Binance Teams Up with WorldPay: Crypto Just Got a Whole Lot Easier!

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In a twist that would make even Willy Wonka raise an eyebrow, Binance, the titan of cryptocurrency exchanges, has joined forces with Worldpay, the global payment wizard. 🪄

This magical collaboration means you can now buy crypto using Apple Pay and Google Pay directly through Binance’s app or website. No more fumbling with card details or setting up new accounts. It’s like buying candy with a wave of your phone! 🍭📱

Apple Pay and Google Pay Join the Crypto Party

In a move that’s as groundbreaking as finding a golden ticket, Binance users can now purchase digital assets using the debit or credit cards already linked to their Apple Pay or Google Pay wallets. 🎟️

According to Binance, this is part of their grand plan to make converting traditional currency into cryptocurrency as easy as pie. 🥧

This partnership brings crypto purchases in line with how people pay for everyday needs, like shopping, subscriptions, and transportation. It’s like Binance is saying, “Why make it complicated when it can be simple?” 🤷‍♂️

Digital wallets are the most popular payment method for millions around the world. By linking its services with apps people use and trust, Binance is reducing friction and lowering the entry barrier. It’s like giving everyone a golden ticket to the crypto chocolate factory! 🏭🍫

Binance also sees this as a tech solution that opens up access to anyone interested in cryptocurrency, especially those who are unbanked or underbanked. In areas where financial systems are weak or missing, mobile-first tools like this can become the simplest and alternative way for them to transact, invest, and save. It’s like bringing financial magic to the masses! ✨

In the published statement, Binance’s Vice President of Fiat, Thomas Gregory, said Worldpay’s strong global presence in digital payments made the partnership a natural fit. The move aligns with the exchange’s broader plan to reach users in regions with high mobile adoption but limited access to traditional banking. 🌍📲

The partnership also comes as Binance rolls out a new community-driven voting system to decide which tokens get delisted from the platform. It’s like letting the Oompa-Loompas decide which candy gets the boot! 🍬

Expansion of Access through Local Channels and Currencies

This partnership fits into a larger effort Binance has been making to expand its reach and simplify crypto access worldwide. In the past year, the company has launched 18 new fiat channels. These include bank transfers, local card networks, mobile wallets, and region-specific providers designed to serve individuals and businesses. 🌐💳

Binance users can now access crypto using over 1,000 payment methods across 125 fiat currencies. Services also launched in more than 20 new countries, including mobile money integrations in nine African nations with limited banking access. It’s like Binance is on a world tour, spreading crypto cheer! 🌍🎉

These efforts have paid off. In 2024, over 60% of users who used Binance’s Fiat and P2P services made repeat transactions, an indicator that the experience is working smoothly and earning user trust. Many crypto experts see the addition of Apple Pay and Google Pay as another strong move toward its mission of financial access. It’s like Binance is the Willy Wonka of the crypto world! 🍫🪙

Beyond this payment product, Binance has once more excluded Pi Network from its latest round of the Vote to List campaign. The initiative allows users to vote on which cryptocurrencies should be added to the exchange. In this round, 12 tokens were shortlisted, but Pi Network did not make the cut. It’s like being the only kid not invited to the chocolate factory! 🏭😢

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2025-04-07 18:23