- Virtual Crypto Technologies signs agreement with first commercial customer
- Company’s NetoBit Pay allows instantaneous cryptocurrency payments
- Israel-based Lincoln Billiards believes that cryptocurrency payments will give it an edge in entertainment industry
Virtual Crypto Technologies Inc. (OTCQB: VRCP), a company established to bring cryptocurrency transactions into the mainstream, has signed a deal that will allow Lincoln Billiards, Israel’s leading billiards club, to accept payments in bitcoin and other cryptocurrencies (http://nnw.fm/Ah6r3). This is the first commercial contract for Virtual Crypto, whose goal is to make cryptocurrencies more available to the public by combining application programming interfaces (API) and mobile applications to develop payment solutions that can be used in ATMs, PCs, tablets and other handheld devices.
Cryptocurrency transactions typically take from 10 minutes to 24 hours to confirm, which is a major drawback for consumers who want to use them in mainstream sales operations, since exchange rates will change over the course of a long transaction period. With Virtual Crypto’s proprietary NetoBit Pay technology, users can complete their cryptocurrency deals without waiting for the…
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]