Canada NewsWire
VANCOUVER, June 21, 2018
VANCOUVER, June 21, 2018 /CNW/ - GoverMedia Plus Canada Corp.
(CSE: MPLS) (FWB: 48G) (WKN: A2JF6W) ( " GoverMedia " or the " Company "), is
pleased to announce today that its wholly owned subsidiary, GoverMedia Plus LLC has finalized the development and integration of
a state of the art cryptocurrency payment processing technology within GoverMedia's ecosystem. The processing technology is
expected to be ready to market within the next few weeks.
(Logo: https://mma.prnewswire.com/media/648491/GoverMedia_Plus_Logo.jpg )
Through this software integration, GoverMedia will offer online merchants, i.e. its target enterprise customers, the
possibility to accept and process transactions in cryptocurrencies (primarily BTC and ETH) and FIAT currencies. As a transaction
is processed online, the processing technology will instantaneously convert the received cryptocurrency into FIAT, mitigating the
volatility risk of cryptocurrencies. Among other benefits, online merchants will receive post-transaction accounting and back
office reporting statements for all cryptocurrency related payments. In terms of monetization, GoverMedia intends to offer this
processing service as a Software-as-a-Service to online shops wishing to accept cryptocurrency payments on their respective
website. The cryptocurrency payment technology is fully compatible with the Company's ecosystem and requires no additional
development costs. The processing can be implemented within any payment system offered by commercial banks. All activities for
accepting and processing cryptocurrency payments within this offering will be in carried out in strict accordance with the
existing anti-money laundering and know your client law in the Russian Federation.
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SOURCE GoverMedia
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