B2BinPay Opens A New Chapter In Crypto Payment Solutions With v17 Update
Hong Kong, 8th September 2023, ZEX PR WIRE, The latest update for B2BinPay v17 has recently been launched, offering a significant improvement in the crypto payment process. With B2BinPay, merchants and enterprises are able to transact global crypto transactions securely. Businesses can seamlessly engage with the growing cryptocurrency market with B2BinPay due to its ease of integration.
Besides enhancing the existing capabilities of the company, the new release includes new features, improvements, and fixes to address the diverse needs of the company’s Enterprise and Merchant clients.
Brand New Settlement Variants in EUROC and TUSD
Stablecoins provide predictability and security in a market characterised by volatility. With the release of version 17, B2BinPay offered merchant clients the option of settling payments in five key currencies: Bitcoin, USDT, USDC, USD, and EUR.
By adding TrueUSD and EuroCoin to the Merchant Wallets, the v17 update recognises the need for more stable transaction options. Merchants can now enjoy an expanded selection of payment choices, featuring 14 cryptocurrencies, 14 stablecoins, and 25 tokens, all of which can be automatically settled in seven mentioned currencies.
Additionally, the new features enable merchants to handle payments and settlements across various token standards, including ERC20, BEP20, and TRC20. These enhancements provide them with increased flexibility in managing payments and settlements for their clients.
Adding Euro Coin is especially exciting for B2BinPay and its users. EURC is a stablecoin backed by the euro, which was issued by Circle, the company behind USDC. USDC is the second most valuable stablecoin after USDT (market cap exceeding $25 billion).
For businesses operating within the Eurozone, the EUROC stablecoin offers several benefits and stands among the top 18 stablecoins in the market.
Expanded Range of Currencies for Enterprise Clients
Designed for businesses that work exclusively with cryptocurrencies and maintain their holdings in the same cryptocurrency they receive, the B2BinPay Enterprise blockchain wallet solution offers a comprehensive ecosystem.
The v17 update from B2BinPay significantly broadens token support for enterprise clients by adding 14 stablecoins and 113 new tokens across 14 unique blockchain networks, such as Ethereum, TRON, and Binance Smart Chain. This expansion builds upon the platform’s already strong foundation.
Improved Price Model
Version 17 also comes with a renewed and more competitive pricing module for merchants and enterprises.
From now on, merchants will pay only $500 for setup, and commission fees have been reduced from 0.5% to 0.4%. New commission tiers are now available, going as low as 0.25%, enabling high-volume merchants to benefit from more cost-effective solutions at a lower commission rate.
The setup charge for enterprise blockchain wallets has been reduced from $1500 to $1000. This cost is now extended to activating wallets for Ripple, Stellar, and Binance Coin, as well as smart contracts for Ethereum, Binance Smart Chain, and TRON. In essence, no additional activation fees are buried in the setup cost. Additionally, the company has introduced new commission levels with starting rates of 0.4% and going as low as 0.05%, further increasing the competitiveness of its enterprise products.
Improvements in Interface and Experience
The Rates Tab has been updated to feature new filtering capabilities by currency type, an alphabetical search tool, and a section for your favourite currencies.
By implementing these changes, users will be able to navigate more efficiently and make more informed decisions. Furthermore, the team at B2BinPay has introduced detailed onboarding notes that provide users with guided tours and explanations, making it easier for them to navigate the system as a whole.
Furthermore, you can now view payout fees in your preferred currency and have the flexibility to input custom fee values, enhancing clarity on transaction expenses.
Usability Enhancements and Functional Upgrades
B2BinPay’s team has rolled out several updates to enhance the platform’s usability and functionality. These improvements include advanced search features, currency-type grouping, and active-state categorisation in dropdown menus. The company has also added an email notification feature for reports and removed the 7-day expiration limit on merchant invoices.
The removal of wallets with no balance and no deposits is now possible thanks to a new “Delete Wallet” button, which will help users manage their wallets more effectively.
In addition to organising wallet tables by currency and ID, enterprise users can now benefit from enhanced QR code generation that allows the addition of token icons as a new layer over the QR code. Users also have the flexibility to add or remove IP addresses individually. A password confirmation will appear in a pop-up window when making changes to the IP whitelist.
Client Service and Consistency on All Devices
B2Broker’s solution has enhanced its Helpdesk with real-time notifications, including an “unread counter” that indicates how many tickets have new messages and allows you to be notified as soon as they are received.
As part of B2BinPay v17, users will be able to enjoy a well-rounded experience that enhances both their personal and enterprise needs. As part of the ongoing development of the platform, Versions 18 and 19 are already in the process, which will bring additional features and improvements to meet the evolving needs of the company’s diverse user base in the future.
In order to demonstrate the company’s dedication to innovation, it recently partnered with Ledger to offer devoted and recently onboarded B2BinPay customers limited-edition, custom-branded Ledger Nano X wallets. For the 2023–2024 La Liga season, B2BinPay is also an official sponsor of the Athletic Club, increasing its exposure and promoting cryptocurrency payment systems.
These partnerships and the introduction of v17 serve as evidence of the company’s unwavering commitment to quality and client pleasure.
ZEX PR Wire offers massive Press Release, News, Authored Articles, Editorial services, geared at generating massive exposure for your unique project, business, or concept.
ZEX PR WIRE is a premium press release distribution provides end-to- end solutions to produce, optimize and target content and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, ZEX PR WIRE serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.
Disclaimer: ZEXPRWIRE is a newswire distribution network. Articles and other content published by ZEXPRWIRE are the legal responsibility of the author and ZEXPRWIRE accepts no liability for the content of such material. ZEXPRWIRE publishes content for informational purposes and makes no representations regarding, recommendation or invitation to engage in, any form of financial or investment activity, and does not endorse the content of any material published.
ZEX PR WIRE allows users to submit their press releases through our online platform. Once submitted, our team reviews the content for quality and relevance. Upon approval, the press release is distributed to our extensive network, including major news outlets, industry-specific publications, and online platforms.
You can streamline the distribution process while still benefiting from human oversight. This ensures that your press releases meet quality standards, increasing the likelihood of media coverage and enhancing your brand's visibility.
ZEX PR WIRE accepts a wide range of press releases, including product launches, company announcements, event promotions, new partnerships, industry insights, and more. However, we do not accept press releases containing offensive or illegal content. For more information on this please visit https://zexprwire.com/editorial-guidelines/
Pricing for using ZEX PR WIRE varies depending on the distribution package you choose. We offer different plans to suit various needs and budgets. For detailed pricing information, please visit https://pr.zexprwire.com/pricing
You can view the total number of site submissions, status for each submission (live/pending), hyperlinks for each live PR, details pertaining to your package and number of press releases remaining, and view count for each live PR through third-party tracker integrations. (You may change the content according to what we provide in analytics).
ZEX PR Wire operates between 10AM to 7PM IST. During these hours, press releases may be distributed immediately after editorial approval of the press release. Otherwise, it will be published the next day. Additionally, several publications might require more than one day to be completed.
It generally takes 24- 72 hrs to publish the press release and generate the report
Yes, ZEX PR WIRE allows you to schedule the distribution of your press release for a specific date and time. This feature enables you to plan your PR campaigns strategically and ensure that your news reaches the right audience at the right time.
If you have any further questions or need assistance, you can reach out to our customer support team through direct Whatsapp ,chat on the web or can write to us at [email protected]. We are available to help you with any queries or concerns you may have.