RelayPay is a fintech startup that bridges the gap between traditional finance and digital currencies. The company has built proprietary software, including a crypto enabled payment gateway to solve interoperability problems between fiat rails and digital currencies such as Bitcoin, Ethereum and increasingly popular stablecoins.
RelayPay offers a suite of B2C and B2B products including Australia’s first crypto to cash ATM withdrawal solution, as well as a payment processor allowing merchants to receive crypto payments and settle in dollars.
RelayPay’s gateway is connected to regulated crypto exchange partners across the world, enabling the ability to scan order books in real time, acquire the best available spot rate and perform efficient transactions. By managing the end to end journey for both business and consumers we solve for speed, accessibility, volatility and for regulatory challenges.
The company offers a suite of B2C and B2B products including Australia’s first digital currency to cash ATM withdrawal solution, which will be rolled out at 1500+ locations nationwide and RelayPay will offer a digital currency payment processor, which will allow eCommerce merchants to receive crypto payments and settle in dollars. By leveraging its powerful gateway, RelayPay plans to build and roll out additional offerings including crypto-backed loans and digital currency mass payout solutions for global marketplaces.
RelayPay is registered with AUSTRAC and is in the process of getting an Australian Financial Services Licence (AFSL) and Australian Credit License (ACL) for the next wave of products. The Co-Founders have over 40 years combined experience in product, sales and software development for companies such as PayPal, Vodafone Group and Commonwealth Bank and have been in the Blockchain space since 2017.