Binance to bring Bitcoin payments to Shopify via new partnership

NewsAugust 5, 2021

xm.com logo – Get the 30$ trading bonus for FREE (No deposit required). Click here

Binance Pay users will be able to pay across merchants of Alchemy Pay’s partners, including e-commerce giant Shopify and software technology firm Arcadier.

Binance partners with Alchemy Pay to support Bitcoin payments on Shopify

Binance, the world’s largest cryptocurrency exchange by trading volumes, continues actively expanding into the crypto payments industry through a new crypto-to-fiat integration.

The company announced Tuesday a partnership with crypto-fiat hybrid payment platform Alchemy Pay to enable peer-to-peer (P2P) crypto payments at over 2 million global merchants through its payments application Binance Pay.

The new integration will allow users and merchants to pay and accept payments using 40 supported cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) in 18 countries where Alchemy Pay operates. Binance Pay users will be able to pay across merchants of Alchemy Pay’s partners, including e-commerce giant Shopify, software technology company Arcadier, mobile payment provider QFPay and others.

Founded in 2018, Alchemy Pay operates a global crypto-fiat payment gateway through 300 fiat and crypto payment channels in 65 countries, according to the company’s website. The company’s merchant networks also include Hong Kong’s biggest furnishing company Pricerite, Singapore’s Cé La Vi, Canadian footwear brand Aldo and Midwest Global Asia taxi services.

The firm is also running its own token, Alchemy Pay (ACH), an Ethereum-based token used to incentivize the ecosystem and access to the network’s consumption and governance. The ACH token has been seeing a skyrocketing surge recently, with its price rising more than 1,680% over the past 14 days.

At the time of writing, ACH is trading at $0.024, up nearly 100% over the past 24 hours, according to data from CoinGecko. On Tuesday, the token was listed by major global crypto exchange Coinbase.

[vcex_button url=”https://www.binance.com/vi/register?ref=AI11V6OZ” title=”Visit Site” style=”flat” align=”center” color=”green” size=”small” target=”self” rel=”none”]REGISTER BINANCE ACCOUNT[/vcex_button]

investiki.com

Read more: Binance

guest
0 Comments
Inline Feedbacks
View all comments