Commission-Free Payment System

payKLY

Intermediary-free and commission-free payment infrastructure powered by x402 protocol

What is x402?

Open standard protocol for internet-based payments

x402 is an open-source protocol that makes value transfer on the web as natural as data transfer. It is developed by the x402 Foundation led by Cloudflare and Coinbase.

x402 is an internet-based payment protocol built around the HTTP 402 "Payment Required" status code, enabling payments via API without registration and is blockchain-agnostic.

Open Source Protocol

Implementable by anyone, transparent and trustworthy

Instant Settlement

Transactions finalize in seconds, not days

Blockchain Agnostic

Compatible with different blockchain networks

Machine-to-Machine Payments

Automatic payment support for AI agents and bots

Micropayment Focused

Optimized for cent-level transactions

Frictionless Experience

No user registration or complex integration required

Learn more about x402 Protocol Download x402 Brochure

Commission-Free Payment Facilitator

0% Commission with payKLY

Traditional payment systems charge 2-4% commission. With payKLY, no intermediaries, no commission.

Traditional Payment System

Banks, payment processors and platforms

2-4% Commission

Intermediaries take commission on every transaction

✗Slow approval times (1-3 days)
✗High transaction fees
✗Centralized control and censorship risk
✗Cross-border payment difficulties (2-4% fees)

Payment with payKLY

Intermediary-free payment via x402 protocol

0% Commission

Peer-to-peer payments, direct transfer

Instant settlement (within seconds)
Minimal blockchain fees
Decentralized, censorship-resistant
Global, borderless payments

How It Works?

payKLY Payment Flow

User Wants to Make Payment

When payment is required on a website, application, or digital content, the x402 protocol returns HTTP 402 "Payment Required" status.

payKLY Facilitator Takes Action

The KolayFacilitator smart contract processes the payment transaction in compliance with the x402 protocol. Facilitator ID: K402-TUR-KLY

Payment with KLY Token

KLY token is transferred directly from the user's wallet to the merchant's wallet. The transaction occurs on BSC (Binance Smart Chain).

Instant Settlement and KolayMiles

The transaction is confirmed within seconds. Both parties earn 6.9% KolayMiles. No intermediaries, no commission, 100% value transfer.

payKLY Advantages

Zero Commission

Against traditional payment systems' 2-4% commission, payKLY offers completely commission-free payments.

Secure and Transparent

Transactions recorded on blockchain, transparent and immutable. Secured by smart contracts.

Global Access

Instant payments from any country to any country, in any currency.

Technical Details

Facilitator ID

K402-TUR-KLY

Blockchain Network

Binance Smart Chain (BSC)

Token Standard

BEP-20 (ERC-20 Compatible)

Protocol

x402 (HTTP 402)

The KolayFacilitator smart contract is fully compliant with the x402 protocol. It is equipped with EIP-191 signature verification, oracle-verified exchange rates, and automatic KolayMiles distribution. All payment transactions are recorded on-chain and verifiable.

Start Commission-Free Payments with payKLY

Discover the intermediary-free payment infrastructure powered by x402 protocol

Buy KLY Token Read Whitepaper