RATE Group | NetCents Technology Inc reports consistent growth in new merchant cryptocurrency signups
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NetCents Technology Inc reports consistent growth in new merchant cryptocurrency signups

NetCents Technology Inc reports consistent growth in new merchant cryptocurrency signups

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Since April, the company has achieved 72% average monthly growth in new merchant signups

Technology Inc () (OTCMKTS:NTTCF) told investors Thursday that it continues to see growth in external market demand for cryptocurrency payment services as well as its own services such as merchant adoption of cryptocurrency.

The Vancouver-based company, which offers products and services that allow businesses to accept cryptocurrency payments from customers by providing them with instant settlements, said that there’s been a spike in demand from merchants wanting in on the action. 

Since April, has achieved 72% average monthly growth in new merchant signups.

READ: NetCents Technology shares nudge higher as third quarter processing revenue rises, operating costs fall

“With traditional payment companies’ new rules, increasing focus on medium and enterprise businesses, and zero tolerance for risk, payments are becoming increasingly difficult and expensive for merchants, forcing them…

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