KwickBit is a non-custodial crypto payment gateway for e-commerce businesses, enabling them to accept stablecoin payments (USDC, USDT) directly to their own wallets without any intermediary holding funds. It integrates with major e-commerce platforms such as Shopify, WooCommerce, and SquareSpace, with an SDK planned for other websites, and also supports subscription-based recurring payments for SaaS and membership businesses. In addition to payment processing, KwickBit offers automated invoicing and a tax collector feature that tracks collected taxes to simplify compliance and reporting. The service currently focuses on businesses in Singapore, Hong Kong, the United Arab Emirates, and Latin America, particularly appealing to merchants in regions with high inflation such as Argentina, Brazil, and Bolivia, while excluding sanctioned regions like Iran, North Korea, and Cuba. Basic KYB documentation is required once a merchant's cumulative received transactions exceed €1000, for compliance purposes.
