Binance Sets Up Its Own Fiat-to-Crypto Payments Provider

Binance Sets Up Its Own Fiat-to-Crypto Payments Provider

Cryptocurrency exchange Binance set up its own fiat-to-crypto payments provider, Bifinity, to help businesses become «crypto-ready,» it said.

  • Officially established last year and launching to the market Monday, Bifinity supports 50 cryptocurrencies and all major payment methods including Visa and Mastercard, Binance announced Monday.

  • Merchants will be able to use Bifinity’s APIs to allow their customers to transact in crypto.

  • Bifinity’s first clients are digital asset financial services firm EQONEX (EQOS), payments platforms Checkout.com and Paysafe.

   

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Updated: 07.03.2022 — 18:13

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