KuCoin has recently launched KuCoin Pay, a payment platform that aims to assist merchants in accepting transactions using cryptocurrencies. The platform is integrated with the KuCoin app, which has a user base of over 37 million people around the world.
This allows businesses to connect with more customers and simplify the payment process. Users can make payments by scanning a QR code or directly through the app.
KuCoin Pay’s goal is to make it more convenient for businesses to handle crypto payments by providing lower fees, instant settlements, and support for various cryptocurrencies.
The platform also offers the possibility for users to pay for items like gift cards and mobile top-ups, which could help normalize the use of cryptocurrency in daily transactions.
Setting up KuCoin Pay is easy for businesses, as they can simply add the system to their existing payment platforms, allowing them to accept crypto payments alongside traditional ones.
