Binance Pay and xMoney have formed a strategic partnership aimed at enhancing access to crypto payments and integrating them into mainstream commerce.
Binance Pay Network Expansion
The partnership expands Binance Pay’s global merchant network to over 32,000 businesses, integrating xMoney's robust infrastructure to facilitate secure and seamless transactions. Known for adhering to the EU’s MiCA regulations, xMoney operates in industries like luxury retail, travel, gaming, real estate, and public services.
Executive Perspectives
Jonathan Lim, Global Head of Binance Pay, highlighted the transformative potential of the partnership.
Future of the Partnership
The alliance represents a significant milestone in Binance Pay’s growth strategy, which has already recorded a 36% year-over-year increase. Integrating xMoney’s merchant network is expected to drive further expansion, creating a broader ecosystem for crypto payments. Greg Siourounis, CEO of xMoney, emphasized the partnership’s role in bridging blockchain and traditional finance.
The collaboration between Binance Pay and xMoney opens up new opportunities in the world of cryptocurrency payments, addressing the growing demand for efficient and secure payment solutions in Europe.
