Credential Payments and Binance announced a new strategic alliance that reaffirms their commitment to the development of the digital payments industry.
Binance Pay has partnered with Credential Payment, which means that they will give businesses the ability to accept Binance Pay as a new means of payment. Under this modality, customers will be able to pay with crypto in real time, through Credencial Payments, responsible for the conversion to local currency, both in face-to-face and in-commerce modalities.
“Payments are one of the first use cases for cryptocurrencies, and we are convinced that their adoption has a lot of room to grow. Thanks to this alliance, users will be able to use Binance Pay to pay with the cryptocurrency of their choice. This is a new step in our ongoing efforts to promote global cryptocurrency adoption in a tangible way, bringing it ever closer to everyday life,” he commented. Maximiliano Hinz, director of Binance for Latam Cono Sur.
About, Ignacio Szperling, Strategy Manager at Credencial Paymentscommented: “The agreement with Binance will allow us to bring the best of the crypto world closer to the traditional one, promoting new means of payment and simplifying operations for the purchase and sale of products (and services) for both businesses and consumers”.
In line with the company’s ongoing efforts to promote crypto adoption in a tangible way, Binance offers other solutions that allow cryptocurrency to be used for everyday purchases. In August of last year, the Binance Card, an international prepaid card, was launched. Argentina was the first country in Latin America to have this product, which was later also launched in Brazil and Colombia.
Source: Ambito
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