{"id":140819,"date":"2023-09-01T22:54:10","date_gmt":"2023-09-01T17:24:10","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=140819"},"modified":"2023-09-01T22:54:10","modified_gmt":"2023-09-01T17:24:10","slug":"brazil-welcomes-binance-pay-elevating-crypto-transactions-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/brazil-welcomes-binance-pay-elevating-crypto-transactions-crypto-news\/","title":{"rendered":"Brazil Welcomes Binance Pay: Elevating Crypto Transactions – Crypto News"},"content":{"rendered":"

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Binance Pay, the global cryptocurrency payment solution from Binance, has debuted in Brazil, offering local merchants a seamless way to accept cryptocurrency payments. The new payment alternative promises to attract new customers, speed up processing, and reduce costs.<\/span><\/p>\n

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We\u2019re excited to announce that #Binance<\/a> Pay has now launched in Brazil! \ud83c\udde7\ud83c\uddf7<\/p>\n

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Local businesses in the country can now access all the benefits of accepting crypto payments, including increased speeds and lower costs.<\/p>\n

Find all the details below. https:\/\/t.co\/s2av5QsCNC<\/a><\/p>\n

\u2014 Binance (@binance) August 22, 2023<\/a><\/p>\n

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Binance Pay facilitates secure, contactless, and borderless cryptocurrency payments. It supports over 70 cryptocurrencies, including <\/span>Bitcoin (BTC)<\/span><\/a>, BNB, ether (ETH), and USDT. Users do not pay fees, while merchants can receive payments directly in Brazilian Real or crypto to their wallets.<\/span><\/p>\n

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\u201cBrazil registers one of the highest crypto adoption increase rates,\u201d said Guilherme Nazar, General Manager for Binance in Brazil. \u201cCompanies and merchants can now benefit from high processing speeds, low costs, and security provided by Binance Pay.\u201d<\/span><\/p>\n<\/blockquote>\n

Payment Accessibility in Brazil<\/b><\/h2>\n

Since its initial launch in 2021, Binance Pay has garnered over 12 million active users and processed over $98 billion in pay volumes. In Brazil, <\/span>Binance Pay<\/span><\/a> is partnering with Weo Games, a gaming store offering products from popular games like Free Fire, Valorant, and League of Legends, and website builder WordPress.<\/span><\/p>\n

As cryptocurrency adoption grows, merchants integrating crypto payment solutions like Binance Pay can reach a broader customer base and enhance their competitive advantage.<\/span><\/p>\n

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Moreover, merchants interested in incorporating Binance Pay into their checkout flow can easily do so by adding the Binance Pay entry point. Customers can then pay via Web checkout or the Binance App by scanning a QR Code and selecting the token in their wallet for payment.<\/span><\/p>\n

Embracing Crypto Payments for Business Growth<\/b><\/h2>\n

Binance<\/span><\/a> Pay allows businesses to accept cryptocurrency payments, increase consumer confidence in online purchases, and streamline checkout.<\/span><\/p>\n

By the end of 2023, 75% of US consumer-facing enterprises want to accept cryptocurrency payments, with 87% believing it would offer them a commercial advantage. Using cryptocurrencies as a payment method helps support client preferences, improves the user experience, and attracts new consumers.<\/span><\/p>\n

In Brazil, Binance Pay is set to accelerate the country\u2019s crypto adoption further and contribute to the global trend of cryptocurrency acceptance.<\/span><\/p>\n

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Kelvin is a distinguished writer specializing in crypto and finance, backed by a Bachelor’s in Actuarial Science. Recognized for incisive analysis and insightful content, he has an adept command of English and excels at thorough research and timely delivery. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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Binance Pay, the global cryptocurrency payment solution from Binance, has debuted in Brazil, offering local merchants a seamless way to accept cryptocurrency payments. The new payment alternative promises to attract new customers, speed up processing, and reduce costs. We\u2019re excited to announce that #Binance Pay has now launched in Brazil! \ud83c\udde7\ud83c\uddf7 Local businesses in the […]<\/p>\n","protected":false},"author":2,"featured_media":30609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-140819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=140819"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140819\/revisions"}],"predecessor-version":[{"id":147206,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/140819\/revisions\/147206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/30609"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=140819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=140819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=140819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}