RATE Group | NetCents Technology Inc shrinks the upper limit of cryptocurrency transaction processing…
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NetCents Technology Inc shrinks the upper limit of cryptocurrency transaction processing…

NetCents Technology Inc shrinks the upper limit of cryptocurrency transaction processing…

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By working with institutional partners, the company processes large crypto transactions without the need for large floats

Technology Inc () (OTCMKTS:NTTCF) has expanded the volume of cryptocurrency transactions it can process by forming relationships with additional liquidity sources, the company announced Friday.

Essentially, NetCents offers products and services that allow businesses to accept cryptocurrency payments from customers by providing them with instant settlements. The company said it has now reduced the need for large capital floats to fund those settlements and has lowered the risk of working with cryptocurrency exchanges.

READ: NetCents Technology signs its 40th partnership agreement for cryptocurrency platform

“Working with multiple institutional partners to provide managed funds allows us to process unlimited transactions with fewer capital restraints,” Netcents’ CEO Clayton Moore said in a statement. “We are now able to continue to scale our…

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