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Kowloon, Hong Kong, September 7th, 2023, Chainwire
B2BinPay, a well-known crypto processing solution provider, presented a new 17th version of its platform – a significant update designed to give businesses an even better experience when it comes to accepting crypto transactions. This new version offers improved features, enhancements and fixes tailored to meet the needs of merchants and enterprises.
With its ease of use and integration, B2BinPay sets the standard for how businesses engage with the rapidly growing crypto market.
Improved Merchant Payment Flexibility with EUROC and TUSD
B2BinPay has taken great strides to ensure its customers can access secure and stable payment and settlement options. The introduction of TrueUSD (TUSD) and Euro Coin (EUROC) to its Merchant Wallets, compatible with ERC20, BEP20, and TRC20 token standards, provides merchants with a new level of flexibility in managing their clients' payments.
Merchants are now able to offer customers a wider range of payment options, with 14 coins, 14 stablecoins and 25 tokens available that can be instantly converted into seven different currencies: BTC, USDT, USDC, USD, EUR, TUSD and EUROC. The new addition allows businesses to mitigate the otherwise unpredictable risks associated with volatile markets.
EUROC is a euro-backed stablecoin available on Ethereum and Avalanche networks, created by Circle, the company behind USDC – a stablecoin currently boasting a market cap of over $25 billion and is the second largest stablecoin after USDT. By being among the top 18 stablecoins in circulation, EUROC provides an excellent payment solution for businesses operating within the Eurozone, allowing them to enjoy faster and more efficient payments with low transaction fees.
More Currency Options for Enterprise Clients
The B2BinPay Enterprise blockchain wallet solution, with its v17 update, has enabled corporate institutions to take advantage of a wider range of cryptocurrencies and tokens. Companies can now access 14 new stablecoins and 113 new tokens across various blockchains, including Ethereum, TRON, Binance Smart Chain and others.
This major update further elevates the potential of business operations by opening up new revenue streams and extending global reach. The B2BinPay Enterprise blockchain wallet solution is an ideal choice for companies who want to maximise their cryptocurrency holdings while maintaining security and control over their finances.
New Pricing Model
With the Version 17 update, users can now benefit from a much more competitive pricing structure. For merchants, setup costs have been reduced to just $500, and commission fees have been lowered to 0.4%. But that's not all – additional commission tiers starting at 0.25% make it cost-effective for high transaction volumes.
On the other hand, Enterprise blockchain wallet users will be happy to hear that setup fees have been reduced from $1,500 to $1,000. This fee now covers activating smart contracts for Ethereum, Binance Smart Chain and TRON, as well as wallets for Ripple, Stellar and Binance Coin. Moreover, commission tiers starting at 0.4% with prices going all the way down to 0.05% make these enterprise solutions even more attractive.
Better User Experience and Interfaces
The Rates Tab now offers an enhanced user experience with new filtering options based on currency types, an alphabetical search function, and a favourites section. These features make it easier for users to find the information they're looking for quickly and efficiently. To ensure a smooth transition for both new and experienced users, guided tours and explanations have been embedded in detailed onboarding notes.
Furthermore, users have the added benefit of viewing payout fees in their default currency and entering custom fee amounts for maximum transparency. With this update, users can be confident that they are making informed decisions when navigating the platform.
Enhanced Usability and Functionality
The B2BinPay team has made a number of modifications and additions to the platform to make it even more user-friendly, including the addition of features such as grouping by currency type or active status in dropdown menus and report email alerts, as well as search functionality.
There is now a 'Delete Wallet' button for people wishing to manage their wallets, which permits the removal of wallets with 0 balance and no deposits. Wallet tables may now be sorted by ID and denomination, and QR code production now includes token images as an additional layer above the QR code. Furthermore, any IP on the IP whitelist may be individually added or withdrawn, with password confirmation showing in a modal window.
Finally, users no longer need to be concerned about merchant invoice expiration restrictions, as this feature has been removed from the platform. B2BinPay is making digital asset transfers easier than ever before with all of these advancements.
Real-Time Notifications for Support Tickets and Improved Stability Across Devices
B2BinPay has taken strides to improve its customer experience with the introduction of a notification system for its Helpdesk, allowing users to be immediately aware of any new messages sent in regard to their support tickets. This service also features an "unread counter" that quickly shows the count of tickets awaiting a response.
B2BinPay v17 is an impressive update that showcases the company's commitment to providing users with an enhanced and efficient experience.
Recently, the company has joined forces with Ledger to create limited-edition custom-branded Ledger Nano X wallets for their clients. In addition, they are an official sponsor of the Athletic Club for the 2023/2024 La Liga season, which will help to increase exposure and raise awareness about crypto payment solutions.
With this update and these partnerships, B2BinPay has further demonstrated its dedication to providing top-of-the-line services and customer satisfaction, positioning it as the industry leader in cryptocurrency payment solutions.
We look forward to seeing what other innovative features they have in store for us with Version 18 and 19, which are already in development!
CHOW CHI WING