PayBito provides Crypto Payment Gateway solutions to an Australian financial institution
Crypto Payment Gateway Solutions for an Australian Financial Institution
The crypto community has pushed for progressive regulations to enable a standardized framework for next-generation digital solutions. Adherence to government prescribed protocols increases the interaction between crypto service providers and consumers in both retail and corporate segments.
PALO ALTO, Calif. (PRWEB)
28 October 2022
Crypto payment processors are rapidly growing in prominence. Over 18,000 businesses accept digital asset payments, including giants from the domains of technology, automotive, fast food chains, insurance and more. International crypto exchange PayBito recently made a contribution to the growing Australian crypto community, offering its white-label crypto payment gateway to a major financial services institution.
The current global crypto market cap is USD 941 billion with daily transaction volumes exceeding USD 46 billion. The numbers are significant in the midst of a global recession and are expected to rise with the growing number of crypto users worldwide. Regulations put forward in the recent Australian Crypto Regulations Bill will enforce the protection of consumers’ assets, promoting further growth and innovation in a sector rightly called the “future of finance”.
PayBito CEO Raj Chowdhury, also a noted blockchain pioneer, stated: “The crypto community has been pushing for progressive regulations to enable a standardized framework for next-generation digital solutions. Adherence to government-mandated protocols increases the interaction between crypto service providers and consumers in both retail and business segments.”
PayBito’s white-labeled crypto payment gateway enables participants to offer payment processing services in digital assets and earn service provider commissions. The blockchain-powered product features the same upgrades and features seen in PayBito’s original crypto payment processor, Billbitcoins. The latest UI/UX updates provide an unrivaled service experience with an intuitive user-friendly interface. Additional features include zero chargebacks, cutting-edge security protocols, multi-feature integrations and an option to choose from multiple packages. The crypto payment processor also offers free conversion from crypto to fiat denominations for the first $1 million.
“The latest collaboration in Australia will drive a leap in crypto adoption. Crypto payment processors occupy a key position in cross-border payments and remittances. The growing global acceptance of digital asset payments will drive the digital revolution to greener pastures in the future,” concluded Chowdhury, who had previously called for upgrading infrastructure in crypto enforcement agencies and discussed the potential of metaverse-based brand marketing.
US-based PayBito is a global front-runner winning international awards and recognition in white label crypto exchange solutions. Products and solutions designed by PayBito have been distributed in more than 26 nations, including Sweden and Japan. More recently, PayBito has updated its crypto broker program and asset listing.
The Australian Securities and Investments Commission (ASIC) revealed that over 44% of Australian citizens have owned digital assets. Institutional investors and businesses planning to enter the digital crypto revolution can leverage white-label solutions for crypto payment gateways, exchanges, and other services to bypass setup, development, and compliance issues.
About PayBito:
PayBito is a leading cryptocurrency trading platform operating globally. The platform is designed and managed by a team with rich experience in banking security systems, cryptocurrency trading and blockchain technology. It is available in the web version as well as iOS and Android stores. PayBito services include white label cryptocurrency exchange, white-label payment gateway, exchange affiliate and coin listing. PayBito offers some of the best rates and top-notch security in the crypto world.
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