AtomicPay eliminates the involvement of a third-party processor, allowing merchants to accept payments directly from their customers in seconds, in a secure and trust-free environment.
AtomicPay founder, Benz Rif, said:
"The cryptocurrency itself is decentralized, but blockchain payment processors continued to be centralized, resulting in the same old problems with high processing costs, hidden costs, slow settlements, hacks, improper games, privacy issues and censorship."
The technology behind AtomicPay is designed to stop existing cryptocurrency payment gateways allowing merchants to have immediate ownership of funds, whenever a customer pays them. Hacking and censorship problems are becoming common in custodial and centralized blockchain solutions.
More recently, BitPay was hacked on November 2018 and Coinbase banned the account of the founder GAB in January 2019.
Unlike custody processors, AtomicPay does not store or hold any merchant funds. It is an entirely P2P payment solution, with the convenience and benefits of a payment processor. Benz said:
"If you do not own the private key, you do not own the cryptocurrency.AtomicPay does not have access to the merchant's private key and the money goes directly to the cold wallet."
This year, its founder predicts that cryptocurrency would be perceived less as a means of stored value and speculation. Instead, cryptocurrency would have been more used as a form of payment in daily transactions.
AtomicPay currently supports 156 fiat currencies and major cryptocurrencies including Bitcoin, Litecoin, Dash, Bitcoin Cash and more. The startup plans to integrate Stellar and Ethereum support by the second quarter of 2019. Its features include QuickPay, Point-of-Sale, PayURL, payment buttons, access control and open source plug-ins for eCommerce platforms. more widespread.
The startup also provides a well-documented RESTful API interface that allows developers and companies to integrate cryptocurrency payments into their back-end systems, websites, games, mobile applications, POS systems and endless imaginations. .
The non-custodial payment processor offers a flat-rate processing fee per transaction, with no hidden costs. Currently offers registration credits for new merchants to process transactions worth up to $ 1000 without cost. To register for a merchant account, visit their website at https://atomicpay.io
About AtomicPay
AtomicPay is a decentralized and unattended cryptocurrency payment processor that eliminates the involvement of a third-party payment gateway, allowing merchants to accept payments directly from their customers, in a secure and trust-free environment.
