The Vancouver, Canada-based online payments processor NetCents is going bullish with strategic partnerships. The company which announced a partnership with BitStamp last week is again in the news with yet another partnership with Bitt Inc.
NetCents, in its effort to become a truly global company now has access to the Caribbean through Bitt Inc., which happens to be one of the leading digital currency exchange and a provider of bitcoin based services in the region. According to the latest press release by NetCents, the partnership with Bitt Inc. will offer the Canadian digital currency payments platform with access to additional digital currency options as well as an opportunity to expand its operations.
Bitt.com is also currently working on expanding its services to developing markets, providing them access to a wide range of cryptocurrency trading options. The company recently raised investments from OverStock ( NASDAQ: OSTK ), which it will be using to further build the digital currency ecosystem in the Caribbean. Currently, Bitt.com allows international traders to deposit and trade funds/digital assets on their platform. Other services include digital asset exchange, mobile wallet, remittance platform and merchant payment processing tools.
Bitt.com is also actively working with the Central Bank of Barbados . They have been instrumental in the development of the digital version of Barbadian Dollar on the bitcoin blockchain. Soon they intend to create digital currency versions of other fiat currencies in the Caribbean as well. Bitt.com’s expansion plans coincide with that of NetCents and every inch of market gained by Bitt.com will indirectly benefit NetCents in their aspiration to become a truly global company.
In a statement, the CEO and Founder of NetCents, Clayton Moore says, “This is a milestone for the Company and a great example of how two like-minded and innovative companies mutually benefit from working together. Bitt.com […]
