- By using the KuCoin app to scan the OpenCryptoQR code, payments may be made swiftly and securely.
- As a result of this partnership, KuCoin Pay has been integrated with the OpenCryptoQR system of DFX.swiss, enabling customers to make regular purchases at more than 100 SPAR stores.
In order to provide cutting-edge crypto-to-fiat integrations in Switzerland, KuCoin, a leading global cryptocurrency platform founded on trust, today announced that its payment division, KuCoin Pay, has teamed up with DFX.swiss, a top Swiss cryptocurrency services provider. As a result of this partnership, KuCoin Pay has been integrated with the OpenCryptoQR system of DFX.swiss, enabling customers to make regular purchases at more than 100 SPAR stores using stablecoins and other cryptocurrencies.
Through this collaboration, digital assets and everyday retail spending are connected by fusing DFX.swiss’s user-focused infrastructure with KuCoin Pay’s technology. It converts cryptocurrencies from financial instruments into useful payment methods, allowing for easy incorporation into daily tasks like grocery buying while maintaining complete user control via safe, non-custodial processes.
Among the main advantages are decreased commission costs when compared to conventional payment systems, quick fiat payouts for merchants without conversion problems, and zero gas fees for customers. By using the KuCoin app to scan the OpenCryptoQR code, payments may be made swiftly and securely.
Raymond Ngai, KuCoin Pay Lead, stated:
“We are thrilled to partner with DFX.swiss, whose innovative gateway supports popular payment methods while ensuring compliance with Swiss financial regulations. At KuCoin Pay, we are committed to making crypto part of daily life, enhancing its real-world utility, and creating seamless shopping experiences for our 41 million global users by bridging traditional retail and digital asset payments.”
Cyrill Thommen, Founder and CEO of DFX.swiss, added:
“The collaboration with KuCoin Pay is another step toward advancing crypto payments internationally. Our mission at DFX.swiss is to make digital assets accessible and usable in everyday life. With KuCoin Pay, we are creating an easy way for that. This is an important step towards a future in which digital payments are common and widespread.”
Retail, e-commerce, international travel reservations, gaming, coupons, and gift cards are just a few of the industries into which KuCoin Pay is still growing. Its newly released on-chain solution, which offers a decentralized foundation for direct crypto payments, enhances its off-chain offerings. These developments highlight KuCoin Pay’s dedication to security, compliance, and international expansion as it seeks to increase the use of cryptocurrencies and fortify crypto-fiat links around the globe.
DFX AG is a cryptocurrency service provider with its headquarters located in Zug, Switzerland. The firm views itself as a link between the crypto ecosystem and the conventional banking system, allowing both individual and corporate clients to purchase and sell digital assets directly. Transactions to and from self-hosted wallets are made possible via DFX’s open-source fiat on-ramp and off-ramp platform. It supports hardware wallets from Ledger, Trezor, and BitBox, as well as MetaMask, Rabby Wallet, and WalletConnect. Using standard interfaces like SEPA, SWIFT, Visa, Mastercard, Google Pay, and Apple Pay, payments and withdrawals may be conducted in a variety of currencies. Get more information about DFX at https://dfx.swiss
