RelayPay offers Australia’s first digital currency payments platform that allows digital currency holders to seamlessly shop online, pay a bill, or perform a bank transfer using their crypto wealth with just one click. RelayPay leverages Australia’s new banking rails (NPP) and settles in minutes. The platform enables digital currency holders to bypass traditional digital currency exchanges and avoid the friction, complexity, waiting times, and risk that come with them.
RelayPay taps into crypto-fiat exchanges globally with a combined trading volume of ~US$3 trillion. It settles with merchants within 24 hours in local cash currency, at significantly lower exchange rates, and with no risk of purchasing fraud or chargeback. Merchants also have no exposure to crypto volatility and don’t have to deal with any crypto-related tech.