NetCents' technology gets a boost as it enters reseller deal with Kubera Payments

Netcents is focused on buyers' migration from cash to digital currency by using blockchain technology

The company said it had struck deals with Vancouver-based Kubera Payments

Online payments and blockchain specialist NetCents Technology Inc. (CSE:NC) said it had struck a reseller agreement with Vancouver-based Kubera Payments for its cryptocurrency merchant gateway.

NetCents is focused on buyers' migration from cash to digital currency by using blockchain technology to provide payment solutions that are simple to use.

READ: NetCents Technology completes cryptocurrency integration with restaurant-focused SoftPoint

On Tuesday, the company said it had entered into a five-year ISO (Independent Sales Organizations) reseller agreement with Kubera Payments (Kubera) and a reciprocal Kubera referral agreement.

Kubera will resell the company's gateway to their merchant network, which is focused on such sectors as tourism, hospitality, retail, and transport.

Kubera is a specialist in payments security, electronic funds transfer, technology development and payment processing.

"At Kubera, we strive to provide our clients access to the widest range of processing options and technology. As such, we're very proud to announce our new relationship with NetCents," said Chris Browes, CEO and co-founder, Kubera Payments.

"Executing reseller agreements with NetCents provides access to industry leading crypto processing capabilities for our clients.

"NetCents clients will also be able to access preferential pricing for complimentary services from Kubera including fiat merchant processing and PCI compliance consulting lead by our certified information systems auditors."

Last week, NetCents said it was “honoured” to be nominated by the Digital Finance Institute for its blockchain company of the year award.

More than 3,000 people from the banking, legal, finance, tech, startup and blockchain sectors are expected to attend the fourth annual Canadian FinTech & AI Awards on November 26 in Toronto.

Reporting by Giles Gwinnett

[email protected], Twitter @Gile74

Quick facts: NetCents

Price: 1.27 CAD

Market: CSE
Market Cap: $89.32 m

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