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Binance Expands Digital Asset Payments Across Japan with PayPay Integration

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JPY
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Binance Pay has expanded its payment network in Japan by integrating with PayPay-supported merchants. This allows eligible overseas users to spend digital assets at millions of merchant locations while businesses continue receiving settlement in Japanese yen.

The interoperability is being enabled through HIVEX, connecting Binance Pay with the local merchant payment infrastructure. The arrangement is designed primarily for international travelers, providing another way for visitors to use digital assets for everyday purchases without requiring participating merchants to change their existing settlement process.

About 48 million eligible Binance Pay users across more than 100 countries and regions can access millions of merchant locations in Japan through the new connection. The service is aimed at inbound travelers and covers common travel-related spending, including dining, shopping, accommodation, and other purchases.

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