In March 2019 in Dubai, Karatbars team that developed a blockchain cryptocurrency payment solutions has presented its secure payment gateway – K-Merchant. K-Merchant is a implementable payment application which offers every point of sale (POS) online as well as physical shops to accept the major cryptocurrencies. It is a real alternative on credit card payments that provides anonymous payment for your purchase and, what is more, has the lowest payment fees on the market.
Using this system, clients are enabled to get payments in specific cryptocurrencies – Bitcoin, Ethereum, and KaratGold Coin (KBC). All payments are made immediately without delay, in a simple scan. It is secure, stable, and safe, considering the PCI-DSS compliance and 24/7 fraud monitoring.
The platform provides a seamless UX for the vendors and suppliers, continuous, uninterrupted rate optimization, and an innovative dashboard that grants clearance to various providers and banks with a single integration. A logo, brand colors can be integrated to make sure you have your own personalized and tailored checkout.
K-Merchant system gives users some essential benefits for shop owners/merchants such as instant payment to your account, zero volatility on crypto payments, smooth tracking, and management of payments, multiple POS for each of your locations and ability to accept High-Risk Payment for online stores.
K-Merchant is a considerable step for e-commerce businesses, as from now on, not only retaіlers and onlіne shops, but all people can use thіs new crypto-payment system worldwide and combine the e-commerce models as the system enables users to do that.
Karatbars CEO, Dr. h.c. Harald Seiz has given his opinion of K-Merchant’s advantages over market competitors: “from a merchant’s point of view, however, what is progressive is that K-Merchant is not just a cryptocurrency – but an entire crypto payment system. Other providers also offer guarantees against payment defaults. But of course, they can pay dearly for the risk. A blockchain guarantees payments solely by their nature and thus has a built-in free of charge.”