Company continues to build additional merchant tools into its innovative payment processing platform
AVENTURA, Fla., March 14, 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 its team of software engineers is finalizing cutting-edge software that would allow Shopify retail owners to quickly process cryptocurrency into local cash via the Company's proprietary payment platform.
The planned Shopify widget would open up an additional stream of revenue to the more than 800,000 merchants who sell their goods and services via the Canadian-based e-commerce platform. Shopify owners made $100 billion of sales in 2018, with developers and agencies making over $800 million dollars in revenues from the company's app store.
"Shopify has successfully raised its game above the competition precisely because it has made it easy for everyday dreamers to design, launch, and manage their online businesses across multiple sales channels. Our planned Shopify widget is just another way to simplify the average entrepreneur's path to success," said CLIC Technology CEO Roman Bond. "Providing merchants with a quick and seamless 'behind-the-scenes' process helps easily convert customer payments in cryptocurrency, allowing them to have real money that they can use real easy, in real time."
Roman Bond added, "CLIC is dedicated to serving the millions of hardworking entrepreneurs who are demanding easy-to-use tools to satisfy customer demands and tap into the over $134 billion of spendable money that currently exists in crypto accounts worldwide. By using our technology, merchants will be able to settle customer accounts paid in Bitcoin, Ethereum, and Litecoin in their local fiat currency in less than 24-hours without the cost of chargebacks and high fees."
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.