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NetCents Technology completes cryptocurrency integration with restaurant-focused SoftPoint

The move makes it possible for thousands of merchants to accept digital payments

NetCents and Softpoint are teaming up on cryptocurrency payments systems for merchants.
A keyboard with a cryptocurrency key

Online payments processor NetCents Technology Inc (CSE:NC) has completed its cyrptocurrency integration with SoftPoint LLC, which operates a management and payment system for restaurants, retailers, spas and ticketing.

The integration of NetCents into the SoftPoint platform makes it possible for thousands of merchants to accept cryptocurrency, NetCents said in a press release Tuesday.

READ: NetCents Technology draws nomination for blockchain company of year award

The companies are now working to promote the integration of merchants using SoftPoint as well as others. SoftPoint, based in Scottsdale, Arizona, predicts that it will serve more than 10,000 merchant locations by the end of 2019.

Last month, Vancouver-based NetCents said it entered a joint agreement with cryptocurrency company Verge Currency. Under the agreement, NetCents will be a vendor for Verge, which will promote the NetCents platform through social media and marketing.

Shares of NetCents Technology dropped $0.03 to $1.21 in Thursday’s trading on the Canadian Securities Exchange.

Quick facts: NetCents

Price: 0.46 CAD

CSE:NC
Market: CSE
Market Cap: $24.33 m
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