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Binance Exchange Lands WorldPay Partnership, Here’s the Big Catch For Users
In a significant move to expand its reach and simplify cryptocurrency access worldwide, Binance has announced a partnership with Worldpay, a leading digital payments company. This strategic alliance will enable users to buy and sell cryptocurrencies using Apple Pay and Google Pay, further enhancing the exchange’s efforts to make financial services more accessible to everyone.
The collaboration is expected to be particularly beneficial for unbanked or underbanked individuals in regions where traditional banking systems are either non-existent or ineffective. By integrating mobile payments like Apple Pay and Google Pay, Binance aims to bridge this gap and provide a seamless experience for users across the globe.
This move aligns with Binance’s broader strategy of expanding its presence in underserved markets and areas with limited financial infrastructure. In the past year alone, the exchange has launched 18 new fiat channels, enabling over 125 fiat currencies and more than 1,000 payment methods worldwide.
Binance Vice President of Fiat, Thomas Gregory, emphasized Worldpay’s strong global presence as a key factor in this partnership. The move aims to provide users with an intuitive and secure way to access cryptocurrencies while also supporting Binance’s goal of financial inclusion.
Worldpay’s extensive network will enable seamless transactions for users who have previously faced difficulties accessing crypto services due to lack of bank accounts, limited accessibility or high transaction fees.
Source: https://www.coinspeaker.com/binance-exchange-partners-with-worldpay/
