Cryptocurrency News

B2BinPay Revamps Its Platform with Updated Plans, Website, New Tokens and Merchant Models

By December 22, 2022 No Comments
B2BinPay Revamps Its Platform with Updated Plans, Website, New Tokens and Merchant Models

B2BinPay has recently unveiled a comprehensive set of changes to its cryptocurrency payment processing solutions, including reduced fees and pricing, updated Enterprise and Merchant Models, as well as other enhancements.

The company has also revamped its website to provide a more user-friendly experience. Additionally, the platform has seen several upgrades and new features added.

New Pricing Plans

The B2BinPay team has improved its pricing plans to provide more value for clients. The Merchant Models now feature revised volume thresholds and percentage tiers, which are reduced as outlined below:

To make it more cost-effective for Enterprise customers to use B2BinPay’s services, the company has lowered its onboarding fee from $1,500 to $1,000. Additionally, they have modified the threshold of percentage tiers in order to save clients money. Here are the updates:

No fees are charged for outgoing transactions, making B2BinPay one of the most competitively priced payment providers in the market.

Improved UI, Expanded Functionality, and the New Website

The B2BinPay team has completely revamped its website to offer customers more accessible and informative content. Detailing the products and services provided by the company, the newly designed website makes it easier for visitors to learn about what they can expect from the solution. All of this useful information is now available in a much more user-friendly format.

B2BinPay has created a detailed guide to On-Chain and Off-Chain transactions. On-chain transactions occur on the blockchain, needing confirmation from nodes in the network. Although B2BinPay does not charge any commission for these types of transfers, customers are still required to pay the associated blockchain fees. Through its unique technology, B2BinPay allows for Off-Chain transactions to take place outside of the blockchain. These types of transfers are instant and require fewer costs. Various users can now browse detailed descriptions of the On- and Off-Chain transactions on the website.

The “Available Currencies” page has made things easier for customers, offering a convenient platform to explore the ever-expanding list of coins with over 80 different currencies. Users can easily search and select the currency of their choice at the click of a button.

The team has also added an FAQs page to the website. This page provides answers to any questions related to services, functionality, and security measures offered by the company. Visitors can easily find the information they need without having to contact customer service or search through the website.

The B2BinPay API offers companies a convenient and secure way to incorporate blockchain technology into their payment systems. All the necessary documentation is just a few clicks away, so integration can be done quickly and easily.

Also, the latest version of B2BinPay includes Merchant Invoice Limits, Delta Amount, Cardano (ADA) support, and various user-friendly optimizations. This makes it simpler than ever for businesses to make use of blockchain technology in their payment systems.

Addition of New Tokens

B2BinPay has significantly expanded its range of currencies and tokens available for Merchant and Enterprise clients. Close to 100 new tokens – including WBTC, ANKR, GALA, IMX, and many more – have been added to the selection, granting users access to a wider range of tokens.

Enhanced Merchant Models

B2BinPay has reorganized its model structure to better accommodate its clients, now offering three tailored models: Enterprise, Merchant (Fiat Settlement), and Merchant (Crypto Settlement). The last of these options allow users to create virtual wallets that can be denominated in either USDT, USDC, or BTC.

Conclusion

B2BinPay is one of the leading platforms for businesses wanting to use cryptocurrency payments, which has seen significant improvements throughout this year. Offering a modern website and superior features, the platform provides customers with competitive fees and pricing models that cater to any size of business.