KuCoin Enters Crypto Payment
Arena with New Merchant
Solution
KuCoin , a leading cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта exchange with over 37 million users
worldwide, has introduced KuCoin Pay, a merchant solution aimed at integrating
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта payments into the retail sector.
The payment solution leverages the exchange’s global infrastructure to
simplify merchant payments and provide consumers with a seamless checkout
experience.
KuCoin Ventures into Crypto Payment Services
With KuCoin Pay, merchants can accept direct payments from customers using
their accounts on the exchange. By integrating this feature, customers can
easily pay via a QR code• Стандартизация » Классификатор » Штриховой код » QR-код or the KuCoin app. It offers merchants reduced
transaction fees, immediate payment settlements, and support for a wide array
of cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта and blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн networks.
This dual functionality is intended to drive merchant adoption and consumer
engagement. Specifically, customers can make purchases by scanning a QR code• Стандартизация » Классификатор » Штриховой код » QR-код
or using the KuCoin app. The solution fosters confidence and convenience in
crypto transactions.
Sponsored
Sponsored
The initiative seeks to bridge the gap between traditional commerce and the
fast-paced digital economy. It enables secure, borderless, and contactless
transactions. Of note is that KuCoin Pay supports 54 cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта,
including bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin), Ether (ETH), and the USDT and USDC stablecoins.
The feature, aimed at bridging the gap between crypto and the legacy payments
infrastructure, is not the first of its kind. Recently, digital payments
platform Flexa announced a similar product featuring retailers such as
Chipotle, Mikimoto, Regal Cinemas, and 99 Ranch Market.
Similarly, Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance Pay , another crypto payment solution, has already made
waves by expanding its utility beyond retail transactions. Binance• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Binance Pay’s
super app strategy highlights the fierce competition among
exchanges to dominate the crypto payment ecosystem.
Other notable players include Crypto.com Pay , which offers cashback rewards
and supports over 20 cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, and BitPay , a crypto payment pioneer
providing tools for merchants to accept Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin and other digital currencies.
Both platforms emphasize low fees, multi-currency support, and user-friendly
features to attract businesses and consumers.
Crypto Payment Systems Keep Accelerating
Beyond KuCoin, crypto payment systems are expanding rapidly. Pecu Novus
blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн, a payment tool similar to KuCoin Pay, leverages blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
scalability to offer merchants a robust foundation for real-time crypto
payments.
Like the Pecu Novus solution, KuCoin Pay may expand the crypto payments market
further, offering tailored solutions for businesses that prioritize high
scalability and efficiency. These developments reflect the growing demand for
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта integration in everyday commerce. However, the market remains
fragmented, with varying levels of adoption and regulatory uncertainty .
For KuCoin Pay to stand out, it will need to address any potential security
concerns and offer unique value propositions that differentiate it from
competitors. As the battle for dominance in crypto payments intensifies, the
true winners will likely be consumers and businesses who benefit from enhanced
choice, reduced costs, and the gradual mainstream acceptance of digital
currencies.
Notwithstanding, KuCoin Pay’s entry into this space adds momentum to the
broader effort to transform how value is exchanged globally.
Best crypto platforms in Europe | January 2025
Wirex Explore
YouHodler Explore
eToro Explore
Phemex Explore
Margex Explore
Best crypto platforms in Europe | January 2025
Wirex Explore
YouHodler Explore
eToro Explore
Phemex Explore
Margex Explore
Best crypto platforms in Europe | January 2025
Wirex
YouHodler
eToro
Phemex
Margex
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to
unbiased, transparent reporting. This news article aims to provide accurate,
timely information. However, readers are advised to verify facts independently
and consult with a professional before making any decisions based on this
content. Please note that our Terms and Conditions , Privacy Policy , and
Disclaimers have been updated.
