Binance Teams Up with Ingenico for Encrypted Payments on Binance Pay

02/22/2023 07:06 • Metaverse & Beyond • 90 views

It is reported that Binance announced a cooperation with Ingenico, a global payment solution provider, to enable users to make encrypted payments through Binance Pay.

Binance cooperates with Ingenico, a payment solution provider

Interpretation of the news:

Binance has partnered with Ingenico, a global payment solution provider, to bring encrypted payments to its users through Binance Pay. The collaboration will allow users to enjoy the convenience of secure payments that are fast, easy, and cost-effective.

Binance Pay is a digital wallet platform that lets users send and receive crypto payments using simple, QR code-based transactions. It is part of Binance’s ecosystem of fintech solutions, which also includes Binance Exchange, Binance Card, and Binance Earn. With Binance Pay, users can access multiple cryptocurrencies and manage their digital assets from one place.

Ingenico is a leading player in the payments industry, providing businesses with a wide range of payment solutions, from card terminals to online payment gateways. Its partnership with Binance Pay expands its reach into the world of cryptocurrency payments, which are increasingly in demand among consumers and businesses alike.

The integration of Ingenico’s payment gateway will allow Binance Pay to process transactions more efficiently while ensuring maximum security for users. The move is aimed at making crypto payments more accessible to businesses and individuals worldwide, and it aligns with Binance’s vision of creating a more inclusive financial system.

The partnership with Ingenico comes at a time when Binance is rapidly expanding its services and user base. The exchange has recently launched a number of new products, including a decentralized exchange (DEX) and a staking platform. It has also introduced several new cryptocurrencies to its trading platform, giving users more options for diversification.

In conclusion, Binance’s collaboration with Ingenico is a significant step towards making cryptocurrency payments more mainstream. The partnership allows for greater accessibility to crypto-based transactions, making it easier for individuals and businesses to participate in the growing digital economy while offering a secure and reliable payments solution.

Overall, the key takeaway from this announcement is that Binance is committed to expanding its fintech offerings and partnerships to make cryptocurrency more accessible to everyone. With the integration of Ingenico’s payment gateway into Binance Pay, users can expect a more streamlined and secure experience when transacting with cryptocurrencies on the platform.

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Binance Teams Up with Ingenico for Encrypted Payments on Binance Pay

Binance cooperates with Ingenico, a payment solution provider

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