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NetCents launching settlements to protect cryptocurrency transactions

With the NetCents Merchant Gateway, volatility in the price of digital currencies such as Bitcoin, Ether, or Litecoin will have no effect.

NetCents Technology today announced the launch of Instant Settlements, to provide merchants guaranteed protection against market-volatility and liquidity issues associated with processing cryptocurrency transactions.

NetCents will initially offer instant settlement for Bitcoin, Ethereum, Litecoin, with additional cryptocurrencies to be added over time.

Through Instant Settlements, merchants will now be able to take advantage of all the benefits of lower fees, faster processing, and leverage the liquidity of ‘crypto-to-fiat or crypto-to-crypto’ settlement without being exposed to the risks or the price fluctuations inherent with cryptocurrencies.

Clayton Moore, CEO of NetCents Technology said:

“With our risk-free platform, merchants and payment processors will be able to accept these next-generation cryptocurrencies while behind-the-scenes, seamlessly and instantly settle of the purchase amount in the local fiat or digital currency of their choice. NetCents Technology removes all liability and merchant risk of cryptocurrency transactions.”

Source:NetCents

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