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CLIC Technology Plugin to Allows Drupal Websites to Easily Convert Cryptocurrency Into Local Cash

1164 Days ago

South Florida-based fintech company continues to make it easier for merchants to tap over $100 billion dollar cryptocurrency market

AVENTURA, Fla., March 19, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Entrepreneurs and other online retailers with Drupal-based online stores will soon be able to quickly process blockchain currency like Bitcoin with payment software created by CLIC Technology, Inc. (OTC Pink: CLCI) (also known as "the Company"). According to the South Florida fintech company, a soon-to-be completed plugin will allow users of the venerable content management system to seamlessly interface with its recently acquired proprietary payment platform. The cutting-edge software will enable these merchants to receive payments in their local currency within 24-hours without the costs of chargebacks and high fees.

Drupal's customizable open-source framework is used to power hundreds of thousands of websites and applications around the world, from organizations and educational institutions like Amnesty International and the University of Oxford to media companies like NBC and the BBC.

"At CLIC, we are committed to building powerfully scalable and secure tools that will make it easier for both the established merchant and the aspiring entrepreneur to not just make a living, but to also have the finances to make a real change in their lives," said CLIC Technology CEO Roman Bond. "Being able to provide the diverse community of Drupal enthusiasts around the world a way to easily tap the cryptocurrency market, while adhering to anti-money laundering (AML) laws and regulations in the United States and other jurisdictions - is not just a financial incentive for our company, it's a moral obligation."

According to the non-profit that oversees the CMS, many fintech and ecommerce companies find Drupal essential in creating a robust analytics-and-data infrastructure. At a time when consumers are increasingly looking beyond traditional forms of payment for mobile solutions, the API's of the innovative, open-source platform allow retailers and digital marketers to scale a comprehensive data ecosystem while mitigating risk.

"As more consumers and large institutions explore digital currency as a quicker, more secure way to complete financial transactions, it's important that businesses of all sizes have the ability to build their future on this market that is now worth over 100 billion dollars," added Roman Bond.

About CLIC Technology, Inc.:

The Company, a "Financial Technology" company, is the developer and marketer of new, cutting-edge blockchain products and services. It has created a revolutionary "crypto-payment gateway system" that allows consumers to use cryptocurrency to make routine purchases online and that enables merchants to accept crypto payments and receive immediate settlements in traditional fiat currencies. Market introduction of the new crypto-payment gateway system and related services is planned to occur in a phased rollout in the United States and other major markets in the coming months.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events, or otherwise.




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