Binance launches payments company Bifinity

Binance, the cryptocurrency exchange, announced the launch of the company Bifinity, which positions itself as an official payments provider in fiat and digital currencies.

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Learn about our services, and how we will be partnering with SafePal, Zilliqa, Paysafe, and https://t.co/QSB0QPYxFV to expand cryptocurrency access worldwide.https://t.co/PwlRt0JmfL#cryptocurrency #payments pic.twitter.com/IdFOLIoAXi

— Bifinity (@bifinity) March 7, 2022

“Bifinity’s advanced payment infrastructure connects companies, merchants and consumers with the world of cryptocurrency and blockchain technologies,” the blog states.

The new platform supports:

• more than 50 crypto assets;
• popular payment methods and systems such as Visa and Mastercard;
• “a simple, intuitive and seamless” API integration for merchants;
• low-fee payment processing.

Bifinity has also entered into partnerships with the Safepal, Zilliqa, EQONEX, and Checkout.com platforms.

Additionally, Binance announced the full resumption of euro and British pound payments through the SEPA and Faster Payments schemes.

#Binance fully reopens $EUR and $GBP bank transfer via SEPA and Faster Payments. https://t.co/fmFpPgneHw

— Binance (@binance) March 7, 2022

Visa and Mastercard stopped operations in Russia due to the war in Ukraine.

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