Binance has launched an option for account holders to pay for goods and services through Binance Pay’s Advanced Payment Solutions (APS).
The partnership allows account holders to pay for goods and services in fiat currency directly from their cryptocurrency account on Binance. Payments are made without fees.
At the same time, Binance’s channel partner, APS, whose platform is integrated with the Stellar blockchain, will provide a solution that allows merchants to receive payments for goods and services directly from their Binance account with the highest degree of reliability. I can. Speed and transparency.
The joint project implementation is another step for Binance to further develop its own Binance Pay option and increase the number of users of the service.
“High-tech projects bring huge returns. E-commerce market participants are embracing the opportunity to receive efficient, highly secure and low-cost payments through integration with Stellar technology and for the e-commerce market. This improvement provides more convenience for both. [Binance] Account holders and merchants. ”
Jonathan Lim, Global Head of Binance Pay and Card, said: