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Efficient and Seamless Payment Solutions for Businesses
Kima Network leads the way in cross-ecosystem blockchain innovation, providing the world’s first protocol that facilitates seamless money transfers across any infrastructure, be it blockchain-based or traditional. This revolutionary technology positions Kima as a universal liquidity protocol, providing businesses with a robust platform to execute transactions across different financial systems, including dynamic Avalanche (AVAX) payment solutions tailored to meet diverse business needs.
For businesses, the integration of a Avalanche payments gateway that uses Kima Network unlocks new avenues for handling digital transactions. This integration allows companies to enable users to send cryptocurrency across various blockchain networks supported by Kima or offramp digital assets to traditional bank accounts. Kima Network also enables businesses to accept a range of cryptocurrency payments, including stablecoins and altcoins. Avalanche (AVAX) is one of the key blockchain networks integrated by Kima Network, allowing businesses to leverage AVAX payments seamlessly across multiple chains.
Kima Network is designed to simplify the process of accepting and receiving payments, whether they originate from or are destined for the Avalanche network. As an infrastructure-agnostic protocol, Kima serves as a bridgeless bridge between different financial ecosystems, making it easier for merchants to accept AVAX payments. Here’s how to enable Avax payment gateway acceptance process via Kima Network:
A user initiates a payment from the merchant’s app.
The app converts the Avalanche-based asset (e.g. Avax) into a Avalanche-based stablecoin.
The Avalanche-based stablecoin is transferred to a decentralized vault managed by the Kima Network blockchain.
Kima’s validators reach a consensus to verify and approve the transaction, ensuring it meets the required security and compliance standards.
Once the transaction is approved, the same value is transferred directly from the Kima-managed bank account or decentralized vault to the merchant’s bank account or digital wallet, without the need for complex processes like token wrapping or exchanges.
Kima Network offers several unique advantages that make it an ideal choice for businesses looking to integrate Avax payments:
Kima provides unparalleled flexibility, allowing businesses to transfer value seamlessly between any asset class, including EVM and non-EVM chains, Bitcoin, bank accounts, and financial apps. Kima Network supports a wide range of payment rails, making it a versatile solution for businesses that need to handle multiple types of transactions.
Kima is 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 validators collectively control the vaults and accounts, unlike other blockchains that rely on smart contracts.
Kima bridges the gap between traditional and decentralized applications by interacting directly with Web2 APIs.
In collaboration with major financial players, Kima Network is developing solutions that bridge the gap between cryptocurrency and fiat, facilitating the use of hybrid payment systems.
The Avalanche network offers numerous benefits that are particularly attractive to businesses aiming to streamline their payment processes. These advantages include:
To enable the Avalanche Payment Gateway, businesses can integrate the Kima SDK into their app. This integration enables Kima transactions, allowing users to make or receive payments on the Avalanche chain effortlessly. The process is designed to be user-friendly, making it easy for both businesses and customers to conduct transactions using AVAX.
