#Crypto Payments #Switzerland #KuCoin #Zug #DFX.swiss

KuCoin Pay Teams Up with DFX.swiss

In a significant move towards mainstream cryptocurrency adoption, KuCoin, a trusted global crypto platform, has announced a groundbreaking partnership with DFX.swiss, a renowned Swiss cryptocurrency service provider. This collaboration allows users to make compliant crypto payments at over 100 SPAR stores in Switzerland using stablecoins and other cryptocurrencies.

By leveraging DFX.swiss's innovative OpenCryptoQR system, KuCoin Pay aims to transform digital assets from merely investment tools into practical means of everyday purchases. This integration not only facilitates smoother transactions for customers but also reinforces the utility of cryptocurrencies in daily retail activities.

A Seamless Payment Experience

The partnership brings together KuCoin Pay's advanced technology and DFX.swiss's user-centric infrastructure. With this integration, customers can enjoy a series of benefits when shopping at participating SPAR stores.

• - Zero Gas Fees: Users can make transactions without incurring any hidden costs.
• - Instant Fiat Settlement: Merchants receive instant payments in fiat currencies without the need for tedious conversion processes.
• - Lower Commission Fees: Compared to traditional payment systems, the commission fees are markedly reduced, making it an attractive option for both users and merchants.

Payments are processed rapidly and securely through the KuCoin app by scanning the Quick Response (QR) code provided at the point of sale. This feature not only simplifies the payment process but also enhances security, ensuring that users maintain full control over their funds through non-custodial mechanisms.

Voices of Innovation

Raymond Ngai, the lead of KuCoin Pay, expressed enthusiasm about the partnership, stating, "We are thrilled to partner with DFX.swiss, whose innovative gateway supports popular payment options while ensuring compliance with Swiss financial regulations. At KuCoin Pay, we are committed to embedding cryptocurrencies into daily life, enhancing their practical utility and providing seamless shopping experiences for our 41 million users worldwide."

Cyrill Thommen, Founder and CEO of DFX.swiss, echoed this sentiment, saying, "This collaboration is a crucial step in advancing crypto payments on a global scale. Our mission at DFX.swiss is to make digital assets accessible and usable in everyday life. Together with KuCoin Pay, we are pioneering a straightforward path towards the normalization of digital transactions in the retail sector."

Expanding the Crypto Payment Landscape

This partnership is just one facet of KuCoin Pay's aggressive expansion into various sectors such as retail, e-commerce, gaming, and travel bookings. Their recent on-chain solution complements off-chain services, creating a decentralized ecosystem for cryptocurrency payments that is set to redefine how transactions are conducted, both online and offline.

With a vision that emphasizes compliance, security, and global outreach, KuCoin Pay is gradually bridging the gap between digital currencies and the traditional financial systems. Their user-centric approach aims to increase cryptocurrency adoption while ensuring a smooth transition from fiat to digital assets across multiple platforms.

About KuCoin Pay

KuCoin Pay is a pioneering merchant payment solution that empowers businesses to accept cryptocurrency payments seamlessly. Supporting a diverse array of cryptocurrencies including KCS, USDT, USDC, and BTC, KuCoin Pay stands out with its fast, secure, and borderless payment capabilities.

To learn more about KuCoin Pay, visit KuCoin's website.

About DFX.swiss

DFX AG, headquartered in Zug, Switzerland, operates as a prominent provider of cryptocurrency services. The company envisions itself as a connector between the traditional banking system and the crypto ecosystem, allowing customers to buy and sell digital assets directly. Their platform supports various fiat currencies and integrates with popular digital wallets, ensuring accessibility for all users.

For more information about DFX, visit DFX's website.