Binance Pay and LATAM-focused Credencial Payments have formed a strategic partnership to foster the expansion of the digital payments industry. This collaboration allows businesses to incorporate Binance Pay as a payment option, enabling customers to make real-time crypto payments. Credencial Payment will be responsible for converting cryptocurrencies into local currency.
A few days ago, Mastercard announced a p,artnership with the world's largest crypto exchange operator, Binance, to launch Binance Card in Argentina to bridge the gap between cryptocurrencies and everyday purchases. Argentina is the first country in Latin America to have the product. The product will be widely available in the coming weeks. The partnership is interesting because Binance is highly controversial in many regulatory regimes such as the UK and the Netherlands.