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SatoshiPay is a company that processes micropayment transactions (which they call “nanopayments”) usually in the form of bitcoins (or smaller Bitcoin units called, “satoshis”). The company is currently developing a two-way payment platform that will allow content providers to charge consumers a small fee (as low as one satoshi or a fraction of a cent) to read, watch, or listen to content. In September 2015, the company received seed funding from British entrepreneur Jim Mellon’s investment firm, Kuala Innovations.

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