Cubits is a platform that allows users to buy, sell, store, and use bitcoin. It provides bitcoin wallet and payment processing services for merchants. Cubits aims to make bitcoin accessible to anyone anywhere by providing convenient access and laying the infrastructure for a common global payment language. The document provides details on Cubits' business model, products, mission, and how it operates in compliance with UK regulations.

1. office@cubits.com
+44 330 606 0750
STRIKE GOLD
WITH BITCOIN
PAYMENTS.
STRIKE GOLD
WITH BITCOIN
PAYMENTS.
Pan Handler by Jorge Gonzolez from Flickr in grayscale

2. Cubits operates under the UK’s HM
Revenue and Customs regulations.
2
office@cubits.com
+44 330 606 0750
Cubits imagines a world where Bitcoin is accessible to
anyone,anywhere.Our mission is to provide everyone with
convenient access to Bitcoin. Cubits lays the infrastructure
for the world to speak one common payment language.
O U R B U S I N E S S
Buy & Sell
Bitcoin
Instant buy and sell
options with 17
supported currencies.
C U B I T S C U B I T S P A Y
Bitcoin
Wallet
Secure Bitcoin storage
and portal for transfers
and payments.
Bitcoin
Payments
Bitcoin payment
processing for merchants
and professionals.
Founded in 2014, Cubits is an all-inclusive platform to buy, sell, manage, and use
Bitcoin. With locations in London and Berlin, our mission is to make Bitcoin easily
accessible to everyone around the world. Cubits launched in November 2014 with a
Bitcoin wallet and merchant services.
O U R M I S S I O N
C U B I T S P A Y

3. Cubits operates under the UK’s HM
Revenue and Customs regulations.
3
office@cubits.com
+44 330 606 0750
Cubits Pay empowers the bullion industry with a Bitcoin payment solution.
We consolidate traditional financial intermediaries like banks and credit
cards into an all-inclusive online payment service. With no fees, Cubits gives
you affordable access to the global marketplace.
T H E B I T C O I N E F F E C T
Designed for global commerce
Cubits Pay connects you to Bitcoin
users worldwide so you can boost your
revenue. Eliminate the need for locally
based payment processors.
http://www.coindesk.com/bullion-dealer-amagi-metals-stop-accepting-fiat-currency/
Quick and easy setup
Our integration tools require no additional
hardware— you’ll immediately have
access to our collection of shopping carts,
payment buttons, and API. Our support
team is only a phone call away.
C U B I T S
Eliminate fraud and chargebacks
With Cubits Pay, you are protected from
fraud and chargebacks. Transactions that
occur are irreversible and require no
expensive reprocessing fees.
O U R F E A T U R E S
No fees help businesses grow
With no fees incurred on your first
€100,000 in earnings, you can keep the
extra money and reinvest it back into your
business. Earn exactly what you charge.
Amagi Metals earned
$426k more by
accepting Bitcoin
payments.
Amagi Metals starts
accepting Bitcoin
Nov 2012.
More than 40% of
sales were paid with
Bitcoin.
spent on fees
using Bitcoin
(assuming 0.9% rate)
spent on
credit card fees
(assuming 5% rate)
$520k
$93.6k
+$10.4
millionin sales paid
with Bitcoin so far
B I T C O I N
P L A Y E R S
R E D E F I N I N G P A Y M E N T S
C U B I T S P A Y

4. Cubits operates under the UK’s HM
Revenue and Customs regulations.
4
office@cubits.com
+44 330 606 0750
A N D T H E W I N N E R I S . . .
Now, let’s compare Cubits Pay with PayPal. We use key
metrics such as time and costs to let you decide which
payment provider better suits your business and its future.
We are the future of payments.
Low fees, efficient processing and no chargeback risks.
Global
Accessibility
Processing
Fees
E V E R Y W H E R E
Given that basic telecommunication
services are available.
Dependent on country’s financial
standing, payment infrastructure,
and political stability.
0.0%
2% - 3.5%
+ $0.30 per transaction
No processing fees for your
first €100,000 in transactions and
0.9% after.
Rate dependent on transaction
volume, country, and business risk.
Access
Funds
I M M E D I A T E L Y 21 days
Your Bitcoin can be accessed
immediately.
Funds are held in case there are
problems with orders, chargebacks,
and other issues.
Chargeback
Penalties
N O N E $20 per transaction
Irreversible transaction and no
reprocessing fees. Automatically
reduces fraud.
Expensive reprocessing fee and
does not reduce fraud.
C U B I T S P A Y
C U B I T S P A Y
Limited
T H E S H O W D O W N

