NetCents Technology Inc. (“NetCents” or the “Company“) (CSE: NC / Frankfurt: 26N) is pleased to announce the release of the first SaaS-based cryptocurrency processing platform.
Clayton Moore, CEO of NetCents said, “These platform updates will allow NetCents to both onboard new merchants more easily and monitor processing volumes to meet system requirements. Our recent agreements have given NetCents direct access to 500,000 merchants and this update will allow the company to deploy integrations quicker and scale more easily. With this upgrade, we continue to deliver on our growth strategy.”
In order to meet current and future partner demand, the NetCents SaaS platform is designed to be a turnkey solution for anyone wanting to start or add Cryptocurrency processing to their platform or portfolio. The versatility and flexibility of the system allows easy white labeling, onboarding, and integration into existing platforms.
“We knew that we needed to partner with key players in the payments space and work together to bring crypto payments from a vision of the future to a reality and make it easier for consumers to spend crypto,” added Mr. Moore. “With our upgraded platform we are now poised to be able to rapidly onboard these new partners and their merchants, bringing us one step closer to our goal of becoming the technology that powers cryptocurrency payments worldwide.”
The move to the SaaS platform will enable the Company’s anticipated growth in both the card present and card not present environments. Through this upgrade, the Company has developed four robust API documents for ease of integrations with merchants, partners, and POS and terminal environments.
Built on top of elastic computing technology, the platform can adapt to volatility and changes in demand. The architecture continually monitors processing volume and adapts by monitoring processing thresholds of existing servers, enabling predictive scaling to handle peak periods and, scheduled scaling for high transaction periods.
