Hassan Maishera
KuCoin, a leading cryptocurrency exchange, has announced the launch of KuCoin Pay, a pioneering merchant solution designed to catalyze business growth by integrating crypto payments into the retail sector.
In a press release shared with Cryptowisser, KuCoin said this innovative system bridges the gap between traditional retail and crypto, offering contactless, secure, and borderless transactions. Leveraging KuCoin’s robust infrastructure—trusted globally and serving over 37M users - KuCoin Pay is poised to open new opportunities for merchants and users to thrive in the evolving digital economy.
The crypto exchange added that KuCoin Pay seeks to reduce transaction fees and facilitate immediate settlement of crypto payments, simplifying the process for businesses to manage transactions efficiently. The platform supports an extensive range of cryptocurrencies and blockchain networks, significantly broadening the global payments reach.
For merchants, leveraging KuCoin Pay is easy. They can simply integrate KuCoin Pay into their payment systems, allowing customers to complete purchases through KuCoin by scanning a QR code or via the KuCoin app. This integration ensures a frictionless checkout experience, fostering greater consumer confidence and satisfaction.
Furthermore, KuCoin Pay is integrated within the KuCoin app, enabling businesses to tap into KuCoin’s extensive user base while simplifying the buying process for everyday items for users. Daily requests like gift cards and mobile top-ups can be made seamlessly, further promoting widespread crypto adoption.
KuCoin pointed out that this solution represents a major milestone in driving the mainstream adoption of crypto and marks a pivotal step in KuCoin’s ongoing commitment to enriching the blockchain ecosystem.
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience.
With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as "Best Crypto Apps & Exchanges" by Forbes and has been recognized among the "Top 50 Global Unicorns" by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
