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Binance Pay is now allowing users to top up their mobile phones with cryptocurrencies through a new strategic agreement.
Contactless cryptocurrency payment platform Binance Pay has introduced an international mobile top-up service, allowing users to pay for calls, texts and data in cryptocurrencies.
Provided by cryptocurrency exchanges binanceThe platform supports over 70 cryptocurrencies including BTC, ETH, BNB and BUSD.
New partnership with Binance Pay DT oneSingapore-based micropayments platform, which supports cross-border transfers of mobile top-ups, data bundles, game pins and gift cards, will enable the platform to offer new mobile top-up services.
This allows Binance Pay users to direct their mobile phone top-ups to their carrier of choice. AT&T, Saudi Telecom, glove and AIS.
“The partnership between Binance Pay and DT One allows us to provide users with easier recharge services and more opportunities to use cryptocurrencies.” Pawning Luke, Regional Head of Business Development for Binance Pay. “We look forward to working closely with more global partners like DT One to further develop crypto adoption around the world.”
Peter de KalweDT One’s CEO has said the partnership with Binance Pay is “another important step” in their mission to improve global connectivity for consumers.
“Binance Pay and DT One will bring fast, secure and low-cost mobile replenishment solutions to more people, thereby promoting financial inclusion,” he adds.
Crypto extension
The evolution of cryptocurrency applicability, as embodied in this partnership between Binance Pay and DT One, has transformed the technology from a new form of payment to a trusted form of payment that is becoming increasingly popular at checkouts worldwide. We are evolving.
This trip is probably Solve the mystery of the cipher report, the latest version of which was published Checkout.com 2022.
In this edition, the report explores the use cases of cryptocurrencies in different scenarios. Especially when it comes to commerce, the data shows a sharp increase in the number of consumers actively seeking to complete purchases in digital currency.
According to the survey results, 40% of 18-35 year olds confirmed their desire to use cryptocurrencies as a legitimate payment method. This consensus is a 10% increase from the figure recorded the previous year.
Conversely, when asked, 80% of businesses recognized that being able to support cryptocurrencies as a payment method is a positive way to attract new customers. While showing a decrease in chargebacks, 3 out of 5 companies have higher approval rates when accepting payments in cryptocurrencies.
The report’s findings are: paysafe4 out of 5 cryptocurrency owners would like to pay for real-world goods through their cryptocurrency wallets, according to the report.
Six months after these findings came to light, the partnership between DT One and Binance Pay is meeting this demand in a new way for the industry.
However, Binance itself is battling various regulatory scrutiny amid continued volatility in the broader cryptocurrency market, making it difficult to accurately determine the true impact of its mobile top-up service.
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