We at Kollet believe in the potential of cryptocurrencies. This has been confirmed by the mass user adoption of the technology. More users are welcoming cryptocurrencies whilst some financial institutions are beginning to change their bias stand against the technology. Cryptocurrencies have changed how money is exchanged between parties. Unlike the traditional financial system, there are no central or regulatory parties with cryptocurrencies. Traditional financial entities delay the delivery of funds as well as take a percentage of the funds as compensation for their role in the money exchange process.
Cryptocurrency at its most basic form, was initially designed to be just a digital representation of money. It was meant to allow users to make reliable and seamless peer-to-peer payments without the involvement of bureaucratic institutions like banks. The underlying concept of cryptocurrencies is that they function on a blockchain. Which is essentially an open digital ledger of all the transactions of that currency. This means that anyone, at any point in time, could theoretically know exactly who is sending who money, and how much is being sent. Cryptocurrencies are anonymous because while users can see which wallets are sending and receiving money, they don’t necessarily know who owns which wallet.
The technology is simply fascinating. We support and believe in cryptocurrencies. Kollet is a cryptocurrency payment gateway/processor that allows customers and merchants to receive and send funds from their cryptocurrency wallet, as well as manage their crypto funds. Kollet is cheap, safe and secure. We at Kollet will work to ensure users continue to adopt the technology by building infrastructures that will enable merchants and customers alike to seamlessly and securely exchange funds.
For merchants, there are different options for receiving payments from your customers. We have hosted checkout pages for your products, POS, customized payment links, an API system that allows you to build systems according to your own specifications.
For customers, you can easily pay any merchant of your choice by going to the checkout or link provided by the merchant and following the payment instructions.
We do not charge any fees when you receive funds from your customers as a merchant. Merchants are only charged a 1 % fee ( as at August, 2021 )of the amount to be sent in addition to the cryptocurrency network fees when withdrawals are being made outside the Kollet wallet system. There are also in-app crypto-transfers where merchants can also transfer funds to each other and users alike, without the need to pay hefty cryptocurrency network fees.
There are absolutely no hidden fees when using Kollet.
Our website is https://kollet.io. We have a REST API system that allows third party developer integrations. Developers can access the API documentations at https://docs.kollet.io. Our users can also check the uptime of our services at https://kollet.statuspage.io.
Our support team is available 24/7. Shoot us a mail at support@kollet.io.
If you are merchant and have not signed up already, please do so :)
