Binance Brings Crypto Payments to Millions of Merchants in Japan through PayPay Partnership

Binance has launched Binance Pay at millions of merchants in Japan through its partnership with PayPay, allowing users from over 100 countries to make crypto-funded payments.

The service connects Binance Pay with PayPay's existing QR network via the HIVEX payment network, enabling seamless transactions for eligible overseas visitors.

Japanese residents are excluded from the rollout, which gives approximately 48 million eligible Binance Pay users access to millions of merchants across Japan.

Merchants continue receiving settlement in Japanese yen, while Binance Pay handles the crypto side of the transaction.