Popular e-commerce plugin is the latest integrated tool to help merchants tap into $100 billion-plus cryptocurrency market
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.
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CLIC TECHNOLOGY, INC.