Binance has announced a partnership with Zapper that will allow over 31,000 South African merchants to accept cryptocurrency payments. This expansion enhances the accessibility of crypto payments for everyday transactions in the South African market.
Partnership Details and Impact
As of September 9, 2025, in collaboration with Zapper, over 31,000 South African merchants will be enabled to accept crypto transactions through Binance Pay. This expansion significantly broadens Binance's global network and includes various sectors like retail and hospitality.
> "Binance Pay is about giving South Africans freedom and flexibility in how they spend their money. Through our partnership with Zapper, tens of thousands of merchants are now available to users, and the cashback promotion encourages first-time crypto payments," said Yande Nomvete, Representative, Binance South Africa.
Technical Infrastructure and Cryptocurrency Support
The partnership will support over 100 different cryptocurrencies for these transactions. While exact liquidity data is unavailable, Binance Pay maintains more than 45 million active users globally, impacting market dynamics. The new technological infrastructure enhances user convenience and improves accessibility to financial transactions.
General Trends in the South African Cryptocurrency Market
The collaboration aligns with the South African Reserve Bank's modernization goals, fostering user interest in cryptocurrencies. Although specific funding details have not been reported, the initiative is expected to boost user engagement and improve the cryptocurrency economy in South Africa and beyond.
Thus, the new partnership between Binance and Zapper opens up new opportunities for cryptocurrency payments in South Africa, increasing accessibility and convenience for users and merchants.
