Binance integrates Apple Pay, Google Pay via deal with Worldpay

The cryptocurrency exchange binance expanded its Fiat gateway with Worldpay, allowing users to buy crypto using Apple Pay or Google Pay.

Binance has teamed up with Worldpay, a public payment processing company, to allow users to buy crypto with Apple And Google Pay Through its Fiat Onramp system.

In a Monday press releaseThe Crypto Exchange said that the addition of Apple Pay and Google Pay is “more than a simple technical update”, adding that this decision reflects “our commitment to meet users where they are, bringing them web3 to their conditions”. Binance says that the partnership is “particularly impactful” in regions where the use of credit cards is limited, but mobile penetration is high.

“By supporting the most adopted digital portfolios, Binance allows new users to explore digital assets using tools in which they already trust.”

Binance

This is not Binance’s first attempt to integrate into Apple Pay and Google Pay. In November 2022, the exchange allowed Crypto purchases with credit / debit cards via these payment methods. However, this version faced limitations, including specific restrictions on the device and the region.

For Worldpay, the last partnership marks another step in its efforts to deepen its presence on the cryptography market. Like crypto.News reported In September 2024, Worldpay plans to check the blockchain transactions for the first time, aimed at better understanding how the funds move in digital books.

The reports indicate that the international payment provider has already engaged in several blockchains to explore becoming a validator, a role that implies monitoring and verification of transactions in digital books. Sanchit Mall, Worldpay’s Web3 and Crypto Eadving in the Asia-Pacific region, noted that the idea of ​​the company was “to be part of the basic ecosystem”.

In 2024, Worldpay treated $ 1.3 billion in Stablecoin transactions, compared to less than $ 1 billion in 2023, although this still represents a small part of its total annual transactions volume, which amounts to 2.3 billions of dollars.