Inswitch and Binance Pay Boost Crypto Payments in LATAM

Inswitch, a leading embedded financial technology and payments infrastructure company, and Binance Pay, the contactless, borderless and secure cryptocurrency payments technology developed by Binance, announced that they have Launch Strategy has signed a partnership.By teaming up, both parties can enhance their fintech solutions and offer Binance Pay to all traders in Latin America.

The agreement between Binance Pay and Inswitch will offer millions of LATAM merchants an exciting choice in the crypto space, enabling them to increase their revenue by adopting crypto and providing all businesses with new ways to process payments.

The new partnershipbrings multiple benefits to merchants:

  • Lightning-fast payments are made possible through receiving payments in over 50 cryptocurrencies.
  • Accept worldwide recurring payments for new products or models.
  • Inswitch provides APIs and solutions like managed checkout links to quickly set up Binance Pay and manage repeat customers.

Additionally, with Inswitch, traders can configure anything through the Inswitch Business Portal or create new digital journeys through flexible APIs and a range of low-code fintech products. Merchants have the flexibility to accept different payment methods that best suit their needs.

The deal will support different types of businesses: business-to-consumer, business-to-business, consumer-to-business. Binance Pay and Inswitch are designed to provide robust turnkey solutions for multiple industries including e-commerce, retailers, travel, CPG, banking and the gig economy.

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Source: Igaming