KuCoin, a well-known cryptocurrency exchange with over 37 million users, has introduced KuCoin Pay, a new point-of-sale (PoS) system designed to make cryptocurrency payments easier for merchants and consumers. The initiative represents a significant push toward mainstream cryptocurrency adoption by streamlining the integration of digital assets into everyday commerce.
KuCoin Pay offers a contactless and borderless transaction experience, leveraging KuCoin’s existing infrastructure to connect businesses with a global user base. The platform aims to reduce transaction fees and enable near-instant settlement of crypto payments, addressing key concerns that previously stood in the way of wider adoption.
The system supports approximately 54 cryptocurrencies and various blockchain networks, expanding the scope of accepted digital assets. For merchants, integration with KuCoin Pay includes a straightforward process of integrating the…