Overview
- Users can move funds via SWIFT, credit and debit cards, Apple Pay, and Google Pay, with no Binance fee on USD deposits made through SWIFT.
- Retail and corporate customers in eligible jurisdictions can store USD in a regulated e-wallet and spend balances directly on Binance for conversions or trading.
- BPay Global operates as a Payment Service Provider registered in the Kingdom of Bahrain and regulated by the Central Bank of Bahrain.
- Binance says the rollout lowers entry barriers and enhances the user experience, according to vice president of fiat Thomas Gregory.
- The October 22 launch expands Binance’s fiat access network to more than 70 countries and builds on recent payments and on-ramp updates reported this month.