NetCents Technology Inc. (CSE:NC) (OTCQB:NTTCF) announced Wednesday[1] that it is accelerating its pace for market adoption and integration through the sign on of its 40th partnership agreement.
Doubling its number of partnerships in just over six months reflects NetCent’s aggressive trajectory to accelerate its partner growth and keep pace with merchant adoption of cryptocurrency. It also demonstrates the increased willingness of merchants to adopt traditional payment alternatives by incorporating NetCent’s payment solution in-store, online, and within their POS systems.
“This accelerated partner growth continues to validate our business model and the future of the Company,” said NetCents founder and CEO Clayton Moore. “Whereas in 2018 and early 2019, we needed to actively sell our partners on the advantages of NetCents, we are now having major players in the payments space actively seek us out to allow them to offer cryptocurrency by embedding our Merchant Gateway within their technology, providing merchants a seamless experience and onboarding process for cryptocurrency payments.”
NetCents has embedded its cryptocurrency merchant gateway technology within all major traditional payment sectors through its partnerships with payment processors, merchant gateways, ISO’s, ISV’s, and terminal manufacturers.
This integration provides NetCents with a competitive market advantage of being the default cryptocurrency payment provider for merchants and also gives the company access to hundreds of additional partners, millions of merchants, and a sales force of thousands of agents who will sell the NetCents crypto Merchant Gateway[2] to their existing merchant base.
Moore explained that the company is already seeing the early success of its partnership strategy come to fruition. In fact, NetCents signed on more merchants in the first week of September than it did in the entire month of May and has already experienced an average 95%
