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

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