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Bitfinex launches Bitfinex Pay, a crypto payment service

Bitfinex launches Bitfinex Pay, a crypto payment service

Bitfinex has launched the Bitfinex Pay payment service with support for Bitcoin, Ethereum and the Tether (USDT) stablecoin.

“Bitfinex Pay is a widget that enables seamless cryptocurrency payments,” says the company’s website.

The service also supports the second-layer network Lightning Network.

Bitfinex Pay does not impose any additional fees beyond those paid by users for processing transactions. The maximum payment is limited to $1,000.

To start using the service, merchants must create an account on Bitfinex and verify their identity. A sub-account will then be created. The widget is embedded on the merchant’s website.

Earlier, the cryptocurrency exchange Binance launched its own payment service.

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