A bootstrapped startup in the Isle of Man has launched a payment processor called ChainPay that it hopes will compete with the likes of BitPay and Coinbase in the European market.
The firm, called AltXE, says it is focused on signing up European merchants to use its payment processor and that its fee schedule and personal attention to customers will distinguish it from its much better funded competitors.
"If you sign up with Coinbase you might be just another merchant in their box. If you sign up with us, we'll be engaged with the merchant, making sure that everything is functioning well," said AltXE co-founder James Carter.
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