Binance Pay and GoCrypto Bring Crypto Payments Close to Daily Use – Bitcoin News Release

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Press release

PRESS RELEASE. GoCrypto, a solution for traders to accept, store, withdraw and buy cryptocurrency, announced the integration of Binance Pay into the GoCrypto system, giving crypto users more options for using the crypto as a mainstream payment method, as they are meant to be.

The GoCrypto solution, developed by Elly – a fully regulated company, is currently available in 64 countries and is expanding into new markets as regulations evolve and allow it. GoCrypto allows online and physical merchants to accept instant payments with various crypto wallets.

The integration of Binance Pay into the GoCrypto payment network enables tens of millions of Binance app users to use over 40 cryptocurrencies supported by Binance Pay in thousands of GoCrypto sites across the world. Elly, the developer of GoCrypto, also showcased the multi-chain bridge for its native GoC token, which enables migrations between the SLP protocol on the Bitcoin Cash blockchain and Binance Smart Chain (BSC).

Without contact. Without limits. Secured.

GoCrypto has already made its home country of Slovenia the world leader in the number of stores and physical services accepting payments with crypto wallets, showing that it can greatly benefit the retail space and customer experience.

As Dejan Roljic, CEO of Elly, puts it:

“Interest in using crypto is growing daily and our solution allows crypto users to use currencies as intended – as a very convenient payment method. The connection between our system and Binance users will improve the usability and adaptability of crypto. The integration of Binance Pay into the GoCrypto network means instant accessibility of GoCrypto locations to tens of millions of Binance users, and much more. It is a strong sign of the digital age. Newer, better and faster payment options optimize merchant costs and improve their cash flow.

Changpeng “CZ” Zhao, CEO and co-founder of Binance commented:

“The ultimate goal of cryptocurrencies is to provide not only an alternative asset class for investors, but also alternatives to fiat currencies for everyday shopping. By partnering with GoCrypto, Binance Pay is taking a step forward in helping to bridge the gap between conventional financial systems and the crypto ecosystem, making the adoption of crypto for payments significantly easier.

About Binance

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a suite of financial products that includes the largest digital asset exchange by volume. Trusted by millions of people around the world, the Binance platform is dedicated to increasing the freedom of money for users and offers an unrivaled portfolio of crypto products and offerings including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com

About Binance Pay

Binance Pay is a contactless, borderless, secure user-to-user cryptocurrency payment feature on the Binance app with over 40 supported cryptocurrencies. Binance Pay allows users to pay, send, and receive encrypted payments around the world without incurring any fees. Binance Pay also allows merchant-based transactions, allowing users and traders to choose their preferred payment options.

GoCrypto, the world’s fastest growing crypto payment network

GoCrypto operates as a global payment system connecting crypto users, wallets, exchanges, cashier systems, payment solution providers, and merchants. It allows merchants with physical or online stores to accept instant crypto payments from different crypto wallets with millions of users and receive settlement in their local fiat or crypto. GoCrypto is available as a stand-alone solution for online and physical stores, or as a solution within the Elly point-of-sale terminal.

About the GoCrypto Token The GoCrypto Token (GoC) is a multi-chain utility token issued on the Bitcoin Cash (SLP) blockchain and Binance Smart Chain (BSC) via the newly “constructed” GoC Bridge, with Solana (SOL) to follow. soon. GoC is integrated into all Elly applications and services, and is used for payments on the GoCrypto platform and in the loyalty program.

For more information about GoCrypto and its developer, Elly, please contact us at [email protected].

This is a press release. Readers should exercise due diligence before taking any action regarding the promoted business or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, good or service mentioned in the press release.

Image credits: Shutterstock, Pixabay, Wiki Commons

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