Binance Partners With Virtuzone To Enable Digital Payments For Startups In UAE

Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies following the integration of Binance Pay. Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other regions. Targeting efforts in United Arab Emirate's (UAE) mainstream corporate sector, Binance partnered with business lender Virtuzone, allowing new entrepreneurs to repay loans using cryptocurrencies.Virtuzone joins the list of mainstream businesses in the UAE, such as....

Binance Pay users will be able to pay across merchants of Alchemy Pay’s partners, including e-commerce giant Shopify and software technology firm Arcadier. Binance, the world’s largest cryptocurrency exchange by trading volumes, continues actively expanding into the crypto payment industry through a new crypto-to-fiat integration.The company announced Tuesday a partnership with crypto-fiat hybrid payment platform Alchemy Pay to enable peer-to-peer (P2P) crypto payments at over 2 million global merchants through its payments application Binance Pay.The new integration will allow users and....

Customers who use the Binance Pay Wallet to pay for their orders will be eligible to enter a rewards program. Binance announced Friday that it has partnered with the Ukrainian supermarket chain VARUS, saying it will enable cryptocurrency payments for grocery purchases through its Binance Pay Wallet. The grocery store is one of the largest companies in Ukraine with over 111 stores across 28 cities in the country. The company said that this partnership will allow its customers to access instant cryptocurrency payments and fast delivery in 9 cities in Ukraine, namely; Kyiv, Dnipro, Kamianske,....

Point-of-sale services company Apriva has teamed up with cryptocurrency payments processor GoCoin in order to reach an even wider audience, allowing Apriva's 1,000+ channel partners to offer payments in bitcoin, litecoin, and dogecoin. "As the payments industry evolves, we want to empower merchants by giving their consumers the option to use the latest payment forms for their purchases," said Steve Beauregard, GoCoin CEO and founder. "Our partnership will enable Apriva's resellers and ISVs [independent software vendors] to provide their merchants the most comprehensive selection of payment....

Following a wave of unfavorable stories surrounding Binance in recent weeks, another player has decided to disassociate itself from the exchange. One of Binance’s payment partners in Europe, Clear Junction, has suspended facilitating payments to the crypto exchange. Clear Junction Cut Binance Off In recent weeks, Binance has had to deal with a slew of […]