A well-known blockchain platform Pundi X has started a collaboration with Binance Pay. The collaboration will provide the services of Binance Pay to the XPOS devices of Pundi X. The payment service of Binance will enable the XPOS devices to facilitate people living in thirty countries with crypto payments in a comparatively convenient way.
Pundi X to Offer Crypto Transfers on Its XPOS Devices via Binance Pay Integration
Binance Pay permits customers to comfortably manage their crypto assets as well as perform transfers from their accounts on the top crypto exchange Binance. In addition to this, the payment service has its built-in security mechanism including support for multi-signatures and protected key management. This assists the consumers in guaranteeing the safety of their funds.
Zac Cheah, the chief executive officer of Pundi, stated that the collaboration is a development in achieving their pledge to offer convenience in crypto transfers that are available to all. The executive added that the prominent crypto exchange Binance has a significant position within the industry of cryptocurrency. In addition to this, Cheah mentioned that the respective collaboration offers an opportunity to add more merchants and consumers to the ecosystem of the blockchain sector.
The XPOS devices of Pundi X have been provided across more than 30 countries, including Japan, Brazil, and Turkey. With the utilization of the cutting-edge solution, the platform enables brick-and-mortar retailers to accept payments in crypto assets. With this, the consumers get a comfortable experience of transaction. As a consequence, XPOS has turned into a broadly used blockchain-based entity offering point-of-sale solutions across the globe.
Partnership Will Promote the Wide-Level Adoption of Crypto Payments, Says a Binance Pay Executive
Pakning Luk, Binance Pay’s Regional BD Head, commented on this partnership. The executive mentioned that the platform is enthusiastic to collaborate with Pundi X. As per the executive, the respective partnership will combine the accessibility, security, and efficiency of both the entities XPOS and Binance.
Luk moved on to say that the mutual objective of the partnering parties will be to expectedly further expand the broad-level adoption of crypto assets for payments. Binance Pay is known as a project released by Binance to offer payments in crypto assets across the globe without the restrictions faced by fiat currencies.
It offers secure, borderless, and contactless user-to-user crypto payments on Binance. It permits merchants and consumers to receive and send crypto payments in any country without the requirement of any special handling charges for crypto usage.
