‘CMMPay’, which is a London-based non-custodial and peer-to-peer cryptocurrency payments solution, officially announced its Beta version of platform to accept Bitcoin and other cryptocurrencies as part of their existing e-commerce set up.
Absolutely clinching the concept of ‘Your keys, your crypto’, the service includes an online merchants application and a web wallet. The new platform enables e-commerce merchants to accept Bitcoin (BTC), Commercium (CMM) and other cryptocurrencies directly without the use of a third-party custodian.
Furthermore, there wouldn’t be any lengthy KYC and AML requirements as the concept is entirely peer-to-peer based (customer - merchant), and the validation may require less than ten minutes.
The company’s CEO, Anthony Scott Clark, commented: “We are looking forward to the technological tasks and challenges which a universal payment system brings. Envisioning decentralized strategies and resources which can encompass the strong demand and bring new solutions to the modern payment ecosystem.”