A customer walks into a café in Peru and wants to pay with crypto. The café accepts QR payments, but it has no crypto wallet or special crypto checkout. At that point, the customer would usually need to convert the funds or choose another way to pay.
KuCoin Pay is trying to solve this problem by offering a shorter route. The customer scans the café's existing payment code and pays from their KuCoin crypto balance. The merchant continues using the local payment system already in place.
In June, KuCoin Pay added QR-based access in Argentina and Peru. A separate rollout connected users with bKash and Nagad in Bangladesh, Mexico's SPEI bank-transfer system, and the MTN and Airtel mobile-money networks in Zambia.
The expansion builds on KuCoin Pay's earlier integration with Brazil's Pix network. Its current support pages also indicate broader QR payment coverage across Southeast Asia, alongside Open CryptoPay support in Switzerland.
Together, these integrations point to a larger ambition: making crypto held in a KuCoin account as accessible for everyday payments as funds in a local payment app, even across markets with very different financial systems.
#kucoin #customer #peru
KuCoin Pay is trying to solve this problem by offering a shorter route. The customer scans the café's existing payment code and pays from their KuCoin crypto balance. The merchant continues using the local payment system already in place.
In June, KuCoin Pay added QR-based access in Argentina and Peru. A separate rollout connected users with bKash and Nagad in Bangladesh, Mexico's SPEI bank-transfer system, and the MTN and Airtel mobile-money networks in Zambia.
The expansion builds on KuCoin Pay's earlier integration with Brazil's Pix network. Its current support pages also indicate broader QR payment coverage across Southeast Asia, alongside Open CryptoPay support in Switzerland.
Together, these integrations point to a larger ambition: making crypto held in a KuCoin account as accessible for everyday payments as funds in a local payment app, even across markets with very different financial systems.
#kucoin #customer #peru
7 days ago