VANCOUVER, British Columbia, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Netcoins Holdings Inc. (“NETC” or the "Company") (CSE: NETC) (OTC: GARLF) (WKN: 1WJ) is pleased to announce that it has partnered with Simplex to enable credit card payments for crypto purchases, effective immediately. Netcoins currently allows users to purchase crypto through its retail network, pre-paid vouchers and online with account funds (done via bank transfers, bill payments, or wires). This partnership with Simplex adds yet another payment method for users to select. New and existing Netcoins customers can now purchase crypto directly with their credit cards at Netcoins.app.

Simplex is a licensed financial institution that provides an online fraud-free payment processing solution. Simplex enables merchants worldwide to accept credit card payments with zero exposure to chargeback risk.

“We continue to work hard at making crypto more accessible to the mainstream public. Netcoins is uniquely positioned to service all levels of crypto traders, whether they are someone who prefers a familiar retail setting, or someone who wants a seamless online experience,” said Netcoins CEO Mark Binns. “We are thrilled to be working with Simplex to enable credit card payments, and a fast and secure way for our users to purchase crypto via our portal.”

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 171,000+ retail locations globally, a self-serve crypto purchase portal and an Over-The-Counter (OTC) trading desk.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Binns”

Mark Binns
CEO and Director

For Investor Relations Inquiries please contact Netcoins at 778.785.1175 or email ir@gonetcoins.com.

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information
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.