Kinesis Pay – FAQ

What Is Kinesis Pay?

Kinesis Pay is a payment tool that allows businesses to accept digital versions of gold (KAU), silver (KAG), and various other digital assets available on the Kinesis platform. These include KVT, a stablecoin called Currency One USD (C1USD), and several well-known cryptocurrencies such as BTC, ETH, XLM, DASH, DOGE, and USDC.

The system is designed to work for any Kinesis user who wants to send or receive payments in these assets, whether the transaction happens on a website or in a physical store. Transfers within the Kinesis system are completed almost immediately, and there is no minimum amount required. Some of the features include:

• Payments in gold, silver, or crypto are received within a short time.
• The system can accommodate businesses of different sizes.
• There is potential to earn additional returns on the payments received.
• Payments can be made by scanning a QR code.
• Direct receipt in metals or crypto reduces the need for manual bank deposits, which can simplify the process and often lower transaction costs.

Do I Need A Kinesis Account To Use Kinesis Pay?

Yes. Both the person making the payment and the person receiving it need a verified and active Kinesis account.

What Types Of Businesses Are Accepted?

Kinesis is open to businesses of all kinds. There is no minimum or maximum size requirement; small shops and large companies can all join, and the registration process is the same for everyone and does not cost anything. The only restrictions apply if a merchant violates the Kinesis Pay Terms and Conditions, for example by selling prohibited goods or if there is suspicion of fraud or money laundering. In such cases, the account may be frozen until the matter is resolved.

What Currencies Can I Use With Kinesis Pay?

Payments can be made using gold (KAU), silver (KAG), KVT, C1USD, and all the other digital assets supported on the Kinesis platform. Buyers choose whichever asset they prefer, and the system calculates the exact amount needed to match the item’s price in traditional currency at that moment.

Merchants select their preferred fiat currency when setting up their account. The plugin handles the conversion to the correct value in gold, silver, or crypto at the checkout stage. Once the buyer scans the QR code or enters the payment ID and confirms, the assets are transferred directly to the merchant’s Kinesis account, without passing through a traditional currency.

Can I Use Kinesis Pay For Both Online And In-Store Transactions?

Yes. For online stores, merchants install the plugin so customers can pay with gold, silver, or other assets at checkout. For physical shops, there is a printable QR code option – customers scan it using the Kinesis app on their phone and complete the payment instantly.

Can I Use Kinesis Pay With Both Individual And Business Accounts?

Yes – it works for both. Whether you are an individual seller, a small business, or a larger company, you can set it up as long as you meet the terms.

What Yield Do I Earn Using Kinesis Pay?

Merchants and other users can benefit from two types of returns offered by the platform:

• Holder’s Yield: If you keep the gold (KAU) or silver (KAG) you receive in your Kinesis account, you earn a share of transaction fees on a monthly basis. This comes from 15% of the Master Fee pool, and the distribution depends on how much metal you hold – no additional action is required.
• Referrer’s Yield: If you refer a merchant to Kinesis Pay, you receive 7.5% of the transaction fees they generate (whether through Kinesis Pay or other platform activities). Merchants can also earn this by referring new users who then make purchases through Pay.

Is Kinesis Pay Available For Desktop And Mobile?

It is primarily a desktop feature accessible through the merchant section of your Kinesis account, where the full set of tools is available. On mobile, some functions are available – for example, scanning a QR code to pay quickly from the app without entering card details.

Are Merchants Charged For Using Kinesis Pay?

No – it is free for merchants. You can create a merchant profile, download the software tools, and install them on your website at no cost.

Is There A Transaction Fee For Purchasers?

No, buyers do not pay any extra transaction fee when using gold, silver, or other assets through Kinesis Pay.

How Secure Is Kinesis Pay?

The system uses multiple layers of security to make transactions safer than typical online card payments. Your card details, if any, are never shared with the merchant or stored by Kinesis or on your device. Instead, a unique encrypted QR code or payment number is generated. The merchant only receives the details you approve – such as name, email, and billing or shipping address – to complete the sale.

How Can I Find Merchants That Accept Kinesis Pay?

You can browse the Merchant Directory on the Kinesis website, which lists all businesses currently set up to accept payments through Kinesis Pay. The directory serves a few purposes:

• It helps customers find shops and services that accept gold, silver, or other digital assets.
• It gives those merchants more visibility among people interested in using precious metals or crypto for everyday purchases.
• It offers businesses a free way to get listed, with no signup fees or ongoing costs.