TripleA and Binance partner for a new crypto payments option with the Binance Pay feature as we can see more today in our latest Binance news.
Binance chose crypto payment processor TripleA as a new universal crypto payment gateway for the Binance Pay payment feature on mobile apps. The new partnership will play a huge role in helping extend the glboal use of Binance Pay, as the Regional Head of Busienss Development Pakning Luk said:
“This cements Binance Pay’s mission in providing businesses and consumers a contactless, borderless, and secure cryptocurrency payment experience.”
This was corroborated by Eric Barbier who is the CEO and founder of TripleA who said that the company has seen more demand from businesses to enable crypto payments. The Asian online marketplace Novelship is among the retailers that will be using the payments gateway. The news came on the heels of the payment technology company Mastercard, which announced a team-up with the e-commerce company Mercado Libre to improve the security and transparency of the new crypto program in Brazil. Mastercard’s Ciphertrace technology will also help the company manage regulatory and complaince requirements.
In addition, the payment processor Stripe re-introduced BTC payments via a partnership with startup OpenNode. OpenNode will allow Stripe’s customers to accept BTC payments via a new app which will allow users to convert incoming payments and any amount of their account balance into BTC.
As recently reported, Binance US, the American affiliate of the world’s biggest exchange is now offering crypto staking services to its clients and it can expect that it will make it more competitive against other US-based rivals. The staking services are available to Binance US customers that hold any of the seven PoS cryptocurrencies like Solana, Binance Coin, Avalanche, Cosmos, Audios, The Graph, and Livepeer. According to the company’s Twitter account, more options will be made in the future now as Binance US rolls up new services.
Staking on Binance seems to lack a lock-up period which means stakers can unstake coins but it does charge some commission for facilitating the technical staking requirements. The initial coin offering which served as the cornerstone of the launch of the binance crypto exchange in 2017 is getting a new look from federal regulations.
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