5. Cubits operates under the UK’s HM
Revenue and Customs regulations.
5
office@cubits.com
+44 330 606 0750
P A Y M E N T & D O N A T I O N B U T T O N S
S H O P P I N G C A R T P L U G I N S
C U B I T S A P I
Pay with Bitcoin Donate Bitcoin
Payment and donation buttons are the most immediate means of
accepting Bitcoin. From our Cubits Pay interface, you can set an
individual item’s description and price, which will generate HTML code
and a preview of the button.
If you have specific needs or require more control over the payment
process, we have a custom API to suit your business’ needs. The Cubits
API offers:
With ready-made libraries and documented example code, we make
using the Cubits API a very straightforward process. Our professional
support staff and engineers are ready to aid you in the process.
• Secure authentication mechanism
• Invoice creation with single API call
• Permanent payment screen URLs
• Custom reference fields
• Flexible and secure callback mechanism
• Customer support
• Payments and invoice change notifications
With Cubits Pay,you will have FREE access to our collection of shopping cart plugins,payment
buttons, and API. No matter how big or small your business, we have a Bitcoin payment
solution for you. No additional hardware is required. Our customer support is standing by to
help you with any of your integration needs at support@cubits.com.
Cubits Pay has integration tools for popular shopping carts. Don’t see
your cart here? Our support team can customize a solution for you.
I N T E G R A T I O N T O O L S

6. Cubits operates under the UK’s HM
Revenue and Customs regulations.
6
office@cubits.com
+44 330 606 0750
Once you have integrated your Cubits payment button,shopping cart plugin,or custom
API, you are ready to accept Bitcoin!
Here is how the process works when your customer decides to pay using Bitcoin:
CUSTOMER HAS
BITCOIN
CUSTOMER DOES NOT
HAVE BITCOIN
Cash out in Bitcoin, your
local currency, or a mixture
of both. You earn exactly
what you charge.
A customer with a Cubits wallet
can log into their account and
checkout within seconds.
ZERO transaction fees
for your first €100,000 in
earnings and only 0.9%
after.
A customer can sign up for
a Cubits wallet and have
Bitcoin within minutes.
A customer shops at your store
and decides to pay using Bitcoin.
Your customer is given 10 minutes
to make the purchase.
Reinvest the money
you’ve saved on fees back
into your business.
T H E P A Y M E N T P R O C E S S

7. Cubits operates under the UK’s HM
Revenue and Customs regulations.
7
office@cubits.com
+44 330 606 0750
(1) Under the supervision of HMRC, the company is registered and operating under
the Telecommunications Digital & IT Payment Service Provider under the Money
Laundering Regulations 2007.
Source: http://www.hmrc.gov.uk/mlr/
(2) In March 2014, HMRC further clarified that no VAT is due on the value of
Bitcoin when they are exchanged for fiat currencies like Pounds Sterling or Euros.
Source: https://www.gov.uk/government/publications/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies
U K H M R E V E N U E & C U S T O M S R E G U L A T I O N S
O U R R E G U L A T I O N C O M M I T M E N T
At Cubits, we see regulation as a necessity for cryptocurrencies to exist and survive in
the long-run. Cubits is registered as Telecommunications Digital & IT Payment Service
Provider under the Money Laundering Regulations 2007 with the HM Revenue
& Customs and applies strict Know Your Customer and Anti-Money Laundering
controls using Jumio. For data protection purposes, Cubits is also registered with the
Information Commissioner’s Office. We have partnered with Bitcoin organizations like
Diacle and Innovate Finance to uphold the highest level of regulatory transparency
and compliance.