Newnote Financial Enters into Strategic Partnership with Net-Cents to Enable Clients to Instantly Convert Crypto Currency to ...
September 11 2014 - 9:30AM
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:
Paul Dickson
President, CEO & Director
Newnote Financial Corp.
Suite 709-700 West Pender Street
Vancouver, BC V6C 1G8
direct: 604-229-0840
fax: 604-685-3833
web: www.newnote.com
Forward-Looking Information:
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.
The CSE has not reviewed, approved or disapproved the content of
this press release.
Newnote Financial Corp.Paul Dickson, 604-229-0840President, CEO
& Directorfax: 604-685-3833www.newnote.com
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