RocketFuel Blockchain Partners with PaymentCloud to Offer “Pay With Crypto” to its Merchants

15 of 20 Signed Merchants Already Live

San Francisco, CA, Sept. 13, 2022 (GLOBE NEWSWIRE) — RocketFuel Blockchain Inc. (OTCQB: RKFL) (“RocketFuel” or the “Company”), a global provider payment and infrastructure solutions for cryptocurrencies, including Bitcoin and other altcoins, and ACH bank transfers, is pleased to announce its partnership with merchant services provider PaymentCloud.

PaymentCloud strives to secure payment processing for all business types, including those in high-risk, low-risk, or simply hard-to-place industries. By utilizing a results-driven approach, PaymentCloud now enables its merchants to harness RocketFuel’s invoicing feature through which vendors and customers can pay bills and buy products and services using cryptocurrency.

Peter Jensen, Chief Executive Officer of RocketFuel, commented, “We are excited to work closely with PaymentCloud as they realize the benefits of utilizing blockchain technologies for e-Commerce payments and check-out solutions and our “Pay with Crypto” solution. PaymentCloud’s personalized approach sets it apart from other payment processors regarding its relationships with its merchants. In just a short time, we have already gone live with 15 of their 20 merchants that have signed. Our super-fast processing power, real-time payment options, and secure and stable transactions are a huge value-add to PaymentCloud merchants.”

Shawn Silver, Chief Executive Officer of PaymentCloud, stated, “We chose RocketFuel Blockchain for our cryptocurrency infrastructure payment solution as we always seek to offer our merchants new and innovative solutions keeping them ahead of the curve. It fits perfectly with PaymentCloud’s mission of supporting businesses weather the constantly changing payment landscape and setting their companies up for a faster, safer, and easier payment process. I look forward to accelerating the rollout of “Pay with Crypto” to our merchants.” For additional information on PaymentCloud’s crypto solutions, please visit http://paymentcloudinc.com/cryptocurrency/.

About RocketFuel Blockchain, Inc.
RocketFuel is a global payments solution company that provides online shoppers with a simple, easy-to-use, one-click checkout process that accepts payments with bank transfers, Bitcoin and 50+ cryptocurrencies. RocketFuel delivers a highly secure and efficient shopping cart experience with significantly low fees for merchants, along with the benefits of no chargebacks and no card declines. RocketFuel’s solutions focus on enhanced customer privacy protection eliminating the risk of a data breach while improving speed, security, and ease of use. Shoppers on RocketFuel powered online stores enjoy seamless check-out and forget the clunky cart paradigm of the past. RocketFuel merchants can implement new impulse buying schemes and generate new sales channels that are unavailable in other present-day e-commerce solutions. More information about RocketFuel is available at: www.RocketFuelBlockchain.com

Forward-Looking Statements Disclaimer:
The Company believes that this press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Terms such as “may,” “might,” “would,” “should,” “could,” “project,” “estimate,” “pro-forma,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future,” and terms of similar import (including the negative of any of these terms) may identify forward-looking statements. Such forward-looking statements, including but not limited to statements regarding the plans and objectives of management for future operations, are based on management’s current expectations and are subject to risks and uncertainties that could cause results to differ materially from the forward-looking statements. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the accuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, market acceptance of the company’s products and services; competition from existing products or new products that may emerge; the implementation of the company’s business model and strategic plans for its business and our products; estimates of the company’s future revenue, expenses, capital requirements and need for financing; current and future government regulations; and developments relating to the company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them. For further information on such risks and uncertainties, you are encouraged to review the Company’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K for the fiscal year ended March 31, 2022 and Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2022. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.

For more information, please contact:
Corporate:
contact@RocketFuelBlockchain.com

Investors:
Ben Yankowitz, CFO
b.yankowitz@RocketFuelBlockchain.com

ClearThink Investor Relations
nyc@clearthink.capital