ByteFederal has announced the national launch of ByteConnect, a fully integrated payment terminal and online gateway enabling Australian merchants to accept BitcoinByteFederal has announced the national launch of ByteConnect, a fully integrated payment terminal and online gateway enabling Australian merchants to accept Bitcoin

ByteConnect Launches Nationwide, Bringing Bitcoin Payments to Australian Merchants

2026/02/11 22:28
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • ByteFederal Australia is launching ByteConnect, a national Bitcoin payment terminal and online gateway specifically designed for retail and hospitality merchants.
  • The rollout is regulated under ASIC’s Enhanced Regulatory Sandbox, ensuring the service operates within a legal and compliant framework for digital assets.
  • The platform uses the Lightning Network to enable near-instant settlements and low transaction costs, making it practical for everyday, real-world purchases.

ByteFederal Australia said it will roll out ByteConnect nationally, a Bitcoin-enabled payment terminal and online payment gateway aimed at letting Australian merchants accept cryptocurrency.

The company said ByteConnect is being launched with ByteFederal Inc. in the United States and is being introduced through the Australian Securities and Investments Commission’s (ASIC) Enhanced Regulatory Sandbox. ByteFederal Australia said the sandbox provides a regulator-approved framework and sets the compliance parameters under which the service can operate.

Read more: Ethereum Whale Buys the Dip as Corporate Giant Scoops $42M in ETH During Crash

ByteConnect is positioned as an integrated in-store terminal and digital-asset payment gateway built for “real-world” merchant settings, with an initial focus on retail and hospitality. ByteFederal Australia said it is targeting adoption hurdles it sees in those sectors, including checkout speed and transaction efficiency.

The platform supports Bitcoin payments using both standard on-chain transactions and the Lightning Network.

Expanding Payment Optionality in Australia

Ace Gorgievski, ByteFederal Australia’s head of operations, said the rollout is meant to expand payment optionality for merchants while keeping a compliance-first model under ASIC’s sandbox rules. 

This marks a significant step forward for Australia’s digital asset ecosystem. ByteConnect gives merchants access to next-generation payment infrastructure that enables broader payment optionality, improved operational efficiency, and the ability to support the use of digital assets in alignment with applicable regulatory requirements.

Ace Gorgievski, Head of Operations at ByteFederal Australia

The company said it is designed to support payments “across all payment values,” with an emphasis on speed, reliability, and lower transaction costs, letting merchants accept different payment sizes, with Lightning used for faster settlement and better scalability where needed.

Related: Quantum Panic Over Bitcoin? CoinShares Says the Risk Is Real – but Far From a Crisis

The post ByteConnect Launches Nationwide, Bringing Bitcoin Payments to Australian Merchants appeared first on Crypto News Australia.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
Liquid crypto funds have a DeFi problem nobody talks about

Liquid crypto funds have a DeFi problem nobody talks about

The post Liquid crypto funds have a DeFi problem nobody talks about appeared on BitcoinEthereumNews.com. The following is a guest post and guest post from Thomas
Share
BitcoinEthereumNews2026/03/08 06:03
HBAR Eyes Breakout Above $0.105 With Bullish Momentum and Trend Reversal Signals

HBAR Eyes Breakout Above $0.105 With Bullish Momentum and Trend Reversal Signals

The post HBAR Eyes Breakout Above $0.105 With Bullish Momentum and Trend Reversal Signals appeared on BitcoinEthereumNews.com. Key Insights: HBAR tests the upper
Share
BitcoinEthereumNews2026/03/08 06:06