Blockonomics vs KuCoin Pay

Blockonomics is a decentralized crypto payment gateway for merchants, alongside a blockchain explorer and self-custodial payment tools. It supports Bitcoin (BTC), Bitcoin Cash (BCH), and USDT on ERC-20. For BTC and BCH, a wallet xPub generates a distinct payment address for each transaction; USDT is sent to the merchant’s supplied ERC-20 wallet address. Blockonomics says customer payments go straight to the merchant’s wallet and that it does not hold the funds. Merchants can connect through listed integrations including WHMCS, WordPress, PrestaShop, Telegram Shop Bot, and Invoice Ninja. The maker says some users can install plugins without coding, while custom integrations can use the REST API. API functions include address lookup, wallet and store management, payment tracking, payment buttons, and hosted checkout. The platform supports more than 150 fiat currencies and recurring payments. Accounts are free to create and do not require identity verification. The Merchants plan is free for the first 10 payments, then 1% on all payments; Bitcoin Address Lookup is also listed at free.

KuCoin Pay is a cryptocurrency payment solution for consumers and merchants, supporting online, offline, and in-app transactions. Checkout options include API integration, hosted KuCoin Pay checkout, and QR codes. Payments can be made on-chain from exchanges or decentralized wallets; verified KuCoin users can also make gas-free off-chain payments to each other. Consumer payments settle instantly, and access is for verified KuCoin users. Merchants apply with business information, complete verification, sign an agreement, and integrate the API. They can settle in stablecoins such as USDT or USDC, or convert crypto earnings to fiat through KuCoin OTC. A merchant portal provides transaction monitoring, financial reporting, and customer insights. KuCoin describes merchant compliance measures including AML/KYC protocols, anti-fraud monitoring, and Travel Rule support through solutions such as Sumsub. The service supports web, iOS, and Android. Consumer payments cost nothing, though merchants may apply handling fees. Merchant pricing is volume-based and available on request. KuCoin Pay is linked to the main KuCoin account, so suspension of that account also suspends KuCoin Pay.