With the release of version v17, B2BinPay has taken a major step forward in improving the crypto payment experience for its merchant and enterprise customers.
As an industry leader, B2BinPay consistently strives to innovate and improve its services. The v17 update is evidence of this dedication, as it includes several new options, enhancements, and price reductions to better meet the demands of a diverse set of customers. Let’s take a closer look at the version 17.
The Inclusion of EUROC and TrueUSD
In today’s volatile financial market, stablecoins have become a beacon of stability. Before the launch of Version 17, B2BinPay supported settlements in a select range of major currencies, including BTC, USDT, USDC, USD, and EUR. The latest update takes this a step further by adding TrueUSD (TUSD) and Euro Coin (EUROC) to its Merchant Wallets.
This expansion means businesses can access a broader selection of payment options. Specifically, they can choose from 14 cryptocurrencies, 14 stablecoins, and 25 tokens, all of which can be automatically converted into seven different fiat currencies.
These new additions are compatible with multiple token standards, including ERC20, BEP20, and TRC20, providing merchants with increased payment and settlement management flexibility.
The introduction of EUROC is particularly noteworthy. This stablecoin, pegged to the Euro, is issued by Circle, the same company that issues USDC, the world’s second-largest stablecoin with a market capitalisation exceeding $25 billion. For businesses operating within the Eurozone, EUROC serves as an invaluable asset, offering a stable and reliable payment option.
Comprehensive Token Support Across Multiple Blockchains
B2BinPay’s Version 17 update significantly amplifies its token support. The enterprise blockchain wallet solution now supports 14 additional stablecoins and a whopping 113 new tokens across multiple blockchain networks.
These networks include Ethereum, Bitcoin, TRON, Binance Smart Chain, and more, making the platform a robust ecosystem for institutions that prefer to operate exclusively in cryptocurrency.
Competitive Pricing – More Value for Your Money
With the release of Version 17, a new, more affordable price structure was introduced. For merchant clients, the initial set-up fee has been reduced to $500, and transaction fees have been decreased from 0.5% to 0.4%. Additionally, new commission categories have been added, with rates as low as 0.25% for individuals with high transaction volumes.
Enterprise-level customers’ setup fees have been reduced from $1,500 to $1,000. Now, this charge includes the cost of activating smart contracts on all supported platforms. The new enterprise customer commission structure begins at 0.4% and goes as low as 0.05%.
A More Intuitive Interface
Version 17 has a drastically revamped user interface. The Rates Tab has many new features, including filtering results, searching alphabetically, and saving searches to favourites. Additionally, incorporating detailed onboarding notes facilitates navigation for novice and experienced users.
Moreover, users may now see transaction costs in their preferred currency, improving clarity and usability.
Other usability enhancements include the elimination of the 7-day expiry restriction on merchant invoices, adding email alerts for reports, and the option for enterprise users to organise wallet tables by ID and currency. More user-friendly IP and password administration tools are included in the update, in addition to improved QR code generation.
Real-Time Notifications
The Helpdesk now features an integrated real-time notification system, complete with an “unread counter.” This counter displays the number of tickets with new messages, guaranteeing timely and efficient customer support.
Future Prospects
B2BinPay’s Version 17 is a major update aimed at improving the user experience and meeting the needs of its growing number of clients. The company is already planning future updates, including Versions 18 and 19. To show its commitment to new ideas, B2BinPay has also partnered with Ledger to offer specially branded Ledger Nano X wallets.
On top of that, the company has gained sponsorship rights for the Athletic Club in the 2023/2024 La Liga season, which will help increase its visibility and promote its cryptocurrency payment services. In short, the release of Version 17 is a big step forward in B2BinPay’s ongoing efforts to provide excellent service, innovative features, and customer satisfaction.
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