The crypto industry is constantly growing as new cryptocurrencies appear on the scene. Kishu Inu is one of the hottest additions to the canine crypto family of 2021. Despite continuing the legacy of dog-inspired coins, KISHU managed to bring its unique utility to the crypto community. Kishu Inu coins are a sought-after asset which is held by thousands of crypto investors. Moreover, the adoption of KISHU is steadily rising, and new use cases emerge every month. Offering KISHU as a payment method is a use case which any business can create. KISHU possesses a variety of excellent features which can provide businesses with an additional boost in many aspects.
Key Points:
- KISHU is a community-focused cryptocurrency.
- Deploying KISHU payments can provide businesses with fast and private payments.
- NOWPayments delivers solutions for deploying a KISHU payment gateway.
What is $KISHU?
Kishu Inu was launched at the beginning of 2021 as an ERC20 token. Kishu Inu takes after the previous dog-themed projects such as Dogecoin and SHIB. KISHU was created as a decentralized meme token with true value and utility. KISHU’s mission is to bring popular cryptocurrency concepts to the mainstream. KISHU’s main innovation is the introduction of next-gen concepts such as participation rewards, NFTs, decentralized exchanges, and more. KISHU made history and surpassed a $2 billion market cap within the first month after its launch. Today, as of the beginning of 2022, the token is held by more than 700k thousand people.
5 ways to improve your business using Kishu Inu crypto
Earn KISHU rewards
Diversification is the key to success. Companies always try to find new ways to get additional streams of profit. Yet, not often do diversification efforts end successfully, and businesses end up suffering losses. In the case of Kishu Inu, the reward is guaranteed, no matter what the market situation is. Every KISHU transaction entails a 2% fee which gets distributed among decentralized wallets of holders. Essentially, every time someone transfers a sum in KISHU, holders get their share of the transaction. As a result, the holdings of KISHU owners are continuously increasing. Businesses can put KISHU on their balance sheet and gradually grow their KISHU investment without doing a thing.
Facilitate your payment process
Efficient money transfers are a dream of every company. Sadly, despite all the technological advancements, the sphere of banking is still lagging behind the obvious progress. When using banks’ services, businesses face intolerable treatment and constant problems, especially when it comes to processing payments. Bank transfers may require days to get processed, especially interbank and international ones. This significantly slows the operations of businesses, preventing them from receiving and sending payments in a fast way. Luckily, blockchain technology has revolutionized payments, and now everyone can transfer money in no time around the globe. KISHU transactions are fast and efficient, especially when compared to bank transfers. Businesses can make use of this KISHU feature and facilitate the payment process for their clients, particularly those living abroad.
Make payments private
Privacy is vital for people, but, unfortunately, it is completely neglected by banks and payment processors. Today, in order to buy a product or service, people first need to get a bank account which involves disclosing their identity and undergoing KYC procedures. As a result, whenever a person uses their bank account to purchase something, they share their personal details with merchants, which violates their confidentiality. Yet, thanks to cryptocurrencies such as KISHU, this issue can be avoided. KISHU transactions are anonymous since they do not contain the personal details of the sender and the recipient. Moreover, in order to start using KISHU, one only needs to generate a private and public key.
Say no to chargebacks
Another common problem with traditional payment methods is chargebacks. Banks and payment processors such as PayPal have the ability to single-handedly reverse payments made by their clients. Criminals use this feature in order to strip businesses of their money. As a result, companies become the primary victims of chargeback fraud. Cryptocurrencies can help businesses to get rid of chargebacks forever. Every crypto transaction is irreversible since blockchain cannot be overwritten or in any way changed. That is why once a crypto transaction gets processed, it cannot be recalled. By deploying a KISHU crypto gateway, businesses can forget about chargeback fraud. For instance, businesses can ask suspicious clients to conduct payments in KISHU or another cryptocurrency. That way, they will be guaranteed not to lose their money.
Expand your clientele
The majority of companies seem to prefer to sweep under the rug the fact that the crypto market is a trillion-dollar industry. As a result, businesses simply end up missing out on all of the potential offered by cryptocurrencies. Digital assets are owned by millions of people worldwide who often do not have ways to spend their coins because businesses remain unwilling to receive crypto payments. Yet, once companies begin offering crypto payments, the first thing they instantly spot is how powerful and supportive the crypto community is. Every cryptocurrency community goes to a great length to support their favorite coin. KISHU, despite being a new cryptocurrency, has a real army of investors and fans. By featuring KISHU payments, businesses create another use case for the coin and can expect a lot of hype from the coin’s community which can potentially translate into sales growth.
How to accept KISHU
Companies that are interested in deploying a KISHU payment gateway can utilize NOWPayments’ tools. NOWPayments is a service that provides businesses with reliable solutions for setting up a Kishu Inu coin payment gateway. For instance, eCommerce businesses can utilize plugins that are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware. Moreover, businesses can use crypto invoices and a virtual Point-of-Sale terminal.
NOWPayments is a non-custodial service that guarantees instant payouts to its partners. NOWPayments charges clients only for the transaction it processes. The fee per transaction starts from 0.4%.
There is also an option of deploying KISHU donation widgets, buttons, and links.
Conclusion
KISHU is one of the most promising coins of 2021, which has all the prerequisites to become even hotter in 2022. NOWPayments enables businesses to accept the Kishu Inu coin as payment.