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ByteFederal Australia launches Bitcoin payment system ByteConnect, approved by ASIC, enabling secure, low-cost crypto payments via on-chain Bitcoin and Lightning Network for merchants across key industries.
ByteFederal Australia has launched ByteConnect, a Bitcoin-enabled payment system approved under ASIC’s Enhanced Regulatory Sandbox, allowing merchants to accept crypto payments via on-chain Bitcoin and the Lightning Network.
The platform includes compliance features like AML and counter-terrorism financing controls, real-time monitoring, and a merchant dashboard with analytics and onboarding support.
Targeting retail, hospitality, property, automotive, luxury goods, and professional services, ByteConnect aims to expand secure, low-cost digital payment options while aligning with Australia’s regulatory framework.
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ByteFederal Australia lanza el sistema de pago de Bitcoin ByteConnect, aprobado por ASIC, que permite pagos criptográficos seguros y de bajo costo a través de Bitcoin on-chain y Lightning Network para comerciantes en industrias clave.