NetCents announces merchant deal with Surge365 to expand travel industry reach of cryptocurrency

NetCents Technology Inc (CSE:NC) (OTCMKTS:NTTCF) said Thursday that it has signed a merchant agreement with Surge365 LLC to expand its travel industry reach.

The integration of the NetCents Merchant Gateway allows the Surge365 platform to accept and process international membership subscription transactions in cryptocurrency, according to NetCents.

In addition, Surge365 will work towards offering cryptocurrency as a payout option for company residuals and bonuses ranging from $1,000 to $1 million.

READ: NetCents launches Crypto Banking Stack to facilitate cryptocurrency banking

Based in Glen Carbon, Illinois, the network marketing company gives members access to hundreds of thousands of hotels, resorts, cruises and all-inclusive resorts around the globe.

It offers training and memberships for individuals to build their own home-based businesses by providing members with the tools required to act as an individual travel agency with custom-branded sales portals.

“The agreement with NetCents allows us to differentiate ourselves from the others by offering the future-forward cryptocurrency payment option and by tapping into the undeniably huge crypto market space,” Surge365 Duane Vancil CEO said in a statement.

Shares of Netcents traded at C$1.20 in Wednesday’s Canadian trading. They fetched US$0.87 on the OTC Markets.

Contact Dennis Fitzgerald at [email protected]

Story by ProactiveInvestors