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KuCoin announced that KuCoin Pay has added QR payment and local transfer features for users in Argentina, Peru, Mexico, Bangladesh, and Zambia. The update enables QR-based payments via regional platforms in Argentina and Peru, and supports direct bank or mobile money transfers in Mexico, Bangladesh, and Zambia.
According to KuCoin's announcement and accompanying blog posts, KuCoin Pay has expanded its payment integrations to include QR code-based payments and local transfers in five additional countries: Argentina, Peru, Mexico, Bangladesh, and Zambia. In Argentina, the service now interoperates with the Transferencias 3.0 system, while in Peru it connects with Yape and Plin for QR scanning at retail locations; in Mexico, users can access local bank transfers via SPEI, and in Bangladesh and Zambia, mobile money services like bKash, Nagad, MTN, and Airtel have been added.
KuCoin Pay functions as a unified technical interface, converting supported cryptocurrencies into local fiat currency at the point of transaction and facilitating payments through regional financial networks. The announcement highlights a phased rollout strategy, with an emphasis on bridging cryptocurrency payments with established local payment infrastructure in emerging markets.
KuCoin is a cryptocurrency exchange that supports trading in a wide range of digital assets, including spot, margin, and futures markets. The platform provides both web and mobile trading terminals equipped with basic analytics, charts, and indicators, and allows account funding and withdrawals via debit cards, cryptocurrencies, and electronic wallets. More information about its features and offerings can be found in the broker profile on Traders Union.
For more background, see the previous KuCoin update on Traders Union, where the broker detailed the launch of its Crypto Cup Quarter-Finals and highlighted the range of futures trading events and prize opportunities available to participants. Read the earlier news about KuCoin here.