CLIC Technology, Inc. (OTC Pink: CLCI) is a fintech company focused on developing blockchain-based payments and services. Shares of the financial technology company surged 45.07%, during trading on Thursday, June 6, 2019. Over the past month, CLIC Technology has seen average daily volume of 19,945 shares. However, volume of 333,338 shares or dollar volume of $72,534, exchanged hands during trading on Thursday.
Shares of CLIC Technology rallied on Thursday after the company announced LeafyQuick CBD Delivery Service has registered for the company’s ClicPay online payment gateway pilot program. The gateway is a cryptocurrency-based platform that allows merchants to accept crypto payments and conveniently convert into fiat currency. The goal of the service is to help cannabis companies with being able to accept digital payments and provide an alternative to what has been a strictly cash-only industry in the United States. “We are extremely excited to be working with LeafyQuick, and to be able to help move the CBD industry forward,” said CLIC Technology CEO Roman Bond. “Turning cryptocurrency into everyday fiat is going to be a game-changer for many in the industry.” Here is the full press release detailing off the announcement:
CLIC Technology, Inc. Press Release:
AVENTURA, Fla.–(BUSINESS WIRE)– CLIC Technology, Inc. (OTC Pink: CLCI) (“the Company”) is lending its much-needed services to the emerging cannabis and CBD industries, joining forces with Chicago’s LeafyQuick CBD Delivery Service (“LeafyQuick”). LeafyQuick has opted to register for the Company’s ClicPay online payment gateway pilot program, a revolutionary cryptocurrency platform for merchants that will accept blockchain payments and convert them into local currency securely, all within 24 hours. The program is a step towards the future for companies like LeafyQuick, allowing them to sidestep burdensome regulations imposed by payment processors over an industry which experts predict will soon be worth upwards of $20 billion.
LeafyQuick is an expanding new CBD product delivery company out of Chicago that works with highly-trusted CBD brands and local retailers to curate carefully selected products that meet the highest standards. Users can explore a wide selection, check availability, and compare prices and reviews before having it delivered to their doorstep, all from the comfort of their home at an affordable price.
The ClicPay Merchant Gateway will offer LeafyQuick and others like them a quick setup with simple integration, an option that gives the whole CBD industry the capability to begin accepting cryptocurrency payments instantly.
“CBD and Cannabis are highly discriminated against, which makes finding payment processors very challenging and expensive,” said LeafyQuick Co-Founder Michael Reznik. “ClicPay allows us to break down these unnecessary barriers so we can get back to the business of doing what we do best, which is serving our customers.”
On top of the benefits of integrating cryptocurrencies into an everyday business model, merchants should take note, as some analysts predict that Bitcoin could reach an all-time high within the next six months.
“We are extremely excited to be working with LeafyQuick, and to be able to help move the CBD industry forward,” said CLIC Technology CEO Roman Bond. “Turning cryptocurrency into everyday fiat is going to be a game-changer for many in the industry.”
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.
LeafyQuick is an online ordering and delivery platform that helps provide legal access to CBD and Endocannabinoid products. Consumers can explore, review, purchase carefully selected products that meet the highest standards and schedule recurring or even same day delivery. LeafyQuick also works with retailers, distributors and manufacturers to provide a technology-enabled distribution channel to help expand their businesses and brand. Empower businesses to reach consumers that want the convenience of online shopping but the service of a neighborhood store.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events, or otherwise.