Binance Partners with ivendPay to Bring Shiba Inu Payments to over 400 Global Merchants
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider has further extended Shiba Inu’s real-world use as a payment method.
Binance has recently announced that it has entered into a partnership with an international payment service, ivendPay. As per the announcement, the partnership will enable Binance Pay users to buy goods and services from ivendPay’s global network of over 400 merchants using more than 70 cryptocurrencies, including Shiba Inu.
Making crypto easy to use is key to adoption.#Binance Pay has partnered with IvendPay, a payment service operating in 7 countries with 400+ active merchants.
Binance users can now make crypto purchases across their entire international network. https://t.co/erun1paBLo
— Binance (@binance) April 23, 2023
ivendPay is a versatile payment service provider that offers a range of payment options to businesses, such as point-of-sale terminals, mobile apps, e-commerce platforms, APIs, and vending machines, making it easier for them to accept cryptocurrency payments.
This partnership comes at a time when ivendPay is focusing on expanding its services in the European market, with Portugal being a top priority. The company is already one of the largest cryptocurrency payment providers for vending and retail systems in the EU and is based in The FinTech House, Portugal’s largest fintech, regtech, insurtech, and cybersecurity hub, with notable partners such as KPMG, VISA, and BPI.
Binance Moves Shiba Inu Out of Innovation Zone:
In another exciting development, Binance has also decided to move Shiba Inu out of its innovation zone. The decision comes in response to the unprecedented surge in social activity surrounding the Shiba Inu ecosystem, driven by the recent launch of the Shibarium Public Beta Testnet, and its growing adoption rate.
Buy Gold with Shiba Inu:
Moreover, renowned gold dealers including APMEX, American Gold Exchange, Bullion Exchanges, and Best Bullion have recently joined forces with a leading crypto payment gateway, BitPay, to allow their customers to purchase gold using Shiba Inu.
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