B2BinPay expands crypto-asset support in updated service version

The B2BinPay team released version 17 of the crypto-processing service with reduced fees, support for Euro Coin (EUROC) and TrueUSD (TUSD), and an updated interface, according to a press release.

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Before the update the service supported payments in Bitcoin (BTC), Tether (USDT), USD Coin (USDC), the US dollar and the euro. B2BinPay Merchant v17 users can accept payments in 13 cryptocurrencies, 17 tokens (Ethereum and BNB Chain) and six stablecoins (ERC20, BEP20, TRC20), including EUROC and TUSD. They also can withdraw funds in USD, EUR, USDT, USDC, TUSD, EURC and BTC.

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\”The support for Euro Coin will be particularly useful for companies operating in the Eurozone. It is a fully backed euro-stablecoin issued by Circle, which backs USDC, the second-largest dollar stablecoin on the market,\” commented Daniil Skitev, head of the marketing group at B2BinPay.

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Developers expanded the list of assets represented in the Enterprise Blockchain Wallet Solution, adding 14 stablecoins and 113 tokens. This solution provides a comprehensive ecosystem for corporate clients who prefer to work only with cryptocurrencies and do not convert them to fiat.

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In addition, B2BinPay reduced the setup cost of the Enterprise Blockchain Wallet Solution from $1500 to $1000, and the merchant fee for volumes up to $1 million in cryptocurrencies from 0.5% to 0.4%.

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The installation cost for merchants is $500. Clients can reduce fees to 0.25% by increasing transaction volumes.

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The service team also introduced a number of changes in B2BinPay v17 aimed at improving user convenience: refined dropdown menus, added currency-type grouping, and implemented search and email notification features.

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\”We removed the expiry date restriction on seller accounts, made QR code generation more convenient, and for those who want to manage their wallets more effectively, added the ability to delete wallets with zero balances. In the next version, our users will gain even more convenient features, so stay tuned for updates,\” said Artur Azizov, CEO of B2BinPay.

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B2BinPay is an Estonian crypto-processing service that is part of the B2Broker ecosystem and checks incoming payments using AML services Chainalysis and Crystal.

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Earlier, the French company Ledger, in partnership with B2BinPay released 1000 branded hardware wallets Ledger Nano X.