TechFlow news, February 3 — According to an official announcement, Binance Pay has formed a strategic partnership with xMoney, a European Web3 payment service provider. This collaboration will enable Binance Pay users to directly use cryptocurrencies for payments across xMoney's network of over 20,000 merchants, covering sectors such as luxury goods, travel, gaming, and public services.
As a MiCA-compliant payment provider, xMoney’s integration expands Binance Pay’s global merchant network to more than 32,000. Data shows that the number of Binance Pay merchants grew from over 8,900 in December 2023 to more than 12,000 by the end of 2024, reflecting a 36% year-on-year increase. xMoney has already provided cryptocurrency payment solutions for public services in regions including Liechtenstein and Lugano.
