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Binance Pay Partners with xMoney to Expand Crypto Payment Access in Europe
Binance Pay has partnered with xMoney to enhance crypto payment access for European customers. Key points include:
- Users can make direct payments from Binance accounts, bypassing traditional methods.
- Integration with xMoney's network improves transaction speed and efficiency across various industries.
- xMoney collaborates with government agencies, allowing tax payments in digital assets.
- Binance Pay's merchant network is projected to grow from 8,900 in December 2023 to over 12,000 by December 2024, a 36% increase.
- Binance Pay has processed over $120 billion in transactions since 2017, with the new partnership aimed at accelerating this growth.
- Additional partnerships include CoinGate and others, expanding service offerings in digital payments.