Koinon (KOIN) introduced in 2017, finds its rightful place as it gets listed in one of the most trusted exchanges in the crypto market – Hikenex Exchange. Koinon (KOIN) provides a complete solution for payments, serving the needs of both merchants and consumers of the cryptocurrency market
The “OmniChannel” payment system is a single point solution enabling merchants to seamlessly accept crypto, mobile and card payments – all with a single piece of hardware.
Koinon’s multi-currency eWallet and linked debit card give consumers a convenient way of making transactions and sending funds using their stored tokens.
The growth of eWallet payments has created greater complexity for the merchants as they must decide which wallets to accept, how to handle the technology, what are the add-ons required and how to manage yet another vendor relationship. This hassle can be a deal-breaker for many merchants, creating a major barrier to the growth of new payment methods.
Koinon solves this problem by enabling merchants to accept all modes of payment at the point of sale (POS) with a single piece of hardware, a single installation and a user-friendly software maintained via a single relationship with Koinon. Merchants are thus able to accept card, mobile and crypto payments via a single scanning process allowing them to receive local currency in their bank accounts.
BENEFITS FOR CONSUMERS:
Koinon (KOIN) Linked Debit Card
The Koinon debit card lets users access their KOIN tokens for purchases and ATM withdrawals worldwide.
Koinon’s secure eWallet lets users store KOIN and several other prominent cryptocurrency tokens, provides crypto-to-fiat conversion and provides zero-fee KOIN transfers to other Koinon eWallet users.
Pay for Purchases in the store
Koinon eWallet holders have the option of paying with tokens at point of sale using either the debit card or QR code.
BENEFITS FOR MERCHANTS:
Credit & Debit Card Acceptance
Merchants using Koinon’s OmniChannel payment technology can continue accepting cards as they always have.
Mobile eWallet Acceptance
Koinon’s system enables merchants to accept all major mobile eWallets, with no additional technical effort required.
Merchants in the Koinon ecosystem can accept all major cryptocurrencies, either via QR code scan or crypto-linked debit card.