CLIC Technology Begins Development and Testing of CLICPay Checkout In-Store Application
April 02 2019 - 9:30AM
InvestorsHub NewsWire
CLIC Technology Begins Development and Testing of
CLICPay
Checkout In-Store Application
South Florida fintech
Company's latest cryptocurrency app to help retailers process
blockchain payments expected to be released later this
year
Aventura,
Fl -- April 2, 2019 -- InvestorsHub NewsWire
-- CLIC
Technology, Inc. (OTC Pink:
CLCI) ("the
Company"), is looking to extend the benefits of their CLIC PAY
cryptocurrency platform beyond the web with a slate of new
applications to help brick-and-mortar merchants
quickly and securely process blockchain currency payments in their
stores. The Company's latest app,
CLICPay
Checkout, recently
entered its testing phase and is expected to be released later this
year.
CLIC Pay Checkout is an in-store application that
will provide both aspiring and established retailers a hassle-free
way to convert blockchain payments into local
cash within 24 hours securely. The release of the app will come at
an ideal time, as an increasing number of
commercial and governmental institutions around the world,
including Japan's bullet train rail system, are looking to accept
cryptocurrency as payment for goods and services.
"At CLIC, we strive to make products that level the playing field
in the best possible way for consumers and merchants alike," said
CLIC Technology CEO Roman Bond. "Our CLIC Pay Checkout system
quickly and securely processes payments in store so that it's
products and services that determine profit margins for business
owners, not the inability to access or afford key technology and
digital infrastructure."
Consumers
continue to flock
to alternative and mobile payment platforms like Square, Stripe,
and Coinbase
as businesses have improved the technology to make transactions
more secure. As a result, financial heavyweights
like
JPMorgan Chase and
Fidelity have moved quickly in 2019 to
create their own cryptocurrencies to meet the demand from
institutional investors, hedge fund managers,
and wealthy individuals.
CLIC Technology's cutting-edge cryptocurrency software provides
local merchants and entrepreneurs across the globe a bridge to the
over- $100 billion cryptocurrency market without the cost of
chargebacks and high fees. Current plans for CLICPay and CLIC Wallet include rolling
out the products in the United States in 2019, before expanding to
Canada, Japan, Australia, and the United Kingdom by
2020.
About CLIC Technology, Inc.:
The
Company, a "Financial
Technology" company, is the developer and marketer of new,
cutting-edge blockchain products and services. It has created a
revolutionary "crypto-payment gateway system" that allows consumers
to use cryptocurrency to make routine purchases online and
that
enables merchants to accept crypto payments and receive immediate
settlements in traditional fiat currencies. Market introduction of
the new crypto-payment gateway system and related services is
planned to occur in a phased rollout in the United States
and
other major markets in the coming months.
Safe Harbor Act: Forward-Looking
Statements are included within the meaning of Section 27A of the
Securities Act of 1933, and Section 21E of the Securities Exchange
Act of 1934, as amended. All statements regarding
our expected future financial position, results of operations, cash
flows, financing plans, business strategy, products and services,
competitive positions, growth opportunities, plans and objectives
of management for future operations, including
words
such as "anticipate," "if," "believe," "plan," "estimate,"
"expect," "intend," "may," "could," "should," "will," and similar
expressions are forward-looking statements and involve risks,
uncertainties, and contingencies, many of which are beyond our
control,
which may cause actual results, performance, or achievements to
differ materially from anticipated results, performance, or
achievements. We are under no obligation to (and expressly disclaim
any such obligation to) update or alter forward-looking
statements,
whether as a result of new information, future events, or
otherwise.
CONTACT:
CLIC
TECHNOLOGY, INC.
305-918-1202
###