto their merchant gateway. The addition of the three digital assets, was accelerated through a request by one of NetCents’ largest merchant; MindGeek.
Refreshing our memory a bit, we recap that MindGeek is the owner of the popular adult websites of Pornhub and Brazzers. XVG was the first digital asset to be accepted by the famous adult entertainment company.
NetCents’ merchant services will now be integrated onto MindGeek’s websites and advertising platform, before the end of the year.
With respect to XVG, both teams at NetCents and Verge have entered a joint agreement that has been described as follows:
[NetCents has] become a vendor of choice for Verge and Verge will be promoting [the NetCents] platform through their marketing and social media channels. [NetCents] will also be working towards fully integrating Verge into the NetCents’ ecosystem, enabling Verge holders to spend their cryptocurrency through the merchant-base and upcoming credit card program.
About NetCents’ Credit Card Program
Of particular importance, is the last phrase that mentions an upcoming credit card program. Back in late August, NetCents had announced its intentions of launching a cryptocurrency credit card that would function in Canada and Europe. NetCents is based in Canada and the team also expressed intentions of expanding to the US.
The cards will be integrated into the NetCents mobile app and will come with a chip, pin, magnetic stripe and NFC functionality. NetCents plans on converting funds from crypto to fiat by using its merchant instant settlement technology. They also aim at introducing a loyalty program for all users of the credit cards.
What are your thoughts on the development of XVG, TRX and HZ being integrated onto NetCents merchant gateway? Please let us know in the comment section.
[Image courtesy of net-cents.com]
Disclaimer: This article is not meant to give financial advice. Any opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.