Binance Partners with Ingenico to Enable Shiba Inu and Crypto Payments in France Stores.
The payment solution has been launched in France in its pilot stage, with plans to deploy it throughout Europe.
Binance, the world’s largest exchange, partnered with Ingenico, a global leader in payment acceptance solutions. The collaboration will introduce a payment solution allowing customers to pay with Bitcoin, Shiba Inu (SHIB), and other cryptocurrencies using Binance Pay at eligible stores.
Crypto payments just got easier in France 🇫🇷
Another milestone for global crypto adoption 🤝 pic.twitter.com/S8f8Pab7nW
— Binance (@binance) February 22, 2023
The solution, already deployed in France, is designed to accept Shiba Inu, Bitcoin, Ethereum, and over 50 digital assets on Ingenico’s AXIUM payment terminals according to an official announcement from Ingenico today. The development comes barely four months after Binance Pay added support for Shiba Inu.
Binance Pay system will enable direct SHIB and other crypto payments at physical points of sale, facilitating a streamlined customer experience.
Ingenico reports that enabling cryptocurrency payments can boost customers’ loyalty by catering to their preferences, as 93% of cryptocurrency holders expressed their willingness to use digital currencies for purchases if the option was available.