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Irish Chamber

2022 Finalist - PayXcrypto by Novatti

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Consultation
Irish Australian Business Awards Peoples Choice 2022
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My mission is to educate business owners on cryptocurrency and introduce them to the future of payments. Operating a business during the pandemic and currently in uncertain times has been difficult.

My vision is for every business to tap into a new trillion-dollar market, generate new revenue, and enable global growth. This involves each business being able to accept payment by cryptocurrency from over 150 million new potential customers but settling to their bank account in fiat/ Australian dollars. PayXcrypto is a payment gateway between the business and the wallet holder that replicates a "credit card like" transaction. It uses patented technology and is a secure way for a wallet holder to pay using their wallet on their cryptocurrency exchange without any cost.

This technology helps reduce fraud, identify anomalies, and identify suspicious activity. This removes the risk for a business that wants to accept cryptocurrency. It's seamless and simple for a business to accept cryptocurrency without having to manage cryptocurrency and settle in Australian dollars. All crypto exchanges and all the companies we onboard are subject to due diligence, including credit/anti-money laundering/ counter-terrorism financing/ sanctions, amongst others to create a safe ecosystem.

 


We have seen a significant behavioural change in how we pay online and face to face. Consumers have adopted new technology, and with the popularity of cryptocurrency and digital wallets, these are here to stay. I want to make sure every business is poised to capture this trend, gain new a customer base and help them scale globally.

 

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