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K-Merchant to Become the World’s First Blockchain-Based Payment System

Last Updated April 27, 2023 3:08 AM
Press Release
Last Updated April 27, 2023 3:08 AM

Karatbars International  recently introduced K-Merchant  – the world’s first blockchain-based payment system, allowing merchants and retailers to process in-store payments with all types of currencies easily and quickly.

Many people are still not very confident about cryptocurrencies in general. Even though the idea of the innovative currency is undoubtedly great, not everyone dares to approve it without the user-oriented infrastructure and reliable security tools.

K-Merchant  offers a reliable solution to this problem. It allows merchants and retailers to easily accept Bitcoin or Ethereum as well as KaratGold Coin (KBC) , the company’s own cryptocurrency in their online / offline stores. It does not involve any human participation and guarantees the success of the purchasing operations. The platform offers a reliable method of cryptocurrency transactions based on a custom-tailored blockchain protocol. After a payment via K-Merchant  is completed, a payment order is impossible to delete, reduce, or modify. Thanks to this innovative technology, the number of e-commerce companies is expected to rise as it will be much cheaper for small businesses to develop their own trading platforms.

K-Merchant  itself is a big step ahead for classic offline retailers and e-commerce merchants. Starting from its launch not only retailers and shops have access to this new payment infrastructure. Basically, everyone can now buy and sell goods or services via the K-Merchant service.

The platform itself has already made a considerable impact on the world market. K-Merchant  is much more convenient and less expensive than ordinary credit cards. It offers zero fees for any payment process; there is no chargeback policy thanks to the blockchain technology.  Merchants get incredible benefits: the instant payment to a particular account (no transaction value risk), easier tracking, and management of payments, multiple POS for each of the locations, zero volatility on crypto payments. Another big advantage is that K-Merchant  operates with the lowest transaction fees on the market, and all processed payments are entirely anonymous.

“K-Merchant can, of course, be integrated into the most popular online shop systems such as Magento, Shopify or Prestashop,” says Mr. Harald Seiz, head of the Karatbars group. “The platform provides one-click-payments with military-grade security.”

K-Merchant  is a considerable step for any kind of point of sale businesses and people all over the world, especially nowadays, when the conventional traditional are overcoming numerous crises. K-Merchant is ab up-to-date and promising project. Karatbars International considers the platform to be the future of all the financial systems of the world.

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