Chorus Pay has announced a licensing agreement with NetCents Technology, meaning that Chorus now has the right to use the NetCents processing platform to process transactions in the betting and gaming industry.
Chorus Pay is the first digital wallet exclusively designed for the betting and gaming industry. Chorus will leverage their experience and expertise in the industry to deliver payment solutions whilst providing a satisfying customer experience. Chorus will use both proprietary and licensed IP to deliver payment solutions for the gaming sector.
Letters of intent have been signed with several industry-leading companies, allowing Chorus to kick off a number of integrations that will be announced in the next couple months.
Anthony Taylor, CEO of Chorus Pay, said: “The betting and gaming industry is moving to digital payments and we needed a solution that was advanced and adaptable; as well as partnering with someone who really understood digital currency. NetCents was a great fit for that. Chorus strongly believes the NetCents platform is uniquely qualified to seamlessly handle all forms of transactions from flat to digital currencies and most importantly Bitcoin and Ethereum. This will allow us to execute our vision to alter the way payments are currently processed within the industry.”
Clayton Moore, CEO of Net Cents, added: “This agreement with Chorus is a perfect fit for us. This agreement will allow the company’s platform to be utilised in a specific market sector that currently process an estimated 1.5 billion transactions per year valued in excess of $46 billion.
“With NetCents industry leading technology, Chorus will be able to deliver an innovative, reliable and secure platform to merchants and consumers alike. All of the above coupled with exceptional customer service being at the forefront of our minds means we are looking forward to our launch.”