Easycoin, as I understand it, is not 'just a payment processor'. It is effectively a bank which issues its own form of tradable credits "backed" by Bitcoins.
As I understand it, OP's idea is to sell insurance policies on bitcoin transfers to merchants that want to accept bitcoins from accidental customers. So far so good. It is an old business concept and it might be reasonable. What I do not understand is what insecure aspect of bitcoin transfers Atlas wants to cover?