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What Netcents’ 20th Partnership Agreement Means To Verge (XVG)

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What Netcents’ 20th Partnership Agreement Means To Verge (XVG)

Verge (XVG) and Netcents seems to be taking the same approach in dealing with adoption of cryptocurrency in the space, only that the latter is extending its tentacle farther than the former.

While is Verge (XVG) remains at the forefront of all Netcents’ crypto partners, the former stands the chances of gaining more from most of the latter’s partnership deal when compared to others.

However, the 20th partnership deal of the transactional hub for all cryptocurrency payments, Netcents, seems to be a mover and shaker for Verge (XVG) in the space.

Netcents, on February 28, 2019, announced its 20th partnership which featured the inking of a five-year ISO Reseller Agreement with a top-notch merchant service and POS terminal provider (MSP).

Basically, the partnership would have been leveled together with others which Netcents recently achieved, but MSP possesses enormous tentacles and use cases in the finTech industry.

MSP leverages Apple Pay and Android Pay partnership to execute transactions on Verifone, and GROOVV POS systems which offers users payment options like Discover, American Express, MasterCard, Apple Pay, VISA and now crypto. The GROOVV POS system is also EMV compliant.

As MSP begins the incorporation of NetCents merchant gateway and cryptocurrency credit card program into its services, the 252 Million users Apple Pay possess and Android Pay’s millions of users is sure a safe landing for MSP, and a redeemer for Netcents and the cryptos on its payment system especially Verge (XVG).

Another important milestone marked for Netcents and Verge (XVG) in the ISO deal is the fact that an enterprise-level merchant which MSP is trying to introduce NetCents cryptocurrency credit card program to has over 100,000 network of users.

While Verge (XVG) and Netcents are moving far and wide to achieve important partnership deals that will bring more crypto adoptions, the ISO contract signed will give both companies access to multitude of increasing merchants, millions of users and 100’s of ISO’s, among other intriguing benefits that will light the end of the tunnel for the two companies.

Lawal is a serial entrepreneur, a contributor to Arianna Huffington's Thrive Global , Oracle Times, Coin Gape and a host of other notable news publications. He delved into the blockchain industry due to his longtime love for finance and innovative technology. Lawal's contributions to entrepreneurship can not be overemphasized as he co-created a flourishing African news publication. He hopes to be a venture capitalist one day. Lawal is an unrepentant lover of Blockchain technology, a senior market analyst for Today's Gazette. Contact: lawal.khalid@todaysgazette.com

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