Bahrain Approves Crypto Payments Via EazyPay After Partnering With Binance Peye

By Bitcoinist - 1 year ago - Reading Time: 2 minutes
Vandredi, 23 septanm 2022 1:00 AM

Bahrain Approves Crypto Payments Via EazyPay After Partnering With Binance Peye

Bank Santral Bahrain te bay EazyPay a green signal to conduct crypto payments and also launch Bitcoin nan rejyon an.

EazyPay se yon platfòm pòtay peman sou entènèt. Sa a te anonse pa CEO nan EazyPay, Nayef Alawi.

EazyPay has now partnered with Binance, which is a renowned crypto exchange along with a payment services provider.

This partnership will enable EazyPay to carry out more than 5,000 point-of-sale (POS) terminals and payment gateways in Bahrain, which will help accept Bitcoin.

Users who are willing to use Bitcoin as a payment method shall be provided with a QR code from EazyPay’s platform.

This QR code from EazyPay that users will receive has to be scanned with the Binance App. This will help with smooth and instant payments in the chosen currency.

Binance will also offer convenience for businesses such as payment merchant EazyPay and for those merchants who wish to use the platform in order to get quick fiat conversions for these merchants.

Komèsan ak konpayi lokal yo, ki gen ladan Lulu Hypermarket, Sharf DG, Al Zain Jewelry, ak Jasmi a, dwe aksepte plis pase 70 kripto kòm opsyon peman.

The payment has to go through by scanning the QR code from the EazyPay platform and then heading over to the Binance App.

Direktè egzekitif sipèvizyon bankè a nan CBB, Khalid Hamad, te felisite EazyPay lè li te resevwa apwobasyon bank la. Li te note,

Special thanks go to the Central Bank of Bahrain, Binance and Eazy Financial Services

Not just the executive director, the CEO of Binance celebrated that EazyPay would be the first regulated and approved crypto and Bitcoin payment services that are being offered in the Middle Eastern and North African Region, also referred to as the MENA region.

Al Alawi te mansyone tou ke Eazy Financial Services kounye a gen lisans epi tou reglemante pa bank santral Bahrain.

Sa fè EazyPay senkyèm pwen-of-sale (POS) ak platfòm pòtay peman sou entènèt epi tou yon founisè sèvis peman.

Binance previously received multiple regulatory approvals in Bahrain, which included a crypto service provider licence along with a Category 4 license.

Bahrain se twazyèm peyi ki pi piti nan pwovens Lazi, epi li te aktivman pwogrese nan direksyon pou adopte cryptocurrency nan dènye ane yo.

CBB te menm bay yon fondasyon an 2019 ki gen rapò ak yon seri aktivite ki gen rapò ak kriptografik.

Sa a te etabli ofisyèlman règ ki gen rapò ak lisans, gouvènans, jesyon risk, estanda anti-blanchi lajan, rapò, sekirite, e menm lòt règ konsènan sèvis kripto-aktif.

Nadeem Ladki, Head of Business Development at Binance MENA, mentioned,

As a leader in its space, EazyPay’s decision to accept cryptocurrency payments and integrate Binance Pay into its systems raises the bar for innovation and demonstrates the way forward when it comes to the payment industry as we transition into the Web3 economy.

Sous orijinal: Bitcoinse