Binance Pay and Xmoney join forces for payment

In a critical development within the Cryptocurrency sector, Binance Pay has announced a partnership with Xmoney, a renowned Web3 payment provider based in Europe. The collaboration aims to expand the range of cryptocurrency payment options available to users, allowing direct transactions in over 20,000 companies in a variety of industries, including luxury goods, travel, gaming, and e-commerce. Masu.

How does this partnership affect users?

The partnership is poised to strengthen integration of cryptocurrency into daily trading. Users can expect to expand their ability to purchase products and services using Binance Pay, making cryptocurrency more accessible.

What sectors will benefit from this collaboration?

The alliance benefits multiple sectors, particularly luxury retail and public services. Xmoney’s operational reach includes government agencies such as the LieChtenstein National Administration, allowing citizens to use cryptocurrency to pay for public services.

Important highlights:

• Binance Pay users can trade with over 20,000 companies.
• The partnership supports payment options in the luxury, travel and gaming sectors.
• Xmoney complies with EU MICA regulations for secure trading.
• Binance Pay’s Merchant Network has expanded from 8,900 to over 32,000 companies.
• Partnerships strengthen the link between blockchain and traditional finance.

Jonathan Lim, global president of Binance Pay, and Greg Siourouunis, global CEO of Xmoney, both highlighted the importance of the initiative in bridging the gap between digital currency and everyday commerce. This collaboration means a step into a more integrated financial ecosystem where cryptocurrencies become viable payment methods in a variety of sectors.