Table Of Contents

Kinesis Pay Expands Support for Digital Assets

Overview

Kinesis Pay now accepts more than 40 digital assets for business payments. In addition to Bitcoin, Ethereum, Kinesis Gold (KAU), Kinesis Silver (KAG), and Currency One USD, roughly 30 further assets have been added, enlarging the range of options open to merchants and their customers.

Payment Processing

Transactions are structured to settle within seconds, shortening the interval between payment and confirmation. The quicker settlement may also reduce exposure to short-term price movements during a transaction.

Fees and Business Access

At present, merchants can use Kinesis Pay without transaction fees or integration costs. Kinesis has stated that a membership model offering additional features is planned at a later stage.

Platform Availability

The expanded asset support is live on the desktop platform and the Android app. iOS support is expected to follow.

Merchant Discovery

Businesses that use Kinesis Pay can appear on the Kinesis merchant map, which allows customers to locate participating outlets. A Merchant Directory is also planned; it is intended to include business profiles, websites, social-media links, and related details.