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NetCents Technology adds two senior payment executives to advisory board

Published: 01:40 16 Jan 2019 AEDT

A bitcoin on a computer keyboard
NetCents Technology's initial cryptocurrency credit card program is open to Canadian residents who currently hold Bitcoin, Litecoin, Ether and Bitcoin Cash

NetCents Technology Inc (CSE:NC) (OTCMKTS:NTTCF) on Tuesday announced it has added payment industry veterans Eric Turille and Don Sieb to its advisory board.

"Eric and Don's extensive experience in the payment industry is unparalleled and they are a welcome addition to the NetCents team," said NetCents Technology CEO Clayton Moore.

READ: NetCents to beta launch crypto credit card program

NetCents opened up applications this month for the initial phase of its upcoming cryptocurrency credit card program.

This beta program is open to Canadian residents who hold Bitcoin, Litecoin, Ether and Bitcoin Cash. Users will need to sign up for a NetCents user account at  https://net-cents.com/credit-card-beta to be eligible.

The NetCents card will be able to be used where Visa is accepted at over 40 million merchants. Once the program has been introduced in Canada, Net Cents will launch the credit card to European cryptocurrency holders.

"The knowledge and connections that Eric and Don bring to the table will allow us to continue to disrupt payments and bring us one step closer to becoming the underlying technology for cryptocurrency payments," said Moore.

Eric Turille, is a 30-year veteran formerly with the First National Bank of Omaha. His experience in card issuing, merchant acquiring, and operations, compliance, and distribution will strengthen the company's ability to roll out its upcoming credit card program.

"The NetCents business model, financial technology, infrastructure, compliance, and strategic integrations are ripe for merchant and consumer adoption. I am excited to join the NetCents Advisory board to execute strategic distribution, product delivery, and unique customer acquisition models," said Turille.

Don Sieb, a 30-year payment industry expert and former executive at Ingenico and VeriFone, also brings his banking, finance, and payment processing experience to the NetCents leadership team.

"NetCents is positioned to positively impact merchant adoption and behavioral changes necessary to become a transactional currency with confidence at any online, mobile or merchant location," said Sieb.

NetCents is an online payment processing platform, offering consumers and merchants online services for managing electronic payments. The company is focused on capturing the migration from cash to digital currency by utilizing blockchain technology.

Contact Uttara Choudhury at uttara@proactiveinvestors.com

Follow her on Twitter@UttaraProactive 

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