Crypto Payments Firm CEO: Hacks, Scams, and Volatility Discourage Mass Adoption

AtomicPay’s CEO believes that scams and volatility are the primary things holding back public mass adoption of cryptocurrencies.

The Thailand-based company is a non-custodial crypto payment processor. They are one of the few crypto payment processors that facilitates payments for multiple cryptos without holding merchant funds in escrow and charging a fee before releasing funds. AtomicPay charges 0.9% at the end of every month that their service is used. Rather than demanding a percentage of every sale at the time the sale is settled, they issue a bill.

CEO Benz Rif tells CCN in a recent interview that they very much rely on an “honor system.” Importantly, he says they haven’t had any problems with people failing to pay fees.

Reference: https://www.ccn.com/crypto-payments-firm-ceo-hacks-scams-and-volatility-discourage-mass-adoption/

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