VANCOUVER, British Columbia--(BUSINESS WIRE)--Newnote Financial Corp. (the “Company”), (CSE: NEU; FSE: 1W4; OTC: NWWTF) is pleased to announce that it has entered into a strategic partnership with Net-Cents Systems Ltd. (Net-Cents), an electronic payment transaction platform integrated with some of the World’s largest financial institutions to enable 100% secure, real time online transactions between both consumers and merchants.
Newnote and Net-Cents software development teams will jointly build out APIs to connect Newnote’s PureTrade exchange and Net-Cents' transaction platform. This integration will allow users to simultaneously view balances in both their cash and crypto currency accounts and be able to use cash to purchase additional crypto currencies or sell their crypto currencies and transfer the cash back to their accounts in real time. Users will also be able to transfer funds person to person as well as buy goods and services online and pay in the currency of their choice.
Clayton Moore, Founder & CEO of Net-Cents, said, “This agreement between Newnote and Net-Cents positions the two companies at the forefront of the payment and crypto-currency markets.”
Newnote President & CEO Paul Dickson states, “This partnership simplifies the task of buying and selling Bitcoin using traditional currencies. We’re pleased Net-Cents have chosen to work with us; the mutual benefit will prove to be rewarding.”
About Net-Cents Systems Ltd.
Net-Cents Systems Ltd. (Net-Cents) is an enhanced electronic Payment Service Provider (or “PSP”) with industry leading capabilities that benefit both merchants and consumers. The system is designed to exploit existing inadequacies in the PSP market space as well as transition towards the future as it has the capability to handle traditional cash based transactions and digital (crypto) currency based ones.
The Net-Cents platform is not credit card based and is associated with some of the world’s largest financial institutions. It is 100% secure against Credit Card fraud and ID Theft for consumers while providing merchants greatly reduced transaction costs.
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this burgeoning market. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.
For further information please contact:
President, CEO & Director
Newnote Financial Corp.
Suite 709-700 West Pender Street
Vancouver, BC V6C 1G8
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
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