NetCents, a cryptocurrency payments technology solutions provider, today announced that it has completed the technical integration of the NetCents Cryptocurrency Credit Card.
The implementation of the credit card program into the NetCents ecosystem, includes integration into user wallets, NC exchange, and instant settlements. The company has begun testing in real-world environments for edge-case scenarios; the final step before publicly launching the program.
Additionally, NetCents has already started the first merchant integration; which will enable merchants to allow their users to load their branded credit cards using cryptocurrency.
“Since starting this process, our relationship with Visa has evolved and expanded. We look forward to working with Visa, evolvingand driving these initiatives together. We consider it a privilege to support Visa in their effort to bring best-in-class products to the market.”
– Clayton Moore, CEO of NetCents
NetCents Cryptocurrency Credit Card
Unlike other prepaid cryptocurrency cards in the market; NetCents cardholders will not have to pre-load cryptocurrency onto their card. This eliminates any potential “lost” appreciation caused by rising cryptocurrency values between the time the user loads it and the time they spend it.
The NetCents Cryptocurrency Credit Card is tied directly into users’ NetCents wallets; allowing cardholders to spend the cryptocurrency in their wallets directly. Users will be able to select up to three cryptocurrencies that they would like to be able to spend on their card.
Upon launch, the card will be integrated into the NetCents mobile app. It will include a chip, pin, magstripe, plus NFC functionality.