Binance has achieved an impressive milestone in its expansion plans as the crypto exchange has launched its payment service, Binance Pay, in Brazil. With Binance Pay, merchants in Brazil can now accept cryptocurrency payments, offering customers low fees.
Moreover, this service offers users access to real-time transaction payment processing and fast speed. In addition, Binance Pay allied with new partners such as WordPress, Weo Games, Valorant, and more.
Binance Pay Enters Brazil With Strategic Partnerships
The August 22 announcement noted that Brazilian-based Binance Pay users could use cryptocurrencies to pay for WordPress services and Weo Games. It enables merchants to offer alternative payment methods to customers at a higher speed and reduced costs. This can attract new clients, increase merchants’ profits, and expand Binance’s user base.
The announcement also disclosed that Binance Pay allows Brazil-based merchants…