Binance today, from fiat money to cryptocurrency announced the launch of Bifinity, a payment provider.
What is Bifinity?
bifinityPowered by Binance, businesses, merchants and millions of users crypto and blockchain is a payment technology company that connects the world of
Traders can use Bifinity’s APIs to get their businesses ready for the cryptocurrency world. At the same time, consumers can access a more secure and user-friendly trading crypto service.
Bifinity President Helen Hai said:
“As the crypto and Web3 economy continues to grow, we are seeing more demand for the transition from fiat to crypto to bridge the gap between traditional finance and the decentralized and decentralized crypto economy.
Binance’s vision is to increase monetary freedom globally. With the launch of Bifinity, we aim to accelerate mass crypto adoption.”
Bifinity, more than 50 cryptocurrency and will support major payment methods like VISA, Mastercard and more.
As for traditional finance, Bifinity, which aims to build a bridge between the world of cryptocurrencies and helps companies prepare for Web3, has also partnered with EQQNEX, which is publicly traded in the USA. In addition, the company, which has established different partnerships, aims to upgrade the payment processing infrastructure in cryptocurrencies.
As adoption for cryptocurrencies increases, we will see them being used more frequently in daily life. Companies that want to respond to this need in the future and are aware of the development have already started to work to be a pioneer in the sector.