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How TRON Payment Gateway Can Efficiently Become an Interoperable Gateway For Businesses
Kima Network is the world’s first cross-ecosystem blockchain protocol that enables seamless money transfers across any infrastructure, whether blockchain-based or not (that’s actually why we also call Kima a universal liquidity protocol).
As a business entity, you can enable your users to effortlessly send crypto across different blockchain networks supported by Kima or even make crypto transfers to a digital bank account.
TRON is one of the blockchain networks integrated by Kima Network. By helping TRON access more liquidity via Kima Network, we enable TRON dApps and users to make cross-chain money transfers across the TRON ecosystem. In this article, we will guide you through a step-by-step process of transferring money and accepting payments using the power of Kima Network. But first things first…
As an infrastructure-agnostic protocol, Kima Network can also be viewed as a bridgeless bridge between different financial ecosystems or blockchain networks, simplifying the process for merchants to accept TRON TRC-20 payments and other crypto payments as well. Here’s how it can work:
A user sends funds from their wallet or bank account to a decentralized-managed vault at the origin point.
Kima's validators reach a consensus to verify and approve the transaction.
Approved funds move directly from Kima's vault at the destination to the recipient's bank account or wallet without wrapping tokens.
Kima Network offers several distinct advantages that make it an ideal choice for businesses looking to integrate TRON payments:
Kima offers unparalleled flexibility, allowing businesses to transfer value seamlessly between any asset class, EVM and non-EVM chains, Bitcoin, bank accounts, and financial apps without any limitations.
Kima stands out as the only solution that operates without intermediaries, bilateral integrations, or smart contracts, ensuring the highest level of security.
Kima uniquely integrates KYT (Know Your Transaction) checks directly into its protocol, simplifying compliance with AML (Anti-Money Laundering) regulations.
Kima sets itself apart by directly managing funds, unlike other blockchains that rely on smart contracts. This approach offers superior efficiency and security.
Kima bridges the gap between traditional and decentralized applications by uniquely interacting directly with Web2 APIs.
To understand how TRON payment works, set up a TRON wallet and integrate the wallet for your TRC-20 token(s) and the Kima SDK into your existing app to make or receive payments with USDT.
Per the TRON project, businesses that accept payments leveraging the TRON blockchain can enjoy numerous benefits, which include rapid transaction processing speed, minimal fees, and access to a global customer base:
The TRON Network is a decentralized, blockchain-based digital payment system that leverages the widely adopted TRC-20 token standard. TRON users in eligible jurisdictions may facilitate transactions over the network using the blockchain’s native utility token TRON (TRX).
