Press release
BlockATM Crypto Payment Gateway Unveils Major Upgrade: Empowering Global Merchants to Join the Crypto Payment Ecosystem
After two years of successful operation, BlockATM, a decentralized crypto payment gateway, has announced a comprehensive upgrade designed to enhance its system architecture and user experience.Built on blockchain smart contract technology, BlockATM enables businesses to accept cryptocurrency payments while maintaining full control over their assets through self-deployed contracts. Merchants can simply authorize a wallet to create a payment-receiving contract, link it to a checkout interface, and start accepting crypto payments from various wallets seamlessly.
"The inspiration for BlockATM came three years ago when I kept hearing about industry partners losing funds due to misdirected transactions or hacks," recalled Patric Young, CEO and founder of BlockATM. "Our vision is to provide businesses with a secure, trustless crypto payment solution that eliminates intermediaries and puts asset custody back in their hands."
Since launching its payment contract feature in 2023, BlockATM has powered countless merchants in adopting crypto payments with zero barriers. The complexity of blockchain technology and Bitcoin's volatility once deterred many businesses, but BlockATM prioritizes user experience by streamlining the process. With a single code snippet for integration and support for major stablecoins-eliminating the need for native blockchain tokens-the platform has significantly lowered the entry barrier.
"Despite the positive feedback, we've never stopped looking for ways to improve," said Harper Wilson, COO of BlockATM. "After two years of R&D and testing, we've rolled out this upgrade, focusing on system optimization and enhanced security for both receiving and sending payments."
The upgraded BlockATM offers even greater convenience for businesses. Its checkout interface supports linking multiple receiving contracts across different networks. A standout feature is batch payments-users can process up to 1,000 transactions in a single batch, confirmed via wallet signature, reducing network fees by up to 70% compared to individual transactions.
"While we've upgraded the system, our fees remain competitive-in fact, they're still below market rates," Wilson added. "BlockATM's pricing is transparent: just $2 per transaction for receiving (wallet-connected payments) and $1 for sending."
By relentlessly prioritizing user experience, BlockATM has carved out a unique position in the crypto payment gateway space. The platform has already attracted notable investors and is expanding its footprint in global crypto payment markets.
Contact person: Fiona Lam
Email: social@blockatm.net
Phone: +65623635358
Address: Cross Street #11-00 Pwc Building
Website: https://blockatm.net/en-US
BlockATM is a decentralized payment gateway powered by blockchain smart contracts. It redefines traditional payment models by removing centralized intermediaries, allowing businesses to retain full asset control with 100% security.
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