NetCents Technology Plans To Launch A Cryptocurrency Credit Card
The Canadian payment company NetCents Technology, an electronic online payment service provider, has announced plans for the introduction of a cryptocurrency credit card in Internal and European markets.
The new card issued by the company does not require the pre–loading of the cryptocurrency. This prevents the risk of changing the value of the cryptocurrency that arises between load times and costs.
Te holders of the credit cards can directly tie a card to their NetCents wallets, which turns it easy to immediately use the cryptocurrency available in the wallet.
The mentioned cryptocurrency credit–card will permit clients to use up to three cryptocurrencies for payment.
Consumers will be able to use the NetCents card for more than 40 million traders around the world who accept Mastercard and Visa cards.
NetCents designs to convert funds from cryptocurrency into Fiat applying its real payment trading technology. This will enable new members of cryptocurrency credit cards to make purchases and trade payments in real time mode.
The company expects to include its credit card program in the White Label Enterprise Partner Program.
The company designs to launch a credit card in Canada in the fourth quarter of this year and in Europe at the beginning of next year, and the company is working on issuing cards in the US.