Teleport enables instant cross-border cryptocurrency payments by leveraging blockchain technology to eliminate intermediaries and reduce transaction costs. It addresses the challenges of slow, expensive international transfers, providing a fast and cost-effective solution for businesses and individuals.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional cross-border payments are often slow and expensive due to intermediaries and varying regulations. Businesses and individuals face challenges with high transaction fees and delays when sending money internationally using conventional methods.
Solution
Crypoverse (Teleport) provides a cryptocurrency payment gateway designed to facilitate instant cross-border transactions. By leveraging blockchain technology, the platform eliminates intermediaries, reduces transaction costs, and offers a fast and secure solution for international money transfers. Crypoverse offers volatility protection by automatically converting incoming payments into stablecoins. The platform also provides plugins for e-commerce platforms, enabling quick integration of cryptocurrency payment processing.
Target Audience
Crypoverse targets businesses and individuals seeking a cost-effective and rapid solution for cross-border cryptocurrency payments.
Features
- E-commerce plugins for Shopify, WooCommerce, Tilda, OpenCart, Prestashop, and WHMCS
- Automatic conversion of incoming payments into stablecoins for volatility protection
- Withdrawal auto-convert feature to convert cryptocurrency to preferred currency during withdrawals
- 24/7 customer support through email, chat bot, and community channels
- Transaction tracking for monitoring transactions within the platform
- API key generation for secure application integration
- Referral program that allows users to earn a share of referred merchants' withdrawal fees