Binance, the world’s largest cryptocurrency exchange, announced that it has partnered with cryptocurrency payment gateway TripleA, to launch Binance Pay.
On June 10, Binance announced on its website that it had chosen TripleA as a global cryptocurrency payment gateway for Binance Pay.
Furthermore, collaboration is an important aspect of Binance Pay’s expansion strategy. It will expand its global footprint, attracting more merchants and customers.
Pakning Luk, Binance Pay’s regional chief of business development, said:
“We could not be more excited to announce TripleA as a strategic payment partner. This cements Binance Pay’s mission in providing businesses and consumers a contactless, borderless, and secure cryptocurrency payment experience.”
According to Eric Barbier, CEO of TripleA, crypto payment acceptability is expanding in the midst of fast crypto growth.
Many retailers, like Novelship, Asia’s fastest-growing online marketplace for limited-edition shoes, streetwear, and collectibles, will benefit from the relationship in the crypto and blockchain area.
Novelship’s CEO, Richard Xia, stated
“Thanks to TripleA and Binance Pay, we are able to stay agile, adopt new payment technologies, and meet our customers’ needs swiftly.”
Binance Pay has recently expanded its global footprint in a number of retail sectors. It enables consumers and merchants all around the world to send and receive cryptocurrency payments. In addition, Binance Pay is currently accepted in UAE malls and hotels.
Binance has been collaborating with a number of cryptocurrency exchanges and businesses in order to grow its global reach. In reality, Binance has grown to the United Arab Emirates, France, Italy, and Bahrain, as well as providing Binance Pay services.
Binance CEO “CZ” is visiting a number of Southeast Asian nations, including the Philippines, Vietnam, and Malaysia, in order to increase crypto and blockchain acceptance and cement the company’s leadership.
