Binance launches new payment company Bifinity

[Meta Supplier]

Binance announces new payment company Bifity and with this company all payment services like Visa and mastercard will be supported, it looks like something exciting. It seems to make it easier to use cryptocurrencies in daily life.

 

[xReminisce]

Here the blog: https://www.binance.com/en/blog/eco...echnology-company-bifinity-421499824684903541
Looks nice, was upset that binance card isn't supported in my country, hope this goes global

 

[Reddex]

Looks very promising, love the innovation and products Binance is putting out!

 

[nakamura]

Thats amazing. Hopefully they can be a great alternative to Paypal. Also the NFT checkout feature seems promising.

 

[Hawkeye Digital]

It would be great for many dealers and expanding more services to consumers !

 

[GrowthStrategist]

Great for the world, unfortunately in the UK all banks have blocked Binance so you cant pay with card. The only way to buy crypto to open an account with Nationwide and buy through Coinbase, which charges you 5% because Coinbase are greedy

All other banks block both Binance & Coinbase because they want to make sure "our money is safe" lmao

 

[Rufai]

Here the blog: https://www.binance.com/en/blog/eco...echnology-company-bifinity-421499824684903541
Looks nice, was upset that binance card isn't supported in my country, hope this goes global

Me too. Let me try my card and see if it'll go through.

 

[Carlvensky]

Great for the world, unfortunately in the UK all banks have blocked Binance so you cant pay with card. The only way to buy crypto to open an account with Nationwide and buy through Coinbase, which charges you 5% because Coinbase are greedy

All other banks block both Binance & Coinbase because they want to make sure "our money is safe" lmao

But they give you an interest of 0.0000001%

 

[Rufai]

Me too. Let me try my card and see if it'll go through.

Seems like it's even more stricter @xReminisce

 

[xReminisce]

View attachment 204422
Seems like it's even more stricter @xReminisce

god dammit lol

 

[alternatesword]

So, it will be used as a payment processor to accept crypto for our product and service?

 

[Meta Supplier]

So, it will be used as a payment processor to accept crypto for our product and service?

I'm not sure but it would be better if they also serve for small businesses in the beginning.

 

[busyangel]

Good to know, Binance is actually topping in the crypto space.

 

[TaleSmith]

So it's gonna be another crypto.com competitor... Huh, I thought the purpose of blockchain was to make the web decentralized and anonymous...

 

[secureprotocol]

This one looks very promising.

 

[ExperimentalSEO]

So it's gonna be another crypto.com competitor... Huh, I thought the purpose of blockchain was to make the web decentralized and anonymous...

People will trade off the privacy and benefits of crypto in exchange for ease of transactions.

 

[TaleSmith]

People will trade off the privacy and benefits of crypto in exchange for ease of transactions.

This is sad, iI would really love to see crypto as a decentralization of finances and infrastructure. But seems it is going in direction of another superior way for banks and gov to control and track us peasants even more...
We really need more crypto devs to make decentralized crypto projects more user-friendly so that the general population starts using decentralized projects instead of centralized ones.

 

[seomaster5]

Binance is expanding very fast. At such, we can make money with this growth by investing in bnb coin.

 

[HustleTong]

I wish they surpass Paypal at some point

 

[AyhPhe]

I wish they surpass Paypal at some point

True! I have not used my paypal account for a long time from the moment I used binance.