Binance launched payments technology company

The company connects businesses, merchants and millions of users to the world of crypto and blockchain

Binance

Binance launched payments technology company. Source: binance.com

Binance has announced the launch of Bifinity as its official fiat-to-crypto payments provider.

Merchants can use Bifinity’s intuitive APIs to get their business crypto-ready and start accepting crypto payments. In addition, consumers will have access to more user-friendly buy-sell crypto services and entry points.

As the crypto and the Web3 economy continue to grow, we see greater demand to build improved fiat-to-crypto on-ramps to bridge the gap between the traditional finance industry and the decentralized and centralized crypto economy. At Binance, the vision is to increase the freedom of money globally. With the launch of Bifinity, we aim to accelerate mass crypto adoption Helen Hai, President of Bifinity

Bifinity supports:

  • Over 50 cryptocurrencies globally
  • All major payment methods, including VISA, Mastercard and more
  • Buy to sell crypto service for consumers
  • Simple, intuitive and seamless API integration for merchants
  • Low cost payment process fees for merchants
  • Top-tier KYC onboarding process

In the nearest future, Bifnity plans to work with with Paysafe to expand into Latin America. In the UK and Europe, Bifinity will integrate Paysafe’s card processing service over the next couple of months. On the NFT front, Bifinity will soon launch NFT checkouts, which allow users to buy NFTs across different platforms by linking their DEX wallets.

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