KuCoin Facilitates Crypto Payments at POS with QR Codes: Lowers Costs

KuCoin has launched KuCoin Pay, a new merchant solution aimed at integrating cryptocurrency payments into the retail sector. The platform offers contactless, borderless transactions, bridging traditional retail and crypto. With over 37 million global users, KuCoin leverages its infrastructure to support this service.KuCoin Pay Integrates Crypto Payments for MerchantsKuCoin Pay focuses on reducing transaction fees and enabling immediate crypto payment settlements. It supports a wide range of cryptocurrencies and blockchain networks, expanding payment reach. The platform also facilitates everyday purchases, such as gift cards and mobile top-ups, encouraging broader crypto adoption.Crypto exchange has introduced a point-of-sale system that allows customers to pay merchants using crypto held in their accounts at the exchange, by Merchants can integrate the system into their existing payment methods, allowing customers to complete purchases using the KuCoin app or by scanning a QR code. According to the firm, this integration aims to update transactions and enhance user experience.