The innovations coming from the Klever team have always maintained its goal of ensuring there is an improvement in user experience and satisfaction.
Those improvements are accorded to their users and with the possibility of a consistent review of such a great product to meet the expectations of the potential client, especially in its fiat payment gateway.
What is the Klever Wallet, K5?
Klever is dynamic in its vision and mission statement, where it does not see a solution as an end to a problem – it rather sees the solution of a problem as a means to change the status quo and remain dynamic.
Invariably, the products coming out of the stables of the development team would always continue to evolve with time in a systematic way to accommodate prospective changes that the world would throw at it in the future. Hence the need to upgrade Klever’s products and among them, the Klever wallet which just jumped to K5.
Key payment gateways available in K5
Klever has built strong relationships and partnerships with financial service providers globally to implement its fiat on-ramp payment gateway system for easy access for its global customers in funding their crypto wallet accounts in a seamless manner.
We would like to review some of the payment gateways and their key benefits as it relates to K5.
There are several financial partners which the Klever team has created a strong relationship with and would continue to sustain to achieve its goal of globalizing the goal of spreading the adoption of crypto.
These include but are not limited to the following:
- Simplex: Simplex is a licensed financial institution that is empowered with its vast network of partners to accept the widest range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, and more, thereby creating a window of opportunity to spread its dragnet to cover a wide range of countries and market to make user and intending new users to have access to crypto.
- Banxa: Banxa is another partner which offers more global and local payment options than any other on-and-off-ramp solution resulting in conversion rates up to three times higher than credit card-only solutions. The company reliably boasts of an extensive network of local payment solutions paired with the associated crypto licenses, such that Banxa provides users with access to the largest audience that drives the highest conversion rates. Banxa is the only platform to enable global off-ramping of stablecoins via its global network of local bank transfers.
- Mercuryo: Mercuryo is a holistic fintech platform providing global business from both fiat and crypto worlds with a wide range of financial services, accessible through single API integration. It is a one-stop solution integrating all the facets of crypto and fiat solution companies and making it accessible to a large pool of financial services in a global way.
- Moonpay: MoonPay is another fantastic partner which was launched in 2019 with a simple goal to increase cryptocurrency adoption. This company has increased its user base globally to accommodate all forms of clientele from individuals, business owners, and large corporations in order to facilitate their crypto to fiat transactions and vice versa. In November 2021, just two and a half years later, the company successfully closed a Series A funding round of $555 million, bringing it company valuation to $3.4 billion
- Transak: Transak is a company that was created with the purpose of deploying a developer integration toolkit to let users buy/sell crypto in any app, website, or web plugin. They have also made it easy for any web developer or App developer to integrate a transaction tool for users to buy crypto using their fiat gateway.
Table showing the benefits of the fiat payment gateway on K5:
|Fiat Gateway Partner||Number of security issues||Number of countries covered/ supported||Nature of crypto friendliness|
|Simplex||None||130 +||Very crypto-friendly|
The highlighted partnership listed above goes ahead to show the desire for the Klever team to achieve higher penetration of service to the global populace and achieve one of the visions of ensuring financial freedom in the lives of people all over the world.
The Klever team reinforces to users, customers, and intending new customers to carry out more of their fiat to crypto transactions safely on the new and improved Klever Wallet (K5).
It is indeed a no-brainer and a Klever thing to do.