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Binance partners with French payment giant Ingenico

Binance partners with French payment giant Ingenico

Binance has partnered with French payment giant Ingenico to facilitate crypto payments and ensure global adoption of the crypto industry.

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March 3, 2023 13:55
Binance partners with French payment giant Ingenico
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Binance has partnered with French payment giant Ingenico to facilitate crypto payments and ensure global adoption of the crypto sector.Crypto exchange Binance and France-based payment firm Ingenico announced a strategic partnership to facilitate crypto payments in France.Binance said in a statement on 22 February that the company has partnered with Ingenico, a global payment solutions firm, making it easier for users to pay through Binance Pay. The partnership is seen as an important milestone in the global adoption of the crypto sector. With this partnership, Ingenico is planned to offer in-store cryptocurrency payment services where AXIUM payment terminals are available. This partnership will not only allow consumers to pay with cryptocurrencies at physical points of sale, but also enable merchants to easily accept payments in more than 50 cryptocurrencies through Ingenico payment terminals. Michel Léger, Vice President of Ingenico, said: “As a leading payment ecosystem accelerator, we are excited to partner with promising brands like Binance to offer cryptocurrency payments in retail for consumers around the world.” Binance is currently facing regulatory actions from regulators in the US. Finally, the SEC’s pressure on the crypto sector in the US caused Binance to cut ties with its partners in the US. Binance CEO Changpeng Zhao stated that Binance is particularly targeted by US regulators due to its influence in the crypto market.

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