Say goodbye to the complexities of traditional payment methods and enjoy the flexibility and functionality of KUNA Pay.
Follow these simple steps to accept DAI:
1. Get in touch
Reach out to our account manager by Telegram or email.
2. Set commission
Determine what your company's optimal commission balance is.
3. Create an account
Speak with a team member about setting up your KUNA Pay account as an DAI payment gateway.
4. Receive API
And finally, receive an API to use on your website.
5. Create a Company
Set a new company on your account. After that, you should pass the verification process based on the chosen type of account.
6. Enable Auto-convert
You can also set the Euro as a basic currency. It means all the transactions will convert into it.
Secure Transactions
We have implemented strong encryption and security measures to ensure secure transactions for DAI payment processing. Our platform utilizes various features, such as real-time monitoring, anti-fraud technologies, and two-factor authentication, to detect and prevent potential security risks.
Exchange Processing
Our platform offers fast and reliable exchange processing for hassle-free interactions. Say goodbye to manual processing and enjoy seamless transactions with the knowledge of how to accept DAI payments.
Support 24/7
Our dedicated team is available 24/7 to provide you with exceptional support. We have specialists on standby to assist you with any concerns or issues you may encounter.
With the constant evolution in the field of digital transactions, it has become increasingly important to master the ability to accept DAI payments. This can be beneficial for businesses and individuals for several reasons:
Stability and Reduced Volatility DAI is a stablecoin, meaning its value is pegged to a stable asset, like the US dollar. This reduces the volatility often associated with cryptocurrencies, making it a safer and more predictable option for transactions.
Global Accessibility DAI, being a cryptocurrency, can be used globally. This makes it an ideal payment method for international transactions, as it bypasses the need for currency conversions and the associated fees.
Lower Transaction Fees Cryptocurrency transactions, including DAI, typically have lower fees compared to traditional banking systems and credit card processors. This can result in cost savings for both the merchant and the customer.
Blockchain Security Transactions with DAI are secured by blockchain technology, offering a high level of security against fraud and unauthorized transactions. This decentralized system also ensures transparency and auditability of transactions.
Financial Inclusion DAI can be accessed by anyone with an internet connection, providing financial services to unbanked or underbanked populations. This inclusivity can expand a business's customer base and enable people without access to traditional banking to participate in the global economy.
By accepting DAI payments, businesses can tap into these advantages, potentially increasing their market reach, enhancing transaction security, and reducing operational costs.
Choosing a DAI payment processor over traditional credit card payments can offer several advantages, especially in specific contexts.
One of the most significant advantages of DAI payments is the lower fees compared to credit cards. Crypto payments typically feature cheaper costs, with charges of less than 3% of the transaction value. Credit card companies charge merchants 3-5% of the transaction value plus extra fixed fees for every transaction, which can significantly reduce their profit margins. Besides, DAI transactions can be processed and settled in a matter of minutes, while traditional credit card transactions, which often take up to 5 business days to clear and settle.
Cryptocurrency transactions are secured by blockchain technology, which significantly reduces the risk of fraud. Moreover, DAI transactions are irreversible, virtually eliminating the issue of chargebacks that many merchants face with credit cards. Besides, blockchain transactions offer greater privacy as they do not require divulging sensitive personal information, unlike credit card transactions. The decentralized nature of blockchain also adds an extra layer of security.
The DAI payment method involves using DAI, a stablecoin cryptocurrency, for transactions. DAI's value is pegged to the US dollar, offering stability in the often volatile cryptocurrency market. Payments with DAI are made digitally through blockchain technology, providing a secure, efficient, and low-cost alternative to traditional banking and payment systems. This method is particularly advantageous for international transactions due to its global accessibility and reduced transaction fees. And KUNA Pay is a flexible service that allows you to accept DAI payments easily.
Customers pay by transferring DAI from their digital wallet to the merchant's wallet. The process is similar to a standard cryptocurrency transaction, requiring the customer to enter the merchant's wallet address and the payment amount in DAI. KUNA Pay lets businesses accept DAI payments in several cryptocurrencies, including Bitcoin, Ethereum, Tether, and more. Besides, you have control over how to manage your transactions. You can either keep them in the original cryptocurrency or convert them automatically to your preferred regular currency.
Security is our top priority at KUNA Pay, and we want to assure you that accepting cryptocurrency payments through our platform is completely safe. We work with Chainalysis, a leading blockchain analysis firm, to closely monitor all transactions and enhance security across our platform.
Moreover, we strictly adhere to all applicable data protection regulations, including the GDPR and Lithuania's laws related to personal data security.
In addition, our e-commerce integration is just as secure. Our API documentation includes detailed instructions to help you safely integrate our system and protect client payment information. We use innovative security measures to safeguard your DAI payment gateway and ensure that all transactions are handled securely.
Various types of companies across different industries are increasingly accepting DAI as a payment method, especially those aligned with digital and global marketplaces. Crypto payments are widespread among freelance and gig economy platforms, web development companies, and subscription-based services
KUNA Pay offers a simple solution to accept DAI payments in various cryptocurrencies. It automatically converts them into local currencies and transfers the funds to your bank account instantly. Whether you run a small business or a large organization, KUNA Pay can help you accept cryptocurrency payments. Contact the sales team to learn more about the benefits of this service.