Binance joins hands with Ingenico to enhance payments globally
It is reported that Binance announced a cooperation with Ingenico, a global payment solution provider, to enable users to make encrypted payments through Binan…
It is reported that Binance announced a cooperation with Ingenico, a global payment solution provider, to enable users to make encrypted payments through Binance Pay.
Binance cooperates with Ingenico, a payment solution provider
Interpretation of the news:
Binance, one of the largest cryptocurrency exchanges in the world, has announced its collaboration with Ingenico, a global payment solution provider aimed at enabling users worldwide to make secure and encrypted payments via Binance Pay. The move is expected to streamline payment processing on the platform and ensure encrypted transactions for customers globally.
Ingenico supports payment transactions through multiple payment methods, including debit and credit cards, mobile payments, and e-wallets. Thus, Binance’s partnership with Ingenico implies that the exchange’s customers can leverage a broad range of payment solutions to initiate transactions on the platform with increased ease.
The integration of Binance Pay with Ingenico will enable the exchange’s users to enjoy real-time payment processing and instantaneous payment confirmation in over 170 countries. With Ingenico’s robust payment infrastructure, the platform’s users will now be able to seamlessly buy, sell or transfer cryptocurrencies without incurring transaction delays.
Binance Pay is Binance’s latest payment solution, which allows users to send and receive cryptocurrencies through the Binance app with high speed and low fees. The platform supports leading digital currencies such as Bitcoin, Ethereum, and Ripple.
In conclusion, Binance’s partnership with Ingenico aims to enhance the payment experience of its global customers while ensuring secure and encrypted transactions. With this collaboration, users on the platform can expect a seamless payment process, choosing from multiple payment options for their transactions. This move will strengthen Binance Pay as a leading payment solution for cryptographic transactions and secure the position of the exchange in the global crypto market.
Keywords Explanation:
1. Binance: One of the world’s largest cryptocurrency exchanges
2. Ingenico: A global payment solution provider for multiple payment methods
3. Encrypted payments: Securing transactions with encryption technology to minimize security risks.
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