- Users of Binance Pay now have more options than ever before for where and how they can spend crypto.
- Faster, cheaper and more user -friendly payment experiences for buyers and sellers are ensured by the collaboration.
To further increase the availability of Cryptocurrency payments for both companies and consumers, Binance Pay-Binance Safe and Simple Cryptocurrency -Pay Solution – announced a collaboration with xmoneyA prominent web3 payment solution in Europe. This agreement streamlines transactions by allowing direct payments from Binance accounts and simplify the payment process. It links Binance pays customers to XMoney’s network of merchants.
When it comes to safe, innovative payment ecosystems, XMoney is at the forefront of innovation, thanks to its innovative use of groundbreaking technology and strict compliance measures. With its strategic European licenses and status as Mastercard Principal member, XMoney is at the forefront of digital payment innovation.
Users of Binance Pay now have more options than ever before for where and how they can spend crypto, thanks to this partnership with a wide range of merchants in the sectors for luxury, games, travel and e-commerce. Faster, cheaper and more user -friendly payment experiences for buyers and sellers are ensured by the collaboration by abolishing the need for conventional transactions on the chain.
Jonathan Lim, Global Manager of Binance Pay, commented:
“This collaboration between Binance Pay and Xmoney comes at an important moment when Cryptocurrency is covered by mainstream trading and public services. The ability to pay for luxury goods, travel and even state services with crypto shows how digital currencies become a practical tool for everyday transactions. By working with XMoney, we deliver a practical case for crypto and meet the growing demand for safe, efficient and available payment solutions. “
Xmoney has a robust trading network in Europe, including over 20,000 companies in travel, games, real estate and e-commerce sectors, among others. Lugano and the Principality of Liechtenstein’s national administration are among the network’s government customers that accept Cryptocurrency payments for public services. The broad trade base in this region is proof of the increasing use of Cryptocurrencies in both private and public sectors.
Greg Siourounis, CEO of Xmoney Global, added:
“Collaboration with Binance Pay is a significant step in revolutionizing the bridge between blockchain and traditional finance. By integrating Binance Pay, we expand our ecosystem and offer our users even more flexibility and choices in how they shop. This collaboration emphasizes our commitment to innovation and improves the payment experience for our merchants and their customers. “
An important step forward in Binance Pay’s growth has been the expansion of its trading network to over 32,000 through the collaboration with XMoney. With an increase of 36% compared to the year before, the number of merchants has increased from 8,900 in December 2023 to over 12,000 in December 2024. As the need for practical and easy -to -use digital payment solutions continues to increase, Binance Pay continues its commitment to its users By offering a wide range of Cryptocurrency-based payment options for everything from everyday purchases to advanced articles.
