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AVENTURA, Fla., March 25, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- In addition to increasing the number of e-commerce platforms that can utilize its new cutting-edge cryptocurrency payment processing platform, CLIC Technology, Inc. (OTC Pink:CLCI) ("the Company") is also in the process of testing and rolling out a web wallet that will make it easier for consumers to utilize and replenish cryptocurrency for purchases.
CLIC Wallet will allow users to store, send, and receive crypto funds instantly when making purchases or receiving settlements when a merchant's system is integrated with the company's crypto-payment processor. When completed, consumers will have a more natural way to tap into and replenish their wallets to pay for everyday items by buying and selling currency like Bitcoin directly from the CLIC Wallet.
Experts forecast the web wallet market to grow from over $100 billion in 2017 to $250 billion by 2024.
"Speed and security are not just what consumers demand; it's what companies need to close sales, increase revenues and keep shareholders happy," said CLIC Technology CEO Roman Bond. "Both our crypto-payment processor and CLIC Wallet will unlock additional revenue potential for businesses providing both the merchant and consumer with trusted tools in making seamless everyday transactions."
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.
CLIC TECHNOLOGY, INC.