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K-Merchant: Even greater blow to the high street – mass cryptocurrency adoption in commerce is on the way!

15 June 2019 No Comment

Retailers, online shops and other companies offering their services online and accepting payments online face a permanent question: Is the payment made for my service and my product really binding and irrevocable? This point is particularly important in the case of virtual products, which can not even be reclaimed (theoretically) if a payment already made is cancelled or reversed in any way – with or without fraudulent intention. These and many other questions appear more often in today’s global commerce.

Recently, Karatbars, a blockchain cryptocurrency payment solutions developer, has introduced its secure payment gateway – K-Merchant. The system allows clients to receive payments in cryptocurrencies – Bitcoin, Ethereum and KaratGold Coin (KBC).

All payments are completed instantly, in a simple scan. It is secure and safe considering the PCI-DSS compliance and 24/7 fraud monitoring. For the vendors – the platform provides a seamless UX, continuous conversion rate optimization, and an innovative dashboard that gives access to multiple providers and banks with a single integration. Your logo, brand colors can be integrated – making sure you have your own personalized and tailored checkout.

Karatbars CEO, Harald Seiz has commented on 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 crypto currency – 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.“

K-Merchant is already live and in partnership with many big names such as: WooCommerce, Magento, PrestaShop, Shopify, WHMCS.

To learn more about KaratGold`s innovative products, visit their website.

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