Loading, Please Wait...
AVENTURA, Fla., March 18, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- South Florida fintech company CLIC Technology, Inc. (OTC Pink: CLCI) (also known as "the Company"), added the popular Woo Commerce merchant plugin to its recently acquired proprietary payment platform, to allow for more businesses to quickly process cryptocurrency into local cash. Woo Commerce is touted as "an open-source, completely customizable e-commerce platform for entrepreneurs worldwide." It's the internet's most popular e-commerce plugin, with over 55 million downloads and 2.2 million website installations globally.
"We are proud to give aspiring and established entrepreneurs the software that they need not just to be competitive, but overwhelmingly succeed in today's fast-paced world of business," said CLIC Technology CEO Roman Bond. "Connecting them to a growing $100 billion-plus market not only strengthens local economies, but it also gives consumers greater power to shop for the goods and services that they demand securely."
CLIC Technology's new, cutting-edge crypto-payment platform for both e-commerce and stores will enable individual entrepreneurs and large corporations to attract new customers and receive payments in their local currency within 24-hours without the costs of chargebacks and high fees. The Company's new software comes as both large banks and wealthy consumers explore digital currency as a quicker, more secure way of completing financial transactions.
Financial institutions and investors have been particularly emboldened to invest in the growing market by the performance of companies like mobile payments firm Square, which raked in more than $166 million of Bitcoin revenue in 2018 alone.
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.