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KuCoin Pay Partners with AEON to Support Seamless Crypto Payments in Daily Transactions

Highlights:

  • The partnership allows users to spend crypto in stores and on websites using mobile payments.
  • The system has features for recurring and scheduled crypto transactions.
  • They plan to expand crypto payments by adding more merchants and targeting fast-growing markets.

KuCoin Pay, launched in January this year, has partnered with AEON, a Web3 payment protocol, to improve access to digital asset payments in both physical and online stores. KuCoin Pay is a solution developed by the global cryptocurrency exchange KuCoin. This new collaboration with AEON will support Web3 mobile payments for real-life use.

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As part of this integration, users can spend digital assets such as USDT, USDC, ETH, TON, and BNB. These transactions are available in retail stores and across e-commerce platforms. With the system, individuals can set up different types of recurring payments that will happen at the planned dates.

AEON allows users to easily make transactions using different blockchain networks. As a result, sending or receiving crypto assets is simple, regardless of their origin. By working together, KuCoin Pay and AEON aim to connect more users and businesses through Web3 payments that are both flexible and easy to use. The integration helps users pay for goods and services using popular cryptocurrencies in everyday settings, including both physical and digital environments.

Crypto Payments Push into Retail and Subscription Services

Customers using AEON can choose mobile payments in stores, checkout on the web, or allow their payments to be handled automatically. With its new infrastructure, KuCoin Pay is able to process more digital asset payments for both individuals and companies each day.

This step comes as crypto exchanges in the industry are partnering to widen the use of cryptocurrency payments. Kraken recently partnered with Mastercard, a payment card network, to help give over 150 million merchants in Europe and the UK access to Kraken Pay services. That solution offers services similar to KuCoin Pay.

In addition, Bitget Wallet recently teamed up with Paydify to allow stablecoin payments at selected physical and digital merchants. This partnership aims to onboard over 10,000 businesses by enabling them to receive payments in USDT and USDC. These partnerships highlight growing efforts in the digital asset industry. They aim to encourage both consumers and merchants to use crypto in everyday life.

KuCoin Pay also works with ArcBlock, a platform that supports blockchain infrastructure. The integration allows KuCoin Pay to provide fast and affordable Web3 payment experiences. In addition, users can carry out transactions without complex steps. This supports the broader mission of expanding digital assets in daily life.

According to the press statement, the partnership helps the KuCoin platform to speed up the move toward practical digital asset transactions in stores and online. The partnership focuses on making crypto payments safer, easier, and more accessible for everyone using the service.

Expanding Merchant Network and Web3 Accessibility

KuCoin Pay and AEON are working toward providing more shopping options for crypto users. They are working on integrating with more platforms and assisting both customers and merchants interested in using Web3 as a payment option.

The two companies are focusing on growing markets, mainly in Asia, as more people rely on mobile payments. Their objective is to get people to use Web3 payments regularly in various countries.

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