Binance Pay, Pyypl to Bring Users a Secure Online Transaction Experience

The world of blockchain and crypto is becoming ever more “integrated” into our everyday lives as the Web3 space continues to grow, according to an update from Binance.

To help their users do more with their Binance account, the digital asset firm has partnered with Pyypl, a non-bank digital wallet app that “gives users around the world access to the financial system via a smartphone.”

Binance users can easily “top up their virtual Pyypl Mastercard with Binance Pay and use it to shop online, pay bills, and transfer money in a secure way with just a tap.”

To enhance the deal, Binance users residing in select countries who top up their Pyypl wallet with “a minimum of $50 using Binance Pay can get a 5 BUSD token voucher directly credited to their Binance Pay account!”

As noted in the update, this offer is limited to users living in certain jurisdictions.

To learn more about how to top up your Pyypl wallet using Binance Pay, check here.

As explained in the announcement, Pyypl is “a multi-currency digital wallet that allows people around the world to securely use their money online.”

By connecting any smartphone owner to the financial system, Pyypl offers “an internationally accepted prepaid Mastercard.” With no extra paperwork required, users can “use that card to shop, transfer money internationally, pay bills, and much more.”

As mentioned in a blog post, Binance Pay is “a contactless, borderless, and secure crypto payment system created by Binance.” Users can “spend, send, or receive crypto anywhere in the world, all with zero fees.”

As covered, Inswitch has partnered with Binance Pay to “improve their fintech solutions and offer Binance Pay to all merchants in Latin America.”

Inswitch is an embedded Fintech platform aiming to help financial services provides to quickly provide digital offeerings. Binance Pay, part of Binance, is crypto apyment tech provider.

The partnership between the two companies is expected to provide millions of Latam merchants with options of accepting crypto, and enable all companies with a new way to service payments.

Ronald Alvarenga, CEO of Inswitch, said they are excited to “democratize the payment industry, connecting more than 650 million in Latam with e-commerces around the world.”

“Now merchants will have more options on how to get paid and let their customers choose how to pay wherever they are.”

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