Crypto Payments Explained

Crypto payments are becoming more widely accepted by retailers, individuals, and businesses. While you can transfer funds manually, payment gateways provide a simpler way to accept crypto payments. This saves you from manually copying addresses and making mistakes. You can also use a crypto debit or credit card to make fiat payments with crypto you have in a linked account. Crypto payments provide a cheap, quick, and fast way to transfer funds. There’s no need to use local fiat currencies for international transfers. A payment service will often be more intuitive than a wallet and also have customer support. On the other hand, a payment gateway provides less control, may charge fees, and takes longer to set up than a standard wallet. You can start making crypto payments by using Binance Pay. The service is available to all Binance users with a crypto wallet and charges zero fees. Once you’re ready, you can begin making payments to any other Binance Pay user or supported retailer. You can also order a free Binance Card if you prefer making payments with a credit or debit card.