Payment Firm Netcents Finalized Pilot Phase In Preparation Of Deployment For Crypto Credit Card

By Jenny Aurora | March 23, 2020

Canada-based crypto payment firm – NetCents – has reportedly finalized the integration work for the consumer credit card service into its self-developed network. 

Specifically, NetCents revealed that the edge-case scenario pilot phase for environments in the real world has been previously initiated, so as to get the card ready for official deployment. 

The NetCents credit card reportedly free the clients from the task of pre-loading crypto coins onto their cards, which helped it stand out from the market filled with likewise products. 

Cards that need to be pre-loaded may from time to time do not offer the exact crypto value appreciation, customers are supposed to receive, in the process of loading digital coins and use them for different activities. 

The NetCents is directly connected with each wallet, offering crypto-enabled purchases in a real-time manner. The instant settlement feature has also been utilized to enable crypto-fiat conversion at the moment the transaction is finalized. 

The Visa network has been chosen as the primary platform to support the deployment of the credit card generation. The card will reportedly come with a chip, pin, magstripe, and near-field communication tech. The technology will be available on the mobile-based platforms. 

Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH) and Litecoin (LTC) are all listed as available crypto coins facilitated, and clients can select a maximum of 3 coins per activity. 

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