Binance cryptocurrency exchange has partnered with Worldpay, a payment company, to make it easier for people to buy crypto. Now, users can use Apple Pay and Google Pay to buy cryptocurrencies on the Binance app or on the website anytime they want.
They can use their credit or debit cards that are already linked to Apple Pay or Google Pay to buy crypto in a quicker and easier way.
Binance announced this new feature in a blog post, explaining that it’s more than just a technical update. The platform said this change will make buying crypto faster and more convenient for users.
“This integration brings Binance’s fiat-to-crypto experience even closer to the convenience and speed users expect from their daily digital payment tools”. Binance said.
According to Thomas Gregory, Binance’s VP of Fiat, “This integration brings Binance’s fiat-to-crypto experience even closer to the convenience and speed users expect from their daily digital payment tools.”
Millions of people already use Apple Pay and Google Pay for everyday purchases like shopping online or paying for subscriptions. Now, those same payment methods are being conveniently used to buy crypto, making the process just that much easier.
Worldpay processes over $2.3 trillion in transactions every year. With this partnership, Binance ensures that users can make secure and smooth payments when buying crypto, no matter where they are in the world.
Moreover, Binance is using this as a strategy to expand its fiat-to-crypto gateway service. In 2024, Binance intensified its coverage of fiat with over 125 currencies and introduced more than 1000 different payment methods.
The platform also added new services in more than 20 countries, including in Africa, where mobile payments are commonly used.
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