am very much researching this Merchant Space.
Watching the big boys, watching the newbies, and there will be some major upside for whoever gets mass adoption. I like what you are doing here but one concern is the capital. It may take some serious money to make it and get registered to do business in some of the biggest markets like USA, Europe, etc. (We are talking millions of USD to do business in the States for example)
Also, it will take massive and I mean massive amount of money to actually handle merchant processing. Maybe in excess of 50 Million USD? To handle the float between exchanges, provide liquidity to merchant/consumers, etc.