KuCoin to Launch a Crypto Payment System for Merchants

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KuCoin has launched a new solution that aims to bring cryptocurrency payments to the retail sector. Called KuCoin Pay, it aims to bridge the gap between traditional retail and crypto by offering contactless and borderless transactions.

Using KuCoin’s infrastructure, which is trusted by over 37 million users globally, KuCoin Pay aims to create new opportunities for merchants and consumers in the digital economy.

The platform supports a variety of cryptocurrencies and blockchain networks, allowing customers to make purchases by scanning a QR code or using the KuCoin app.

This integration also allows businesses to reach KuCoin’s large user base while simplifying the buying process for everyday items. This could lead to wider adoption of cryptocurrencies, as users can seamlessly use them for daily requests like gift cards and mobile top-ups.