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Kinesis Pay: Allocated gold and silver As payment Options

Kinesis Pay: Promoting Precious Metals as Currency

Kinesis Pay serves as a payment platform that facilitates the widespread adoption of precious metals like gold and silver as stable and reliable currencies: by leveraging the enduring value of gold and silver, the platform offers an alternative to traditional fiat currencies, which are prone to devaluation and market volatility.

Accepted Currencies on Kinesis Pay

1. Precious Metal-Backed Digital Currencies: Transactions on Kinesis Pay are exclusively conducted using Kinesis gold (KAU) and Kinesis silver (KAG).

2. Fiat Integration for Merchant Flexibility: During the setup process, merchants can select their preferred default fiat currency from the options available on the Kinesis platform, enabling real-time conversion of the clients’ fiat currencies into KAU and KAG. This feature ensures that businesses can cater to customers who may prefer using fiat currencies while seamlessly integrating the benefits of precious metal-backed transactions into their operations.

What is the yield a Merchant can earn by using Kinesis Pay?

Kinesis Pay offers merchants two distinct opportunities to earn passive income while participating in the platform’s precious metals-based payment ecosystem:

1. Holder’s Yield: Merchants who retain their earned Kinesis gold (KAU) and Kinesis silver (KAG) holdings within their Kinesis accounts are eligible for the Holder’s Yield.

2. Referrer’s Yield: Merchants can earn additional income by referring clients to Kinesis. The Referrer’s Yield is a share of the fees generated from payments made by the referred client through the platform. Specifically, merchants earn 7.5% of the transaction fees from these payments. The more clients a merchant refers, the greater their potential to build a recurring income stream from their ongoing transactions within the network.

Financial Incentives for Merchants

• Passive Income: Both Holder’s and Referrer’s Yields create reliable, recurring revenue opportunities for merchants.
• Encourages Ecosystem Growth: These programs not only reward individual merchants but also drive the adoption of Kinesis Pay, benefiting the broader network.
• Alignment with Precious Metals Stability: Merchants can safeguard their earnings in stable, tangible assets while enjoying financial rewards for their engagement.

What does the Kinesis Pay plugin entail? 

The Kinesis Pay plugin is an intuitive, easy-to-install tool designed to integrate seamlessly into existing e-commerce platforms and point-of-sale systems. It empowers businesses to accept payments in Kinesis gold (KAU) and Kinesis silver (KAG) with minimal effort, providing a frictionless entry into the world of precious metals-backed digital transactions.

Key Features

1. Ease of Integration: The plugin is designed for simplicity, requiring no complex setup or technical expertise. Merchants can quickly download and install the plugin to their e-commerce platform or point-of-sale system.
2. Immediate Usability: Once installed, merchants can start accepting payments in KAU and KAG on the same day. There are no additional costs associated with integrating or using the plugin.
3. Frictionless Transactions: Ensures a seamless payment experience for both merchants and customers. Transactions are secure, efficient, and backed by the stability of gold and silver.
4. Platform Compatibility: The plugin is compatible with a wide range of e-commerce platforms, making it accessible for businesses across various industries and scales.

Benefits for Merchants

• Expand Payment Options: By enabling payments in precious metals, businesses can cater to a broader customer base.
• Same-Day Activation: Minimal downtime allows merchants to integrate and start using the system immediately.
• Precious Metal Payments: Empower customers to make payments using KAU and KAG, aligning with the growing demand for stable, asset-backed digital currencies.
• Support Business Growth: The plugin facilitates effortless adoption of precious metals-backed payments, positioning businesses as forward-thinking and innovative.

How Much Does Kinesis Pay cost?

Costs for Merchants

• Processing Fee:
  Merchants are charged a 0.45% processing fee per transaction. This is significantly lower than the fees associated with traditional payment processors, making Kinesis Pay a cost-effective option for businesses.
• No Installation or Usage Fees:
  There are no additional charges for downloading, installing, or using the Kinesis Pay plugin. Once the plugin is integrated into their website or point-of-sale system, merchants can start accepting payments without incurring extra costs.

Costs For Buyers

There are none. Buyers do not pay any fees when using Kinesis Pay to make transactions in gold (KAU) or silver (KAG). This encourages customers to embrace precious metals-based payments without concern for additional charges.