Binance the largest cryptocurrency exchange is planning to move towards crypto payments technology by launching its crypto payment provider.
Bifinity supports more than 50 cryptocurrencies like Bitcoin and Ether and other popular payment platforms like Visa, Mastercard and many others.
The new subsidiary allows the buy and sell of crypto services and as well an API integration facility to enable crypto payments in apps. So, it is beneficial for developers and software companies.
Bifinity has partnered with several crypto firms, named Eqonex, a Nasdaq-listed digital asset investment firm.
Apart from Eqonex, Bifinity will partner with major crypto wallet providers and blockchain platforms, including Safepal and Ziliqa, to offer crypto payment services.
Besides, Bifinity is partnering with specialised payments platform Paysafe and the global payments processor Checkout.com.
Bifinity president Helen Hai said crypto and the Web3 economy continue to grow.
The purpose of this subsidiary is to promote global money freedom and mass crypto adoption.
Author Name : Kiran Sagar