VANCOUVER, Nov. 28, 2018 /CNW/ - NetCents Technology Inc. ("NetCents" or the "Company") (CSE: NC / Frankfurt: 26N) is pleased to announce that it has entered into a five-year ISO Reseller Agreement with OBANC.

OBANC offers their clients a suite of integrated products and services and with over 35 years of experience, OBANC can provide their client base the best in payment processing solutions, security and compliance, and consulting services enabling them to quickly grow and scale.

"OBANC is pleased to partner with NetCents to introduce cryptocurrency payments to both new and existing e-commerce customers," stated Wayne Orkin, President of OBANC. "NetCents is a dependable and complimentary company, which OBANC is proud to partner with to assist online merchants with services that help them grow their business and create better buying experiences."

Through this agreement, OBANC will resell the NetCents Cryptocurrency Merchant Gateway to their merchant network which includes; B2C and B2B merchant, eCommerce, high risk, alternative payment methods, international processing, check processing, and gift and loyalty services. NetCents will earn a percentage on each crypto-currency transaction which the OBANC client base processes.

"With over 30 million in processing volume, OBANC's goal is to empower its clients with the most innovative products and solutions to produce better customer experience, retention, and new client acquisition making cryptocurrency was a natural addition for us. Customers depend on our expertise and solutions to deliver integrated payment processing services, online marketing, and custom web development that are both reliable and affordable," added Mr. Orkin. 

Clayton Moore, CEO of NetCents said, "We are looking forward to working with OBANC as they provide NetCents with a unique opportunity. In addition to providing crypto-currency processing to their client base, OBANC has multiple touch points and provides their clients with more than payment processing which could open the door for other opportunities." 

About OBANC

OBANC is a Florida-based payments consulting firm focusing on merchant, web marketing, web development, and consulting services. OBANC has 35 plus years of experience providing businesses with the best payment processing solutions, security and compliance, SEO services, web development, and network consulting. Their partners and solutions are trusted to deliver quality services and the lowest wholesale prices and fees.

https://obanc.net/

About NetCents

NetCents is a next-generation online payment processing platform, offering consumers and merchants online services for managing electronic payments. The Company is focused on capturing the migration from cash to digital currency by utilizing innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online.

NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer's security and privacy.

On Behalf of the Board of Directors
NetCents Technology Inc.

"Clayton Moore"
Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.
Suite 880, 505 Burrard St (Bentall 1),
Vancouver, BC, V7X 1M4

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE NetCents Technology Inc.

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