KuCoin Pay has entered into an exciting partnership with AEON to expand crypto payment capabilities, allowing users to pay with digital assets both in physical stores and online.
KuCoin Pay, launched in January of this year by global crypto exchange KuCoin, has announced its latest strategic partnership with AEON. This partnership aims to enhance mobile payment solutions within Web3. Thanks to the integration with AEON's Ketonomous platform, KuCoin Pay users can now use Tether (USDT), USDC Coin (USDC), Ethereum (ETH), Ton (TON), and Binance Coin (BNB) for payments in physical stores and on digital platforms. And that's not all! The system also offers the option of automated recurring payments, perfect for subscriptions or scheduled transactions.
For AEON, an innovative Web3 crypto payment solution, the partnership with KuCoin comes as they have also strengthened their strategic alliance with Stellar (XLM). This partnership has resulted in the integration of Stellar-native assets, such as XLM and USDC, into the AEON Pay mobile solution.
The partnership between KuCoin Pay and AEON is part of a broader phenomenon in the crypto industry. More and more crypto trading companies are looking for connections that make it easier for merchants to accept crypto payments, both in retail and e-commerce. This not only helps bridge the gap between traditional and Web3 payments, but also opens the door to innovative payment options.
Take for example the recent partnership of leading crypto exchange Kraken with Mastercard. This partnership will enable consumers to make crypto payments at over 150 million merchants in the UK and Europe. Kraken Pay, similar to KuCoin Pay, plays a crucial role in this.
And that's not all! Earlier this month, Bitget Wallet also joined forces with Paydify to enable stablecoin payments at select physical and online merchants. Their ambition? To onboard over 10.000 businesses and demonstrate the practical applications of crypto expand in the real world via USDT and USDC transactions.
It seems that the future of payments will increasingly be characterized by the integration of crypto. “The world of payments is changing rapidly, and crypto is the new gold.” It is inspiring to see how companies are developing innovative solutions that help us take advantage of the benefits of digital assets.
What is KuCoin Pay?
KuCoin Pay is a crypto payment solution that allows users to use digital assets for transactions in both physical stores and online.
How does the collaboration between KuCoin and AEON work?
The partnership leverages AEON's Ketonome platform, which allows KuCoin Pay users to spend across multiple popular cryptocurrencies.
What are the benefits of using KuCoin Pay?
KuCoin Pay allows users to make automated recurring payments and use a wide range of cryptocurrencies for their everyday purchases.
In this rapidly changing world of digital payments, the possibilities are endless! Let’s embrace the future together and discover what crypto can do for us.