Binance and TripleA collaborate on a cryptocurrency payment method
For its new universal crypto payment gateway for its Binance Pay payment function on its mobile applications, Binance has picked the cryptocurrency payment processor TripleA. A press release on June 10 stated that the new cooperation would be crucial in assisting with the expansion of Binance Pay’s use across the globe. Eric Barbier, the CEO and Founder of TripleA, reaffirmed this. He claimed that businesses are increasingly asking TripleA to support crypto payments. One of the businesses using the payment gateway is Novelship, an Asian online marketplace for limited-edition footwear, streetwear, and collectables. Regional Head of Business Development for Binance Pay, Pakning Luk, commented on the development as follows: This solidifies Binance Pay’s goal of giving customers and businesses a safe, borderless, and contactless bitcoin payment experience.
Eric Barbier, the CEO and Founder of TripleA, reaffirmed this. He claimed that businesses are increasingly asking TripleA to support crypto payments. One of the businesses using the payment gateway is Novelship, an Asian online marketplace for limited-edition footwear, streetwear, and collectables. The development follows Mastercard’s announcement of a partnership with Mercado Libre, a Latin American e-commerce company, to enhance the security and transparency of its crypto programme in Brazil. The e-commerce company will be assisted in managing regulatory and compliance obligations by Mastercard’s CipherTrace technology. Additionally, through a collaboration with cryptocurrency start-up OpenNode, payment processor Stripe just brought back Bitcoin (BTC) payments. Through a new software that lets users convert incoming payments and any amount of their account balance into BTC, Stripe’s clients will be able to accept Bitcoin payments.
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