TSXV: INLA | OTCQB:INLAF
VANCOUVER, Feb. 5, 2020 /CNW/ - Coincurve, a virtual
currency platform wholly owned and operated by TSXV-listed
Interlapse Technologies Corp. (TSXV: INLA / OTCQB:
INLAF), has launched Coincurve Direct, a merchant solution
product allowing merchants to sell Bitcoin and virtual currencies
online.
Rod Hsu, Chief Operating Officer
of Interlapse Technologies Corp. commented, "Coincurve
Direct expands our platform through fruitful partnerships with
new and existing businesses. Our mission to drive virtual currency
adoption is amplified through our merchant partnerships, allowing
business growth without additional marketing overhead."
Complimentary to this announcement, Coincurve Direct has now
on-boarded Localcoin, the largest Bitcoin ATM operator in
Canada with over 170+ easily
accessible ATMs across all major provinces and a recent expansion
into the United States. Coincurve
Direct enables Localcoin customers to buy
Bitcoins from the comfort of their homes instantly and
securely.
With a revenue share business model, Coincurve Direct is a
turnkey solution for merchants to sell virtual currencies through
their own websites, under their own branding, without the cost and
maintenance of developing their own technology or handling payment
processing. Merchant setup through Coincurve Direct is quick and
seamless, with features that include customizable user interface,
payment processing, proprietary back-office tools, and banking
solutions.
Jay Pandher, co-founder of
Localcoin, commented "Our partnership with Coincurve and
integration with Coincurve Direct has enabled Localcoin to expand
its reach beyond physical Bitcoin ATMs. It is another crucial step
to our goal of making cryptocurrency accessible for the every-day
user."
About Interlapse Technologies Corp.
Interlapse
Technologies Corp. is a FinTech applications company accelerating
the global mega trend of virtual currency adoption. Our signature
product coincurve.com enables a simple, safe way to buy and
spend Bitcoin and Bitcoin Cash. To learn more,
visit www.interlapse.com.
Interlapse currently has 25,025,644 shares outstanding
(27,675,644 fully diluted).
Neither TSX-V nor its Regulation Services Provider (as that term
is defined in the policies of the TSX-V) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Information
Statements contained in
this release that are not historical facts are forward-looking
statements that involve various risks and uncertainty affecting the
business of Interlapse. In making the forward-looking
statements, Interlapse has applied certain assumptions that are
based on information available, including Interlapse's strategic
plan for the near and mid-term. There can be no assurance that such
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. Interlapse does not undertake to
update any forward-looking information, except in accordance with
applicable securities laws.
Interlapse Technologies Corp., 885 West Georgia
Street, Vancouver, BC V6C 3E8,
Canada
SOURCE Interlapse Technologies Corp.