BitRail is a compliant payments infrastructure that enables Brands and Merchants to operate and issue regulatory compliant branded currency for payment within their own retail platform, ecommerce store or marketplace. BitRail provides our customers an alternative to costly credit cards and other fee-heavy digital payment options.
The BitRail platform enables compliant brand-owned payment methods in accordance with state money transmitter laws (KYC, AML and FinCEN).
Merchants can now accept payments in their preferred branded currency stable token pegged to USD$ and store the value in encrypted wallets on BitRail until needed. Buyers and sellers can transact using this payment method and at any time convert to fiat currency to transfer funds into and out of their bank accounts.
BitRail's platform includes an easy-to-use mobile app so users can consult and transact with the funds stored in their digital wallet at any time. BitRail’s mobile and desktop interface is strong, secure and seamless.