Netcents and VISA Team up to Offer Bitcoin Purchases via Credit Card

Netcents are a wallet service provider and payment processor that offers cryptocurrency products to businesses and private individuals. The announcement comes just months after a similar partnership was established with Mastercard. Netcents are based in Vancouver, Canada, but provides depositing services to 194 countries. Netcents is registered as a Money Services Business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

Netcents and VISA Team up to Allow Bitcoin Purchases

The partnerships with Visa and Mastercard allow Netcents to be one of the most streamlined services for purchasing cryptocurrency with fiat currency via credit card. The partnership has particularly positive ramifications for Netcents’ woocommerce payment processing plugin, which provides online merchants the ability to accept all fiat currency credit card payments in addition to bitcoin and ethereum payments

Although Netcents’ services offer one of the easiest options for a cryptocurrency beginner making their first purchases in the bitcoin markets, some cryptocurrency enthusiasts are arguing that integration between bitcoin businesses and major financial institutions such a Visa or Mastercard undermine many of the core values that underpin cryptocurrency.

https://news.bitcoin.com/netcents-and-visa-team-up-to-offer-bitcoin-purchases-via-credit-card/