ByteFederal Australia, in strategic partnership with ByteFederal Inc., has announced the national launch of ByteConnect, a fully integrated, Bitcoin-enabled payment terminal and online payment gateway designed to help Australian merchants accept cryptocurrency payments within a robust compliance and operational framework. The launch represents a major step forward in bringing practical, regulated digital asset payments into everyday commerce across Australia.
ByteConnect is being rolled out under the ASIC Enhanced Regulatory Sandbox, allowing ByteFederal Australia to operate the platform within clearly defined regulatory parameters. Built with regulatory alignment at its core, the solution is designed to balance innovation with compliance while delivering a seamless payment experience for both merchants and customers.
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Ace Gorgievski, Head of Operations at ByteFederal Australia, said the launch marks a significant milestone for Australia’s digital asset ecosystem. He noted that ByteConnect provides merchants with next-generation payment infrastructure that expands payment choice, improves operational efficiency, and enables the use of digital assets in line with applicable regulatory requirements.
ByteConnect supports Bitcoin payments via both **Bitcoin on-chain transactions and the Lightning Network, enabling faster settlement, lower transaction costs, and greater scalability. The platform is built for real-world commerce across a wide range of transaction values, making it suitable for everyday retail payments as well as higher-value use cases.
While initially designed for retail and hospitality environments, ByteConnect also functions as a proprietary crypto payment gateway capable of supporting digital asset payments across sectors such as property, automotive, luxury goods, and professional services. These use cases are supported by structured customer due diligence, transaction monitoring, and risk control frameworks to ensure responsible adoption.
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The platform includes an integrated merchant dashboard offering real-time reporting, transaction analytics, and operational visibility. A structured merchant onboarding process further supports compliance requirements, including AML and CTF controls, giving businesses confidence as they integrate digital asset payments into their operations.
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The national launch of ByteConnect reinforces ByteFederal Australia’s position as a provider of regulated digital asset infrastructure, supporting responsible innovation and the practical adoption of crypto payments as Australia’s regulatory environment continues to evolve.
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