NectarPay Brings Zero-Fee Crypto Payments to TEXITcoin Chain

NectarPay has launched its non-custodial cryptocurrency payments platform on the TEXITcoin (TXC) chain, allowing merchants to accept digital currency payments with zero transaction fees.

The platform, part of the honest money movement, gives merchants a way to transact in a currency mined in Texas with no premine and no team allocation. Building on the TEXITcoin chain puts that principle into practice, giving merchants a way to transact without traditional payment rails' fees and settlement delays.

NectarPay's launch includes several features: zero transaction fees on every payment, sub-second settlement, no chargeback exposure, support for major digital currencies, and account setup in minutes. For a merchant processing $500,000 a year, the difference in processing costs alone runs into the thousands annually compared with standard card rates.

Bobby Gray, founder of TEXITcoin, announced the launch during his keynote at the Blockchain Futurist Conference in Toronto. 'NectarPay represents what real builders in this space look like,' he said. 'It's a real project, built by real people, giving everyday users and merchants a way to actually use crypto instead of just holding it.'