PayByte is a crypto payment processor that acts in a non-custodial fashion when merchants accept payments from their customers. In this scenario, funds go straight from a customer's wallet to the merchant's wallet, without any middlemen involved in the transaction. It's almost trustless!
PayByte's key competitive advantage is that it charges flat and fixed fees based on transaction volume, while all other processors charge percentage-based fees.
Paybyte doesn't need your Private Keys, by leveraging the power of the Blockchain, PayByte uses your XPUB (Extended Public Key) to generate addresses on your behalf that can be used just to watch incoming transactions. As a result, funds go directly to your wallet and in doing so eliminate middleman from the payment process.
Key features:
- Non-Custodial payments using HD/BIP-32 addresses generation.
- Segwit address schema fully supported.
- KYC/AML checks for customer and merchants security.
- Supported coins: Bitcoin, Bictoin Cash, Dash, Litecoin, Groestlcoin, BitCore, DigiByte, Bitcoin Gold and more!
In order to use PayByte For WooCommerce, you will need to create a Merchant account on PayByte and get an API KEY.
Just go to
https://paybyte.io to register as a merchant and get your API KEY.