Stocks in play: NetCents Technology Inc.

Announced that it continues to grow its international merchant base and has begun inroads to new merchant industries, notably Business to Business (B2B). The Company has experienced a rapid geographic diversification of its merchant base in 2020 when compared to 2019. In 2019, 27% of the Company's merchants were located outside of the United States compared to 67% in 2020 with 81% of new merchants using the merchant gateway located internationally. NetCents has enjoyed a jump in the overall transaction value as the average value of a transaction for these B2B merchants is $25,000 vs. $111. The Company's average transaction size is now $300, a nearly 300% increase over the same period in 2019. 4.4% of the Company's transactions exceed $500 and nearly 1% exceed $5,000. The Company expects these numbers to continue to increase as, on average, there is a new B2B merchant added to the platform every other day. NetCents Technology Inc. shares C.NC are trading down 8 cents at $1.17.

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