KuCoin Pay, AEON tie up on mobile crypto payments across retail
KuCoin Pay has integrated with AEON, a Web3 payment protocol, to improve its Web3 mobile payment services across various retail settings.
AEON's platform, which is built to accommodate AI-driven automated payments, will enable intelligent management and automation of transactions, including subscriptions and remittances, across multiple blockchain networks.
The partnership aims to facilitate the adoption of cryptocurrencies in real-world transactions by expanding KuCoin Pay's payment network and offering quicker and 'cost-effective' transaction experiences.
Users will be able to conduct transactions in cryptocurrencies such as USDT, USDC, ETH, TON, and BNB for a range of services, encompassing e-commerce and in-store purchases.
This collaboration merges AEON's chain-agnostic infrastructure with KuCoin Pay's global user base, which is expected to speed up the adoption of Web3 mobile payments, especially in Asian markets and beyond.
The integration includes AEON interoperable payment tools, which support Web3 mobile payments, online Web3 payments, and recurring or pre-authorised transactions.
The initiative aims to improve the accessibility and acceptance of Web3 mobile payment solutions.
KuCoin Pay, which allows cryptocurrency payments in retail, supports over 50 cryptocurrencies, including KCS, USDT, USDC, and BTC.
Users can utilise these digital currencies for purchasing products and services globally.
In January, KuCoin introduced KuCoin Pay as a payment solution to integrate cryptocurrency transactions into the retail sector, offering businesses a way to accept crypto payments.
"KuCoin Pay, AEON tie up on mobile crypto payments across retail " was originally created and published by Electronic Payments International, a GlobalData owned brand.
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