December 18, 2017
NetCents announces first phase of integration with Aliant Payments complete
VANCOUVER -- NetCents Technology Inc. is pleased to announce that the first phase of integration into Aliant Payment Systems (Aliant) has now been completed.
NetCents and Aliant have entered into an exclusive five (5) year revenue sharing agreement that will see Aliant offering a white-labelled NetCents cryptocurrency processing solution to their network of 7,000 US-based merchants. The NetCents platform will be the underlying technology that processes all of Aliant's cryptocurrency transactions.
The first phase of the integration involved setting up the Aliant environment to work with the NetCents cryptocurrency merchant gateway along with the development of requested custom built feature sets. Currently, the Company is finalizing the live environment testing phase to ensure that the system runs seamlessly when the platform is deployed.
"The first phase of the integration is now complete and we are now testing in a live environment," said Mehdi Mehrtash, CTO of NetCents Technology. "The integration process has gone very smoothly, and we are a couple of weeks ahead of our planned implementation and rollout schedule."
Once testing in the live environment is completed, the project will move into the final testing and integration stage prior to the service going live across the Aliant merchant network. NetCents anticipates that live transactions will commence before the New Year.
"This is just the first of several major partnership implementations in the first quarter of 2018," added Clayton Moore. "In addition to the Aliant Merchant Network, we are rolling out our merchant gateway integrations with the Flexepin and Poynt Smart Terminals merchant networks. These merchant networks give NetCents multiple points of distribution over the coming years and brings us one step closer to becoming the next-generation blockchain financial company in 2018."
Once the Aliant cryptocurrency processing solution has been fully deployed, NetCents will begin working on the second stage of the agreement that will see the NetCents Coin integrated into the settlement options. Allowing the Aliant merchant network to automatically accept the NetCents Coin as tender for online purchases.