# 9. The Pay With Crypto Solution

Enabling Real-World Crypto Utility at Scale

PayWithCrypto (PWC) offers a practical and compliant pathway to spend cryptocurrency across real-world merchants—making crypto as usable as fiat. By integrating both non-custodial and custodial wallet solutions tailored to user and merchant needs, PWC bridges the gap between ownership and usability, without compromising on control, transparency, or compliance.

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9.1 Dual-Wallet Architecture

Non-Custodial for Users, Custodial Optional for Merchants

* End Users (Non-Custodial Wallet)\
  PWC prioritizes user sovereignty by supporting wallet-to-wallet payments through MetaMask, Trust Wallet, SafePal, and any WalletConnect-compatible wallet. Users retain full control of their private keys; PWC never holds or stores funds.\ <br>
* Merchants (Custodial or Non-Custodial Option)\
  To support real-time settlement and fiat conversion, PWC offers a custodial wallet service managed by licensed partners (e.g., Bitazza). Merchants may opt in to receive crypto or have it auto-converted to fiat. This setup ensures compliance and usability while keeping liability and custody within regulated infrastructure.

9.2 Custodial Wallet Regulation & Liability&#x20;

While PayWithCrypto (PWC) operates as a non-custodial platform for users, custodial wallet services are provided solely for merchants who opt-in for automated fiat conversion. These custodial components are:

·         Fully managed by licensed Virtual Asset Service Providers (VASPs) such as Bitazza, which hold regulatory licenses in jurisdictions like Thailand.

·         Regulated under national financial and securities frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance requirements.

·         Conversion liability (including asset custody, slippage, and settlement disputes) is legally borne by the licensed exchange, not by PWC.

·         PWC simply acts as the facilitator, initiating transaction routing without ever taking custody of funds. This preserves legal separation of responsibilities and reduces operational risk for all parties involved.

9.3 Merchant-Ready POS Solutions

Built for Businesses of Every Size

* Smart POS Devices\
  Ready-to-use hardware with QR scanner, NFC, and crypto compatibility — ideal for retail, restaurants, and service providers.
* Soft POS App (Coming Soon)\
  Turns any smartphone into a payment terminal. Designed for vendors, freelancers, and small businesses.
* Support for Leading Cryptos\
  Accepts USDT, USDC, BTC, ETH, and more — with low-volatility options for stable settlements.
* Zero Transaction Fees for Merchants\
  Merchants receive the full payment amount — with no hidden deductions.

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9.4 Seamless Crypto-to-Fiat Conversion

Fast, Flexible, and Compliant

* Licensed Exchange Partners\
  Crypto-to-fiat conversions are handled by Bitazza and other regulated entities ensuring transparency and legal compliance.
* Instant THB Settlement (or USDT)\
  Merchants can choose to hold crypto or auto-convert. Fiat is credited to their business account in real-time.
* On-Chain AML Screening\
  Transactions are monitored in real-time to detect and block blacklisted addresses within 5 seconds.

9.5 Built for Global & Emerging Markets

Empowering the Next Billion Users

* Fiat On/Off Ramps\
  Start with THB and expand to IDR, VND, NGN, GHS — allowing local currency payouts in crypto-heavy economies.
* Support for the Unbanked & Tourists\
  Addresses gaps in traditional finance by giving tourists and locals a seamless crypto payment experience — especially in cash-reliant economies like Phuket.
* Multilingual UX & Merchant Training\
  Easy-to-use UI with local language support and onboarding programs for first-time users and business owners.

9.6 Compliant and Scalable Infrastructure

Future-Proof, Auditable, and Ready to Expand

9.6.1 KYC/KYB for All Merchants

PaywithCrypto requires Know-Your-Customer (KYC) and Know-Your-Business (KYB) verification for all onboarded merchants to ensure regulatory compliance and platform integrity. This verification process is carried out in partnership with licensed VASPs (Virtual Asset Service Providers) and financial institutions.

Key Features:

·         Full business identity verification including business license, tax ID, owner identity, and proof of operations

·         Tiered onboarding: Small vendors and sole proprietors may use national ID + business certificate, while larger businesses submit full KYB docs

·         Integration with local authorities to align with country-specific AML/KYC laws (e.g., Thailand SEC, Indonesia’s BAPPEBTI, etc.)

·         Onboarding via regulated partners like Bitazza ensures that PWC does not custody funds or violate local regulations

·         Merchant profiles are whitelisted only after passing risk assessments—reducing exposure to bad actors or illicit transactions

Impact:

This creates a safe ecosystem where merchants are vetted, verified, and legally recognized—offering peace of mind for both regulators and consumers.

9.6.2  Tax-Aligned Fiat Settlements&#x20;

While real-time crypto-to-fiat conversion simplifies volatility risk, it can introduce tax and accounting complexity if not properly abstracted. PaywithCrypto is designed to minimize merchant friction and ensure full regulatory clarity.

Simplified Merchant UX

* Auto-conversion to fiat: Merchants receive Thai Baht (or local currency) directly in their linked bank accounts—no need to handle wallets or tokens.
* Merchant dashboard: Provides daily settlement summaries, transaction breakdowns, and downloadable reports for easy bookkeeping.
* No exposure to crypto price swings: Since settlement is instant, merchants are not liable for any capital gains or loss tracking.

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Built-In Tax Compliance Support

·         Pre-categorized transaction data: Each payment includes metadata for itemized reconciliation (e.g., net sales, VAT, fees = 0).

·         Local tax reporting features: Partnered with Thai accounting advisors to provide tools and guidance aligned with local business tax regulations.

·         End-of-month reports: Auto-generated files designed for tax submissions, exportable in formats preferred by Thai accountants.

Regulatory Clarity via Licensed Partners

·         Transactions flow through Bitazza, a licensed digital asset broker in Thailand, ensuring AML/KYC and proper audit trails.

·         Since fiat is received from a local regulated exchange, PaywithCrypto complies with Thai SEC and Bank of Thailand guidelines.

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Merchants don’t touch crypto, don’t worry about volatility, and don’t need to learn Web3. They just scan, sell, and receive local currency—along with tax-ready summaries for clean compliance.

9.6.3   Transparent Transaction Logging\
Every interaction is recorded with timestamps, enabling traceability and analytics.

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9.7 Modular Ecosystem

A Platform for Users, Merchants & Developers

* API & SDK Access\
  Enables integration with third-party platforms, wallets, and payment gateways.
* Merchant Analytics Dashboard (Upcoming)\
  Real-time views of transactions, settlements, customer engagement, and loyalty metrics.
* $PWC Utility Token (In Development)\
  Powers cashback rewards, referrals, tier upgrades, staking, and premium features.

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&#x20;The Outcome: Trusted Payments for the Crypto Economy

| Challenge                            | PWC Response                                                 |
| ------------------------------------ | ------------------------------------------------------------ |
| Users want control of their funds    | Fully non-custodial wallets for users                        |
| Merchants need simplicity            | Custodial wallets for instant fiat payouts                   |
| Payments must comply with regulation | KYC, AML, licensed exchange partners integrated              |
| Need for real-world adoption         | POS devices, QR payments, and Soft POS for various merchants |
| Crypto too complex for everyday use  | Easy UX, multilingual support, fiat conversions              |

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