KUNA Pay
Exchange Fees
Deposit Methods
Cryptos (16)
KUNA Pay Review
General Information
At the forefront, KUNA Pay offers businesses a crypto-friendly banking solution, facilitating the seamless transaction of crypto payments in Euros and a variety of cryptocurrencies without the constraints of geographical boundaries.
For merchants eyeing growth, KUNA Pay opens the door to exploring new revenue channels or enhancing existing operations through straightforward cross-border transactions.
European businesses benefit from KUNA Pay’s ability to create crypto bank accounts, enabling them to accept crypto payments as a B2B provider and settle in Euros directly into bank accounts, bypassing direct crypto involvement. This integration of cryptocurrency payment options not only broadens their appeal to crypto enthusiasts but also provides access to comprehensive features such as invoice and turnover management, auto-conversion, and more, all within a user-friendly interface.
Supported Cryptos
Available cryptocurrencies for invoice payment:
BTC (Bitcoin), ETH (Ethereum), USDT ERC20 (Tether ERC20), USDT TRC20 (Tether TRC20).
Available currencies to create an invoice:
EUR (Euro €), BTC (Bitcoin), ETH (Ethereum), USDT ERC20 (Tether ERC20), USDT TRC20 (Tether TRC20).
Available cryptocurrencies for deposit:
BTC (Bitcoin), ETH (Ethereum), USDT ERC20 (Tether ERC20), USDT TRC20 (Tether TRC20), XLM (Stellar), BCH, USDC TRC 20, USDC ERC20, EOS, DASH, EVER, DAI, LTC, ETHW, DOGE, UNI, TUSD, LINK, SHIB, TRX, XRP, ZEC
KUNA Pay Pricing
Our crypto payments service has specific fees: 2.5% for invoices, 0.5% for fiat withdrawals, and 5 EUR for crypto withdrawals. Auto-conversion is free (0% fee).
If you handle significant volumes, KUNA Pay’s personalized commission structure fits your needs. Contact team for details and let's enhance your experience.
Replenishment and Withdrawal
EUR:
- ZEN Wallet: Replenishment commission: 1.0% + 2 EUR, Withdrawal commission: 1.5% + 1.5 EUR
- Visa/Mastercard: Replenishment commission: 1.7% + 2 EUR, Withdrawal commission: 1.5% + 1.5 EUR
- SEPA Transfer: Replenishment commission: 5 EUR, Withdrawal commission: 1.0% + 3.0 EUR
Pricing in Local Currencies: Tailor pricing strategies to each region, making it easier for gamers to pay in crypto. Enjoy predictable income with automatic conversion into EUR or USDT.
Easy Integration: Access promotional assets, training guides, and tips for success. Rest easy with robust data security and encryption.
Seamless Device Compatibility: Enjoy responsive UI on Mobile, Tablet, and PC. Manage invoices, check balances, and withdraw funds effortlessly with the Telegram Bot.
Blockchain Integration: Simplify game economies with tailored-made blockchain and automatic conversion. Enhance business offerings by accepting payments in both cryptocurrency and fiat.
Partner Program
Earn passive income with the KUNA Pay partnership program, tailored for agencies and service providers seeking to expand their offerings and expertise in cryptocurrency payments.
Why become a KUNA Pay partner?
- From 10% recurring commission: Boost your income with a recurring fee from a commission on every transaction facilitated through your referral.
- Monthly payouts: Ensure predictable and consistent income.
- Creative library: Access promotional assets, training guides, and valuable tips for success.
Are you a good fit?
- Open Finance solutions: Endorse KUNA Pay for your audience if your company supports collaboration between fintechs, businesses, and financial institutions.
- Warehousing and shipping company: Extend payment services to clients using your fulfillment solutions, broadening their reach with diverse payment methods.
- Software development agencies: Empower your clients with a crypto payment solution.
- Marketing and digital businesses: Enhance your client offerings with a robust crypto payment solution.
How to start?
- Apply for the partner program.
- Invite businesses to join.
- Receive monthly income directly to your KUNA Pay account.
Security Measures
They implement advanced encryption and security measures to protect the integrity of crypto payment processing. These measures include two-factor authentication, anti-fraud tools, and real-time monitoring to detect and prevent security threats.
Regulatory Compliance
Kuna Pay monitors transactions to ensure full compliance with AML laws. If a transaction appears suspicious or unusual, the exchange reserves the right to suspend it for a specified period, including, but not limited to, withdrawals of Virtual Assets/Fiat.
How To Use KUNA Pay
Before businesses can leverage KUNA Pay to process cryptocurrency payments, they must undergo registration and verification within the platform. This initial process is crucial, as it ensures that only legitimate and authorized merchants can utilize KUNA Pay for accepting crypto transactions, thereby preventing fraud.
Here's a breakdown of the essential steps for merchants aiming to accept crypto payments through the KUNA Pay platform:
Account Creation:
Merchants begin by registering and creating an account using their email and password, establishing their basic profile.
Company Profile:
Merchants provide company details such as the company name and primary transaction currency to build their business profile.
Verification:
Merchants furnish corporate, shareholder, and representative information for identity and legitimacy verification by KUNA Pay.
Account Approval:
Upon successful verification, merchants receive approval to utilize the platform and accept crypto payments.
API Key (Optional):
Merchants can generate an API key post-account setup to integrate crypto payment gateways seamlessly into their website.
Invoicing:
Merchants create invoices specifying crypto payment amounts and currencies to be sent to customers.
Auto-Conversion Setup:
Merchants opt for a currency like USDT or EUR to automatically convert crypto payments.
Accept Crypto As Payment:
With the setup completed, merchants can commence accepting crypto payments and leverage the platform's benefits.
FAQs
How do cryptocurrency transactions work?
Cryptocurrency transactions involve digital wallets encrypting payments, which are then sent to a decentralized network for verification. Once validated, transactions are permanently recorded on the blockchain ledger. Merchants receive payments in their digital wallets, which they can convert to regular currency or hold for potential value increase.
How are taxes calculated when converting cryptocurrency to cash?
Converting cryptocurrency to cash typically incurs capital gains tax based on the profit from the crypto's increased value. Taxable gain is calculated using the crypto's original purchase price. Reporting requirements are essential, including documenting capital gains and losses and paying owed taxes. Consultation with a tax advisor ensures compliance with specific tax obligations.
What are the challenges of crypto payments for businesses?
Businesses encounter challenges such as volatility in cryptocurrency values, complex tax implications, security risks, integration difficulties, low adoption rates, irreversible transactions, legal uncertainties, and negative public perception. However, with preparation and knowledge, businesses can navigate these challenges effectively.
How to start using a cryptocurrency payment platform?
To begin using a cryptocurrency payment platform like KUNA Pay, users must undergo a registration and verification process. This step establishes their identity and ensures secure access to the platform, enabling them to send and receive cryptocurrency payments securely.
Is it safe to accept cryptocurrency payments through KUNA Pay?
Accepting cryptocurrency payments through KUNA Pay can be secure with proper precautions. The platform employs advanced security measures to safeguard accounts and transactions. Users should also adhere to best security practices, including protecting private keys and using reputable wallet providers, to mitigate risks associated with cryptocurrency transactions.