Thai Startup Atomicpay Launches Non-Custodial Crypto Payment Platform

Atomicpay, a Thai-registered payments startup, has officially launched its non-custodial cryptocurrency payment terminal for merchants throughout the world. Founder and developer Benz Rif said the platform, which supports BTC, BCH, LTC and other cryptos, eliminates the involvement of a third-party processor, allowing merchants to accept payments directly from their customers. A P2P Payment Solution With Payment Processor Benefits “Cryptocurrency itself is decentralized, but blockchain payment processors continue to be centralized,” Rif told news.Bitcoin.com on Jan. 12. “This resulted in the same old problems with high processing fees, hidden charges, slow settlements, hacks, foul play, privacy and censorship issues.” The technology behind Atomicpay allows shop owners to obtain immediate custody of funds whenever a user makes payment. The platform does not work as a financial custodian like Paypal or Bitpay, Rif said. From the start to the end of a payment, no funds will go through Atomicpay and neither does the…

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