B2BinPay, the trusted global cryptocurrency payments provider for merchants and enterprises, announced the release of version 17 of its solution. This new edition builds on the company’s existing capabilities with features, improvements and fixes designed to improve client transaction experiences.
Addition of EUROC and TUSD for Merchant Clients
In a volatile market, stablecoins provide a sense of predictability and security. Previously, B2BinPay offered settlements in five major currencies (BTC, USDT, USDC, USD, and EUR) to their merchant clients. Recognising the need for more diverse and stable transaction options, the B2BinPay team has expanded the scope by including TrueUSD and Euro Coin in the Merchant Wallets.
These new additions are compatible with multiple token standards, specifically ERC20, BEP20, and TRC20, providing merchants with greater flexibility in managing payments and settlements for their clients. The new payment options will allow merchants to accept payments in seven key currencies in a much more streamlined manner. By offering such a diverse array of payment options to their customers, businesses can ensure they are providing the most efficient checkout experience possible.
EUROC is a Euro-backed stablecoin. Developed by Circle, the company behind USDC – a stablecoin boasting a market cap of over $25 billion, EUROC provides an efficient payment system for businesses within the Eurozone.
A Wider Range of Currencies for Enterprise Clients
B2BinPay Enterprise continues to develop its ecosystem, adding valuable features with the recent release of v17. This update primarily benefits corporate institutions and other business entities that prefer to work exclusively with cryptocurrencies.
The new version boasts expanded currency support, introducing 14 new stablecoins and 113 new tokens across various blockchains, such as TRON, Binance Smart Chain, Ethereum, and more.
With this infusion of new tokens and currencies in its arsenal of business options, B2BinPay Enterprise presents the perfect opportunity for clients to maximise their revenue streams and reach new markets.
Updated Price Structure
This new update also brings a greatly revised cost structure to make it more competitive within the industry.
Merchants now only pay a setup fee of $500, and commissions have been lowered from 0.5% to 0.4%. Additional commission tiers are available, which decrease up to 0.25%.
For enterprise wallets, an even greater reduction has been made. Clients now only pay $1000 (instead of $1500) for the setup fee and get activation for smart contracts on Ethereum, Binance Smart Chain, and TRON, as well as wallets for Ripple, Stellar, and Binance Coin. The commission tiers start at 0.4% and go all the way down to 0.05%, making it a great value proposition.
The new version of the platform ensures that clients will have a complete solution offering great value for money without any hidden or extra charges.
Improved UX and UI
The Rates Tab has been improved to offer users a more streamlined experience, with new and enhanced filtering options based on currency types, an alphabetical search function and a favourites section. In addition, the platform now provides detailed onboarding notes for guidance and explanation for both novice and experienced users.
Furthermore, payout fees can be displayed in the user’s default currency, and they can even enter custom fee amounts to increase transparency around transaction costs further.
Usability Adjustments and Functional Enhancements
B2BinPay has made numerous improvements to its platform in order to improve user experience. These changes include added dropdown menus with sorting by currency type and active state, as well as a search function.
Additionally, invoices no longer have an expiration limit of 7 days, and email notifications have been added for reports. For those who need to manage their wallets more efficiently, a new ‘Delete Wallet’ button has been added to allow users to remove wallets with no deposits and a zero balance.
Enterprise users can now sort on wallet tables according to ID and currency type. Moreover, QR code generation has been improved by adding token icons as an additional layer above the QR code. Finally, users now have the freedom to add or remove individual IPs from their whitelist and a password confirmation window will appear in a modal when they do so.
Improved Customer Support and Consistent Performance on All Devices
B2BinPay has taken steps to improve its customer experience by adding a real-time notification system to its Helpdesk. This system is designed to ensure customers are kept up-to-date with new messages from support tickets, featuring an “unread counter” that displays the amount of unread tickets.
Final Remarks
The recent launch of B2BinPay v17 is a major milestone in the company’s long-term commitment to innovation and customer satisfaction. Through this update, both enterprise and merchant users can now enjoy an enhanced experience with more features and improved usability. The company is already working on Versions 18 and 19 to keep up with the ever-changing needs of its diverse client base. B2BinPay has also strengthened its ties with Ledger to produce custom-branded wallets for customers, as well as became a sponsor of the Athletic Club for the 2023/2024 La Liga season. These steps testify to the company’s dedication to increasing mainstream crypto adoption and providing the best products and services available.
