Binance Pay Partners with XMoney to enhance access to encryption, and link users to thousands of merchants in Europe

summary:
• This partnership links Binance payments with more than 20,000 merchants, which simplifies cryptocurrency transactions across industries.

Binance Pay, which is a safe and smooth encrypted currency solution designed by BinanceIt has announced a partnership with XMoney, a main solution to web3 in Europe, to expand access to encryption payments for companies and consumers. The partnership connects Binance Pay users to the XMoney network, simplifying transactions by enabling direct payments from Binance accounts and simplifying the payment process.

This collaboration provides Binance Pay users, smoothly, to a variety of merchants, including luxury, games, travel and e -commerce, providing greater flexibility in how and their place to use it for cryptocurrencies. By removing the need for traditional transactions on the chain, the partnership ensures faster and effective and easy -to -use payment experiences for both consumers and merchants.

“This cooperation comes between Binance Pay and XMoney in a pivotal moment where an encrypted currency is adopted in prevailing trade and public services. The ability to pay the price of luxury goods, travel and even government services with Crypto shows how digital currencies have become a practical tool for daily transactions. Through partnership with XMoney, we offer a condition of use of encryption, and meet the increasing demand for safe and effective payment solutions. “

The XMoney network extends over 20,000 companies across industries such as luxury goods, travel, games, real estate and e -commerce, with a strong presence throughout Europe. The network also includes government agents such as the city of Logano and the National Administration of the Emirate of Liechtenstein, where citizens can pay the price of government services in encryption. This diverse commercial base highlights the increasing dependence of the cryptocurrency in both the commercial and public sectors throughout the region.

“The partnership with Binance Pay is an important step in a revolution in the bridge between Blockchain and traditional financing. By integrating Binance Pay, we expand our ecosystem and offer our users more flexibility and choice in how to deal with them,” added Greg Coreonis, CEO of XMoney Global. This cooperation confirms our commitment to innovation and enhancing the experience of payment for our traders and customers.

By concentrating the strong XMoney on compliance, the partnership benefits from a reliable and organized framework to support the accreditation of encrypted currency, providing a safe and reliable framework for cryptocurrencies.

With the partnership with XMoney, the Merchant Banka Pay has grown to more than 32000, which represents a great milestone in its development. This growth depends on an increase of 36 % on an annual basis, as it increased from more than 8,900 merchants in December 2023 to more than 12,000 by December 2024. The constant expansion indicates the commitment of the bank -pays to provide users with various opportunities to use the encrypted currency for daily purchases, from travel reservations to luxury goods, which are in line with the increasing demand for practical and accessible digital payment solutions.

About Binance Payment

Binance Pay is an unparalleled, do not contact with the user on the Binance application. Binance Pay allows users and merchants to send and receive encryption payments all over the world without incurring gas fees to use Crypto. The platform supports more than 300 encrypted currencies for peer to counterparts, and more than 80 encrypted currencies for commercial payments and serves millions of users and thousands of traders around the world.

About xmony

Xmony It is Trailblazer in the payment industry, combining the latest technologies with strong compliance with an ecosystem to pay safe and advanced payments. As a major member of MasterCard with European strategic licenses, XMoney continues to pay innovation in the scene of digital payments.