- And they offer 3 months of zero commissions
- This is an important step towards accepting crypto payments.
Renowned payment gateway CoinGate has partnered with Binance Pay. This will allow companies to accept payments from crypto exchange users.
CoinGate operates throughout Europe and beyond. It provides a payment infrastructure for businesses – shops, cafes, various websites, and so on.
The integration between Binance Pay and CoinGate will give companies a convenient payment processing option. At the same time, Binance takes over the procedures for monitoring transactions.
The integration will also be convenient for clients of companies that will implement CoinGate and Binance Pay solutions. Crypto-friendly buyers will be able to pay for orders with the cryptocurrencies of their choice directly from their Binance wallet.
CoinGate CEO Eustace Paulius is confident that this partnership will accelerate the adoption of cryptocurrency:
“Our mission has always been to support the adoption of cryptocurrencies in every possible way. Joining forces with Binance Pay is one of the most important steps we can take now to contribute to this goal.”
The Binance Pay integration with CoinGate is enabled by default and is available through the standard menu. API access will be coming soon. For the first 3 months, clients will use transfers without commission. Then you need to pay 0.3% for the operation.
Binance Pay is slowly reaching more countries and partners. Recently, they began to cooperate with the payment operator CityPay from Georgia.