Binance Pay, a contactless, borderless, and secure user-to-user cryptocurrency payment feature by Binance, recently announced its partnership with Splyt, a superapp enabler with a network of partners in more than 150 countries.
The partnership will “allow Binance users to seamlessly access ride-hailing services and experiences from within the Binance App.”
With this partnership, Binance “becomes the first-ever cryptocurrency ecosystem to offer ride-hailing services on its platform.”
By using Binance Pay, users can “access and complete Splyt transactions on the Binance App.”
The features and benefits of Splyt are “available directly within the Binance interface, without needing to close the mobile app or switch to other platforms.”
Users are also able “to pay for the services in their most preferred cryptocurrency.”
Pakning Luk, Regional Head of Business Development for Binance Pay, said:
“Binance Pay is proud to be partnering with Splyt globally as we expand our offering to our user base. Without leaving the Binance App, Pay users have the full capabilities of the Splyt service, allowing them to explore new places and experiences wherever they find themselves.”
The partnership with Splyt “enables Binance Pay to be the bridge between Binance and the retail world.”
Splyt’s network of partners “covers mobility in over 150 countries and offers over 300,000 trips, tickets, and things to do worldwide.”
Its on-demand network is already “accessible to billions of global smartphone users through existing partnerships with Alipay, Grab, Booking.com, and other leading superapps.”
Philipp Mintchin, Co-founder and CEO of Splyt, remarked:
“We’re thrilled to partner with Binance Pay, which is backed by the world’s leading cryptocurrency exchange, as it pioneers the integration of ride-hailing and evolves into a true superapp. Furthermore, Binance’s 90 million users will become an incredibly strong demand partner for our network of ride-hailing and experience providers.”
This announcement is part of Binance Pay’s ongoing efforts “to make cryptocurrency payments accessible and convenient for users.”
Recently, Binance Pay also “forged partnerships with TripleA and Artaverse.”
Binance Pay is ‘a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App.”
Binance Pay allows users and merchants “to send and receive crypto payments around the world without incurring special handling fees for using crypto.”
As noted in the update, Splyt is a superapp enabler and claims to be “the leading on-demand services network.”
It integrates ride-hailing, transfer, scooter, bike-sharing and experience providers “into superapps and travel platforms.”
A single integration with Splyt “enables smartphone users with a seamless one-stop experience without additional app downloads.”
Splyt is “backed by Grab, SoftBank, and American Express Ventures.”