K-Merchant is quite simple to understand.
It is a gobsmackingly simple way for someone to pay for products or services with cryptocurrency (Bitcoin etc).
Just WHY is it so good?
Let me explain by giving you an example and going through the process as it stands currently.
first of all, if you want to buy something using your Bitcoin, you have to sell it on an exchange.
In doing so, you lose money by paying a transaction fee
Then, you have to convert it to USD
You lose money in the currency conversion
The, you have to transfer the USD to your bank account.
More money lost! And, of course, the transaction is transparent.
Then, you probably have to pay bank fees and charges on major transactions, especially to another country.
Let’s say you want to buy a car with your Bitcoin. Add up all those fees etc. and you have lost a hefty sum!
Businesses run a mile from payments in Bitcoin, as they could lose a lot of money if the price of Bitcoin drops whilst they are trying to exchange it for fiat currency, and they get hit with all the charges and fees too.
Think of it like ‘paypal’ for cryptocurrency. (The major difference is that systems like paypal also charge fees for currency conversion etc.)
So, using this example, et’s see how it works out when Jim wants to buy a car from a dealer that has K-Merchant.
Jim chooses the car and pays the car dealer 50 Bitcoin.
The dealer INSTANTLY gets the value of the Bitcoin at the price as of that moment. He doesn’t lose a single cent on the transaction.
The dealer does NOT pay and transaction fees whatsoever. Zero. Zilch. Nothing.
Jim does not pay any transaction fees or any currency conversion fees – nada. Zero. Zilch. Nothing. The transaction is instant, so Jim is happy he is using his Bitcoin at the price he wants to exchange them for.
Sweet…both Jim and the car dealer are happy!
Check out the video below.
CLICK HERE to see a demo of a K-Merchant payment website and to apply for a K-Merchant account for free (businesses)
As an affiliate, you receive a commission on the transactions that anyone you introduce sets up a K-Merchant account! Just imagine if you sign up a car dealership…it really pays to become a Karatbars affiliate. And this is just one of the ways that you can make a healthy income.