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On4 Communications Inc licences payment technology prior to final merge


Tuesday, 6 May 2014 09:45am EDT 

On4 Communications Inc:Says it will proceed with licensing agreement with NetCents prior to final merge between the two companies.On4 has made substantive progress in reconciling company's debt to point where NetCents management wishes to move forward.During this period, NetCents has added platform enhancements that has improved platform scalability and is now able to provide white label payment processing solutions.Prior to final merger between two companies being finalized, On4 and NetCents will enter into licensing agreement that will allow On4 to begin utilizing NetCents payment processing platform and to fulfill on company's merchant/retailer obligations. 

Company Quote

0.0058
8.0E-4 +16.00%
25 Jul 2014