Binance reached consensus with alchemy to bring crypto payment to shopify users that are well acquainted with Cryptocurrency transactions. The Binance Pay support 40 Cryptocurrencies, available as option to make transactions via shopify.
This agreement was reached recently, not more than a month ago, with third party company 'Alchemy, founded in 2018. The essence of this partnership with alchemy is to drag crypto transactions within those online stores, businesses where Cryptocurrency payment option isn't included.
Alchemy powers lots of e-commerce stores, and other online businesses. That made it possible for Binance to reach agreement with them in order to bring its 'Pay option to those online stores. Apart from Shopify, Binance Pay will be available for transactions via online businesses like, QFPay, Hong Kong's pricerite, Canadian footwear brand 'Aldo, multinational arcadier SaaS etc.
Binance has the ambition of bringing crypto payment option to most of the online businesses in order to make transactions easier, safer, and faster.