Payment Provider NetCents Readies Cryptocurrency Credit Card for Launch

Canadian cryptocurrency payments provider, NetCents, has completed the technical integration of its consumer credit card into its proprietary ecosystem. NetCents announced March 20 that it had begun edge-case scenario testing in real-world environments in order to ready the card for launch.

Not like other crypto credit cards

The NetCents credit card promises users will not have to pre-load cryptocurrency onto their cards, differing from otherwise-similar products already on the market. Cards which require pre-loading can sometimes rob users of crypto value appreciation they would have otherwise received in the interim between loading and spending their coins.

The NetCents card is directly tied to each user’s wallet, which allows cryptocurrency to be spent in real-time. The company has adapted its instant settlement technology to allow merchants to convert funds into fiat at time-of-purchase. They have also integrated the NetCents exchange into their offering.

With integration of the…