PRESS RELEASE. KUNA Pay is a brand-new cryptocurrency banking solution for businesses operating in the EU market. The platform gives businesses all the tools for crypto-friendly banking, facilitating crypto transactions in Euros and payments in a variety of cryptocurrencies without the constraints of geographical boundaries.
New Crypto Banking Solution: KUNA Pay Launches for EU Businesses
This article was published more than a year ago. Some information may no longer be current.
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Press release
The main benefits businesses get with KUNA Pay:
– an ability to create crypto bank accounts;
– accepting crypto payments as a B2B provider and settling transactions in Euros via a single bank account;
– bypassing direct crypto involvement through auto-conversion feature;
– real-time reporting of all transactions;
– distribute multiple crypto payments to various recipients all at once (payroll\mass payouts)
KUNA Pay gives merchants the ground to explore new revenue channels or enhance existing operations through straightforward cross-border transactions.
The platform also enables businesses to easily integrate popular digital currencies with their payment and deposit methods, including Bitcoin, Ethereum, USDT (TRC 20 and ERC20), LTC, and many others. This expands their customer base by targeting an increasing audience of cryptocurrency users.
“For a business to accept cryptocurrency as payment, it needs to offer certain services that customers want to pay for with crypto in the first place,” – says Semen Kaploushenko, CBDO at KUNA Pay.
“We are currently integrating our platform with high-end service providers, such as private jet rentals, luxury car rentals, and pricey hotels.”
“Expanding into the European market gives us the opportunity to develop our service in a regulated, legal environment that we understand well,” Semen Kaploushenko, CBDO at KUNA Pay, adds. “With licenses, bank accounts, contracts, and more already in place, we have built the proper infrastructure to operate in Europe. As trust in crypto grows among both merchants and end-users — especially with forthcoming EU regulations like MiCA — Europe represents the most clear and regulated market. The main challenge is repositioning our brand as a B2B provider in Europe and giving businesses the financial tools and confidence to overcome any lingering concerns that crypto is illegal or overly complex.”
KUNA Pay was founded to tackle the growing need for cryptocurrency services among European banks. Financial institutions started looking for ways to enable their business clients to accept crypto payments as digital asset-based interests grew throughout Europe. However, traditional banks have found it challenging to make this integration due to complicated compliance regulations and a lack of experience with cryptos. This is where KUNA Pay steps in as an ultimately viable solution and the top cryptocurrency B2B platform in Europe to offer a sturdy crypto banking infrastructure designed exclusively for commercial clients.
Contacts:
Web: https://kunapay.io/
LinkedIn: https://www.linkedin.com/company/kuna-pay/
Email: pr@kuna.family
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