Leading blockchain ecosystem and cryptocurrency exchange firm, Binance has decided to launch its fiat-to-crypto payments providers today. The payment technology corporation powered by Binance is known as Bifinity, which aids connection between businesses and users to the crypto and blockchain world. Building Crypto-Friendly Businesses with Bifinity Bifinity aims to help businesses gear up to become “crypto-ready.” Merchants can utilize Bifinity’s Application Programming Interface (API) to help build a business that can accept payments in cryptocurrency and can work according to crypto norms. According to Helen Hai, the President of Bifinity, crypto and the Web3 economy continue to expand and a greater demand to build a fiat-to-crypto payment is observed. Helen Hai believes that this can help bridge the gap between traditional capital institutions and decentralized & centralized crypto economies. “At Binance, the vision is to increase the freedom of money globally. With the launch of Bifinity, we aim to accelerate mass crypto adoption.” Additionally, it is known to extend its support to more than 50 cryptocurrencies across the globe, accepting all major payment methods, buy to sell crypto service for consumers, simple and seamless API integration for merchants, low-cost payment process fees for merchants, the top-tier KYC onboarding processes.The post Binance Launches Fiat-to-Crypto Payment Provider Bifinity appeared first on Cryptoknowmics-Crypto News and Media Platform.
