The Sosure app is a brand new reward ecosystem designed to present members probably the most flexibility and worth when buying Know-how Inc () (O
The Sosure app is a brand new reward ecosystem designed to present members probably the most flexibility and worth when buying
Know-how Inc () (OTCQB:NTTCF), a cryptocurrency funds firm, introduced Wednesday that it has accomplished a partnership with Sosure Pty Ltd of Australia — which has developed a cost app that rewards customers for participation.
The app is a brand new reward ecosystem designed to present members probably the most flexibility and worth when buying. Associate retailers embrace eating places, stores, and on-line shops and members earn rewards that can be utilized throughout your entire community of individuals within the community.
NetCents stated Sosure has chosen Melbourne, Australia as the main focus of promoting efforts, and is now branching out into different markets throughout Australia. The platform is presently averaging 500,000 transactions per 30 days, with common transactions exceeding $20.
READ: NetCents Know-how joins Visa’s highly effective fintech quick monitor program
Sosure, whose platform is accepted by 450 retailers, additionally plans so as to add cryptocurrency as a cost methodology within the coming weeks, NetCents stated.
NetCents additionally stated its plans to extend its working footprint within the Australian market, the place cryptocurrency curiosity outpaces NetCents’ sturdy presence in North American.
“The creation of Bitcoin was spurred by a need to create transaction processes that streamlined digital commerce; we at NetCents have not overpassed that aim. Sosure has taken this a step additional by incentivizing client habits by means of rewards,” stated NetCents CEO Clayton Moore in an announcement.
“We imagine that the easiest way to speed up the adoption of cryptocurrency as a transactional medium is to reward customers for utilizing cryptocurrency to shut out a transaction as a substitute of utilizing fiat forex.”
NetCents stated it has added the Australian Greenback to the checklist of fiat currencies wherein it may possibly transact. It’s presently searching for further platforms throughout Europe and Asia to extend its working footprint.
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