Binance Pay Expands QR Code Payments to Seven Countries

Binance Pay has expanded its QR code payment functionality to seven countries, making it easier for users and merchants to conduct cryptocurrency transactions.

The new feature allows users to pay merchants via a simple QR scan, reducing the margin for error in manual wallet address entry and providing real-time settlement.

Binance Pay has seen steady growth since its launch in 2021, processing over 1.2 billion transactions globally across peer-to-peer transfers and retail payments.

The service's appeal lies in its borderless functionality, which benefits both local businesses and international commerce.