- Binance integrates Apple Pay and Google Pay for crypto purchases.
- The exchange adds 18 payment channels to enhance crypto access.
Binance has announced a new partnership with Worldpay, a leading payment processing company. This will make it easier for users to purchase cryptocurrency. With this collaboration, Binance allows its customers to use both Apple Pay and Google Pay for direct fiat currency transactions through its payment system. The service enables users to purchase cryptocurrency through credit or debit cards from their associated Apple Pay or Google Pay digital wallet from their desktop or mobile app.
Binance Adds 18 New Payment Channels
Millions of users across the globe use Apple Pay and Google Pay during their everyday activities for purchasing both subscriptions and conducting transactions on multiple online platforms. The fiat-to-crypto system of Binance now incorporates payment methods which offer users more comfort and faster cryptocurrency purchases.
Users, invaluable to the world of cryptocurrency, require fiat-to-crypto onramps for entry. The onramps connect the conventional money systems to decentralized finance structure. Unbanked or underbanked people who desire investment options and wealth accumulation in the digital economy need these onramps because they offer access to traditional banking services. Binance increases cryptocurrency accessibility through the integration of popular payment options such as Apple Pay and Google Pay.
Binance dedicates its efforts continuously toward enhancing its fiat infrastructure to develop accessible payment systems for all users. During the previous year, Binance implemented a service expansion that enables users to transact cryptocurrency through more than 125 fiat currencies by utilizing over 1000 different payment methods throughout the world. The expansive initiatives of crypto have introduced these new regions to its services, particularly among locations whose financial systems remain under development.
Binance experienced fundamental growth in its global expansion during 2024. Binance launched 18 new payment methods, which the platform developed to serve retail and corporate users through mobile wallets and local bank partner solutions. In addition, Binance implemented a regional strategy to create payment solutions, which established beneficial local connections enabling users from multiple regions to easily acquire cryptocurrency.
Worldpay Partnership to Expand Crypto Access with Easy Mobile Payments on Binance
One of the key successes has been Binance’s growing user base. In 2024 active users of Fiat & P2P conducted follow-up transactions exceeding 60% because they trusted and enjoyed using the platform. Binance adds Apple Pay and Google Pay to its platform as it is dedicated to improving service quality through user-friendly crypto interactions.
Digital wallets provide preferred payment solutions to millions of users, and local communities throughout the world consider them their main financial transaction method. Nabil Manji from Worldpay’s FinTech Growth sector explained that the Binance integration brings crypto to users through a familiar and secure e-commerce experience.
The VP of Fiat at Binance, Thomas Gregory declared that working with Worldpay was an inevitable move because Worldpay holds the position of leading digital payments worldwide. In addition, the support of commonly used digital wallets enhances access to crypto through mobile-first platforms that Binance provides to its users. The integration delivers the most significance to markets where credit cards are rare yet mobile devices are commonplace.
Lastly, Apple Pay and Google Pay integration with Binance’s debit currency onramp platform provides users with enhanced accessibility for entering digital asset markets. Binance extends cryptocurrency accessibility worldwide by implementing user-friendly payment procedures with established payment solutions.
