Binance, a global cryptocurrency business, has launched Bifinity.
In Brief:
Bifinity is a fiat-to-crypto payments technology provider.
The PayTech business will help give businesses the tools to adopt cryptocurrencies.
They’ll be able to offer their customers direct crypto to fiat transactions.
What does this mean?
Bifinity, the new PayTech arm, has announced it will enter a strategic partnership with digital asset business EQONEX. It’s also partnered with Chekout.com and Paysafe to help “grow the Web3 economy”. All in all, it aims to make life easier for consumers and businesses who want to spend their cryptocurrency.