Netcoins Signs Definitive Agreement with Voucher Partner to add 150,000+ New Locations in 65 Countries; Launching this Fall
September 16, 2018
Netcoins Holdings Inc. (Formerly Gar Limited) (“NETC” or the “Company“) (CSE: NETC) (OTC: GARLF) is pleased to announce that it has signed a definitive agreement with a global voucher partner which will expand the Netcoins outreach to over 171,000 retail locations in over 65 countries across 6 continents. Integrating the platform with Netcoins is expected to be complete by November 2018.
Cash vouchers enable the purchasing of cryptocurrency with ease and security via Netcoins. Given our partner’s footprint, over 1 billion people now have access to cash vouchers and to date, they have been responsible for over 40 million payments placed safely. Their offering also includes a digital wallet which enables customers to purchase vouchers online via credit card, which will then be redeemable via Netcoins for cryptocurrency.
“We are thrilled to be expanding our footprint yet again. This expansion adds significant value to our network of already listed coins, while making the purchase of crypto even that much more accessible globally,“ said Netcoins CEO Mark Binns. “This means roughly a 7x increase in our retail footprint which opens the door for people to purchase crypto in a whole new way that is simple and secure. This also further increases the edge that Netcoins offers to companies looking to list their coin for purchase in a retail environment in exchange for fiat.”
About the Company
The Company is in the business of developing software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor through brokerage services. Netcoins enables crypto transactions via 21,000+ retail locations globally and an Over-The-Counter (OTC) trading desk.
ON BEHALF OF THE BOARD OF DIRECTORS
CEO and Director
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This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company’s current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.