Cryptocurrency exchange Binance has partnered with Worldpay to enhance cryptocurrency purchasing opportunities, allowing users to use Apple Pay and Google Pay.
Collaboration Between Binance and Worldpay
Binance has announced its collaboration with Worldpay, enabling users to purchase cryptocurrency using popular payment methods like Apple Pay and Google Pay. This is a significant step in expanding the platform's fiat payment capabilities.
Benefits of the New Integration
According to Binance, the integration with Apple Pay and Google Pay is 'more than just a technical update.' It reflects the company's commitment to providing new opportunities to users, especially in regions where credit card usage is limited, but mobile activity is high. 'By supporting the most widely adopted digital wallets, Binance enables new users to explore digital assets using tools they already trust,' the company stated.
Worldpay's Development in the Cryptocurrency Sector
The partnership with Binance is part of Worldpay's strategy to deepen its presence in the cryptocurrency market. In September 2024, the company began verifying blockchain transactions and is exploring becoming a validator, which involves monitoring and verifying transactions on digital ledgers. In 2024, Worldpay processed $1.3 billion in stablecoin transactions.
The integration of Binance with Worldpay marks a significant step in simplifying access to cryptocurrencies and demonstrates the sustained interest of both companies in expanding within this sector.