AVENTURA, Fla., March 15, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- South Florida fintech company CLIC Technology, Inc. (OTC Pink: CLCI) (also known as "the Company"), announced today that it would be adding e-commerce software by Open Cart to its suite of innovative tools that would allow merchants to quickly process cryptocurrency into local cash via the Company's proprietary payment platform.
According to Open Cart, over 342,000 established and aspiring entrepreneurs use the customizable PHP-based online store management system to manage multiple online stores from a single back-end. The popular tool is a leader in a global, retail e-commerce software market that was valued at $4.2 billion in 2018 and is expected to reach $7.7 billion by the end of 2024.
"Speed and simplicity are two core corporate principals at CLIC Technology because we feel strongly that very little time or work should be wasted between consumers and merchants," said CLIC Technology CEO Roman Bond. "That's why we are so happy to be connecting audiences eager to explore the cryptocurrency markets with Open Cart. Like Open Cart, we believe that software should be simple to install and run, straight out of the box."
The new, cutting-edge crypto-payment platform won't come with the financial obstacles of chargebacks and high fees. It's described as a seamless, behind the scenes process that easily converts customer cryptocurrency sales into local currency in less than 24 hours.
"With now over $135 billion of spendable money currently existing in crypto accounts worldwide, there's very little reason to keep businesses from seizing the promise of cryptocurrency to pay for everyday goods and services securely," added Roman Bond. "A revolution that expands consumer purchasing power is almost here, and CLIC is ready with the innovative tools to serve it."
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.