Overview
- The integration will roll out Crypto.com Pay across KG Inicis’s network, which processes over 400 million transactions annually and serves about 190,000 merchants with roughly 40% market share.
- Foreign visitors will be able to pay at physical retailers and online using supported digital assets, with merchants able to receive instant settlement in fiat or crypto.
- The connection extends to e-commerce platforms linked to KG Inicis, enabling crypto checkout on supported K‑commerce websites for international users.
- The companies say the system operates on existing payment rails and could lower foreign card fees and currency conversion costs for tourists.
- Both firms plan additional cooperation such as marketing and new products, pending regulatory approval, and highlight prior local registrations and compliance commitments.