B2BinPay cuts fees for corporate clients

The crypto-processing service B2BinPay has reduced the cost of accepting payments for businesses, added Cardano (ADA) support, and updated the site’s interface. ForkLog was told by the company’s representatives.

B2BinPay offers three models for accepting cryptocurrencies:

• Fiat Settlement — with automatic conversion of tokens into US dollars or euros;
• Crypto Settlement — with conversion of payments into Bitcoin (BTC), Tether (USDT) and USD Coin (USDC);
• Enterprise — with an extended toolkit and integration of custom blockchains and tokens.

The service’s technical support helps clients set up processing, on-chain and off-chain transaction handling, and automatic withdrawal of funds to external wallets.

In November, B2BinPay updated the Enterprise model: added Cardano (ADA) support, reduced the thresholds for payment volumes, and lowered onboarding costs from $1,500 to $1,000.

Fees for corporate clients with monthly payment volumes up to $1 million stood at 0.30% rather than 0.40%.

Data: B2BinPay.

Fees for processing under Fiat Settlement and Crypto Settlement are:

• 0.40% and 0.50% — for payment volumes up to $1 million;
• 0.35% and 0.45% — for volumes from $1 million to $3 million;
• 0.30% and 0.40% — for volumes from $3 million to $5 million;
• 0.25% and 0.35% — for volumes above $5 million.

B2BinPay — an Estonian crypto-processing service, which is part of the B2Broker ecosystem and verifies incoming payments using AML services Chainalysis and Crystal.

B2Broker — a provider of liquidity and technologies for cryptocurrency and forex markets. Among the company’s products are the cryptocurrency exchanges B2Trader and B2Margin, the trader’s dashboard B2Core, and ready-made solutions for launching trading platforms.

Earlier B2Broker entered into a partnership with the fintech Centroid Solutions.

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