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- KuCoin collaborates with Refillarena to enable crypto payments for mobile recharges, eSIMs, and gift cards.
- Over 300 cryptocurrencies are supported by Refillarena, offering global access to digital products.
- Users can enjoy a 15% discount, up to $10, on selected items, promoting crypto adoption in daily life.
KuCoin has collaborated with a digital store (Refillarena) to enable users to redeem their crypto on life’s basic necessities. The latest addition incorporates KuCoin Pay, which allows users to buy mobile recharges, eSIMs, gift cards, and entertainment subscriptions using crypto. Declared on the 23rd of September, the tie-up streamlines the utilization of cryptocurrencies for everyday transactions.
Refillarena will offer comprehensive support for both fiat and crypto transactions and accepts over 300 different types of cryptos. It provides an extensive variety of digital products, such as mobile phone top-ups and gift cards on Netflix, Amazon, Xbox, and others. With the QR code packaging, KuCoin users are now able to purchase the goods through the KuCoin Pay interface, which is wallet-based.
Smooth Payments and Improved Security
With the integration, the users have access to the global catalog of Refillarena, as it operates in more than 180 countries. Refillarena guarantees the instant delivery of digital products, enabling customers to easily access their purchases. The platform gives coverage to such categories as gaming, entertainment, fashion, and health, with the dominating brands Nike and Sephora.
According to Ahmed AlBadri, CEO of Refillarena, this partnership would enable customers to receive more value through a smoother payment process and a higher-quality security level. He emphasized the ease of accessing the catalog of all the platforms in real time, in a system of complete trust and security.
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KuCoin Expands Internationally with New Partnerships
In the case of KuCoin, such collaboration is one of the aspects of the company strategy to make the cryptocurrency more usable. The project head of KuCoin Pay, Raymond Ngai, stated that the method is to make crypto spending as convenient as spending in traditional currencies. Since the launch in January of its new KuCoin Pay, the exchange has been striving to increase its functionalities and work together with other brands.
This partnership, however, comes after KuCoin entered the Swiss market with the help of a partnership with DFX.swiss. That transaction enabled crypto transactions in more than 100 SPAR brand shops. KuCoin is expanding into the international market, where they are looking for ways to bring crypto closer to the general population regarding their daily purchases.
In the collaboration, KuCoin Pay itself will be providing 15% off, up to 10 US dollars, on selected products during the period between September 23 and October 23. This advertisement makes the users consider using the new means of payment and remind the platform personnel of its current attempts to make crypto become part of everyday life.
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