GAR Limited d/b/a/ Netcoins (“NETC” or the “Company“) (CSE:NETC) is pleased to announce that it has expanded its relationship with Flexepin and launched in Cyprus, Greece and Romania. Flexepin is now available at 900 locations in Cyprus, 1,800 locations in Greece and 5,500 shops in Romania. These locations are in addition to the current Flexepin distribution to 3,500 stores in Canada and 7,500 in Australia, resulting in an aggregate of over 19,000 locations.
The Flexepin system allows a consumer or investor to buy a voucher at retail partner locations, such as convenience stores and gas stations, and redeem the voucher via Netcoins for Bitcoin.
“As we continue on our mission to bring crypto to the masses, it is great to open up Europe to a much wider buying audience for Netcoins with Flexepin,” said Netcoins CEO, Mark Binns. “Step-by-step, we are giving more people around the world an easy way to buy cryptocurrency from physical locations near them with trusted retailers.”
About the Company
The Company is in the business of developing software to better facilitate the purchase and sale of bitcoin for end-users. Netcoins enables the sale of bitcoin through its software at retail outlets, through individual agents and directly to clients purchasing and selling in large quantities.