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POS terminal manufacturer Ingenico has teamed up with Binance to pilot in-store cryptocurrency payment acceptance, in France

24 februarie 2023

Crypto exchange Binance and France-based payments firm Ingenico announced a strategic partnership to ease crypto payments in France. Binance on February 22 said the company has partnered with Ingenico, a global payment solutions firm, making it easy for users to pay through Binance Pay. It considers the partnership as another milestone for global crypto adoption. The partnership made crypto payments easier in France.

This offers an in-store cryptocurrency payment acceptance solution in places with Ingenico’s AXIUM payment terminals. France is a key European country for Binance amid the MiCA regulation and also has its headquarters. It will allow consumers to pay in cryptocurrencies at physical points of sale and allows merchants to easily accept payments in more than 50 cryptocurrencies through Ingenico payment terminals. It has the largest payment terminals installed in the world. Furthermore, it will be the first crypto payment acceptance solution in France, with two catering (Le Carlie) and retail (Miss Opéra) merchants.

The integration of Binance Pay into Ingenico payment terminals will be expanded to other countries in Europe.

Michel Léger, executive vice president at Ingenico, said: „As a leading payments ecosystem accelerator, we are excited to partner with up-and-coming brands like Binance to bring cryptocurrency payments to retail for consumers around the world.”

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?