Melanie Mohr, Advisor of ivendPay: “We’re definitely seeing a strong demand from businesses to offer crypto payments. This is interesting even in the bear market driven by their consumers. We are pleased to work with Binance Pay and all our merchants worldwide to satisfy this growing market needs.”
The partnership will offer businesses and consumers a secure, borderless, and contactless cryptocurrency payment experience. With over 300 million users, Binance Pay acts as a bridge between Binance and the retail world. The partnership with ivendPay will unlock many opportunities in the crypto and blockchain space for merchants, including Electra, a popular electric scooter rental service in Europe.
“We are excited to partner with Binance Pay and ivendPay to provide our customers with a seamless and secure payment experience. This partnership will enable us to stay ahead of the curve in the ever-changing digital landscape, and we believe it will pave the way for further innovation in the crypto and blockchain space.”
Michalis Gkourtzidis, director of Electra
Electra is not the only retailer staying ahead of the crypto curve.
Yalla!Market is a new super-fast grocery delivery in Dubai, has expressed their desire to embrace the trend of contactless payment by partnering with ivendPay.
“As we see now, blockchain and cryptocurrency technologies are increasingly being adopted around the world. As YallaMarket and YallaHub companies are based in the UAE, a global hub of financial technology, we couldn’t stand aside. Moreover, our product development strategy is focused on our customers’ evolving demands. Thanks to Binance and ivendPay, we will be able to stay agile, adopt new payment technologies, and focus on providing the best customer service possible.”, Leo Dovbenko, CEO and Co-Founder of YallaMarket and YallaHub comments.
Overall, cryptocurrency and blockchain technology are rapidly evolving fields that offer many opportunities for businesses and consumers alike. As more merchants and consumers adopt cryptocurrency payments, it is likely that we will see continued growth and innovation in this space.
About Binance Pay:
Binance Pay is a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App. Binance Pay allows users and merchants to send and receive crypto payments around the world without incurring special handling fees for using crypto.
ivendPay is a fast-growing service that allows businesses to accept cryptocurrency payments through bank terminals, iOS/Android applications, e-commerce platforms and vending machines. They have received regulatory approval in 7 countries worldwide and another 2 on the go. IvendPay also expanding reach to the European market this year, starting with Portugal. Currently, Ivendpay is one of the largest cryptocurrency payment providers in vending and retail systems in the EU. Since 2023, Ivendpay has been a resident of the largest FinTech House in Europe, whose partners are VISA, KPMG, BPI and other companies. The office at FinTech House in Lisbon is Ivendpay’s European headquarters for providing crypto-processing services in the EU, which are now most actively developing in Portugal, Germany and other countries. To learn more, visit https://ivendpay.com