Binance, one of the world’s largest cryptocurrency exchanges, has announced a new partnership with Worldpay, a global payments provider, to integrate Apple Pay and Google Pay into its fiat onramp system.
This move enables users to buy cryptocurrencies directly using cards linked to these popular digital wallets on both desktop and mobile platforms.
Simplifying Crypto Entry With Trusted Payment Tools
By adding Apple Pay and Google Pay, Binance aims to make cryptocurrency purchases easier and more familiar. These payment methods are already widely used in everyday digital transactions, so their inclusion lowers the barrier for new users entering the crypto space. Users can now use the same tools they trust for shopping and services to buy crypto, without needing to go through complex banking steps.
This is especially helpful for people in regions with limited access to banking or where mobile payments are more common than traditional card use. With just a few taps, users can now start exploring digital assets with tools they already understand.
Building a Stronger Fiat-to-Crypto Bridge
Fiat onramps are essential for connecting traditional money systems with the growing Web3 economy. Binance’s update reflects the increasing demand for seamless and secure ways to move from cash to crypto. It also highlights Binance’s goal to support financial inclusion, particularly for people who are unbanked or underbanked.
Through its collaboration with Worldpay, which processes over 40 billion transactions each year across more than 135 currencies, Binance strengthens its infrastructure and reliability for users around the world.
Expanding Global Reach and Local Access
In the past year, Binance has also made major progress in expanding its fiat and peer-to-peer (P2P) services. By the end of 2024, the platform supported over 1,000 payment methods across 125 fiat currencies, allowing users to transact in their local currencies. New services were launched in over 20 countries, with a special focus on areas with limited financial infrastructure.
One key move was the rollout of mobile money systems in nine African nations, enabling easier crypto access for users who don’t rely on traditional banks. Binance also introduced 18 new fiat payment channels, including options for both individuals and businesses, such as bank transfers, card payments, and local mobile wallets.