For those who are watching ‘The Daily Decrypt’ it probably sounds familiar. An open source payment processor which doesn’t hold your funds, so no personal information required, no approvals or KYC/AML. Sounds good.
I dived a bit deeper and found out that the underlying software to process payments is opensource and free to use and wondered if this can be used for NuBits. Unfortunately it is based on Bitcoin, so any dev with a bit of spare time and willing to update it to NuBits is more than welcome
I think it would be an awesome offering from NuNet to offer this kind of software to merchants interested in accepting NuBits without all the cost and overheads of payment processors. Even just as a repository. An even better option would be to host this server as a service and sell it as a service integration with e.g. NuDroid like Mycelium does. Anyone up for it?
Here is the main repository including the instructions on how to set it up: https://github.com/MyceliumGear/straight-server.
Mycelium Gear integration as showed on Daily Decrypt went that step further and built an integration layer on top of ‘Straight’. In case you are interested in more details about this currently Bitcoin-only product: https://gear.mycelium.com/