- Business
- NetCents Technology Inc. NetCents Technology Inc. operates as a cryptocurrency payment gateway and processing platform, enabling merchants to accept digital asset payments such as Bitcoin, Ethereum, and stablecoins while guaranteeing fiat settlements in local currencies to mitigate volatility risks. The company offers a comprehensive suite of services including e-commerce and in-store payment integrations via shopping cart plugins, hosted payment pages, APIs, POS terminals, and mobile apps for iOS and Android; instant settlements with zero blockchain confirmations and AI-driven transaction validation; asset management systems; full KYC/AML compliance and source-of-funds tracking; invoicing capabilities; and price protection guarantees delivered directly to bank accounts via ACH in 33 fiat currencies across 55 countries. Founded in 2014 and headquartered in Vancouver, Canada, NetCents Technology Inc. targets corporations, SMEs, startups, web3/blockchain firms, and financial institutions globally, primarily in Canada and Europe, as a registered Money Services Business with FINTRAC. Recent developments include a January 2024 partnership with Worldpay to accelerate digital asset adoption; the closure of its cryptocurrency exchange in January 2023 to streamline focus on high-revenue merchant processing; significant revenue growth and expansion to 48 countries by December 2023; platform advancements in October 2022 for scalability, DeFi integration, and over 25% capacity optimization supporting up to 1,000 cryptocurrencies; and the February 2025 appointment of Jason Dukowski as President following the passing of founder Clayton Moore.