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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act
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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

A New Chapter In Crypto Payment Solutions: B2BinPay v17 Update

Bitcoinist
by Bitcoinist
Last Updated: September 8, 2023 5:08 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

B2BinPay is thrilled to announce the introduction of B2BinPay v17, a major upgrade to improve your digital asset payment experience. B2BinPay has been facilitating worldwide crypto transactions for merchants and corporations as an industry-trusted platform.  Renowned for its ease of integration, the company enables firms to connect smoothly with the booming cryptocurrency sector.

This new version expands on their existing capabilities and adds several new features, enhancements, and fixes to meet the demands of merchant and business clients.

New Settlement Options in EUROC and TUSD

In a volatile market, stablecoins provide a level of predictability and protection. Before v17, B2BinPay offered merchants settlements in five significant currencies: BTC, USDT, USDC, USD, and EUR.

Recognising the need for more diversified and stable transaction choices, the v17 upgrade expanded the scope of the Merchant Wallets by introducing TrueUSD and Euro Coin. With 14 coins, 14 stablecoins, and 25 tokens that may be automatically settled into these seven currencies, merchants now have a broader range of payment alternatives. The new features are interoperable with numerous token standards, including ERC20, BEP20, and TRC20, giving merchants a greater choice in managing customer payments and settlements.

The launch of the Euro Coin is extremely note-worthy. EUROC is a Euro-backed stablecoin issued by Circle, the firm behind USDC, the officially regulated token and the second largest stablecoin after USDT. EUROC is one of the top 18 stablecoins and is particularly valuable for enterprises working in the Eurozone.

Enhancements to Usability and Functionality

Several modifications have been made to improve the platform’s usability and usefulness.

The Rates Tab now features additional currency type filtering options, an alphabetical search tool, and a favourites section. These modifications are intended to improve your navigation and decision-making processes.

The team has also added thorough onboarding notes with guided tours and explanations to help both new and seasoned users navigate the site.

Extra enhancements to dropdown menus include grouping by currency type and active status, as well as search functionality. They have also eliminated the 7-day merchant invoice expiration limit and included an email notification tool for reports. A new “Delete Wallet” option allows users to remove wallets with 0 balance and no deposits, making it easier to manage their wallets.

Furthermore, payment fees can now be presented in the chosen currency, and clients can set custom fee amounts to clarify transaction costs.

Wallet tables may also be sorted by ID and currency for enterprise users. QR code creation has also been improved, incorporating token icons as a new layer above the QR code. Additionally, each IP in the IP whitelist may now be added or deleted separately, with password confirmation showing in a modal section.

Customer Support and Consistency Across Devices

The helpdesk now includes a real-time notification system packed with an “unread counter” that shows the number of tickets with fresh messages. This guarantees that you are swiftly alerted of new messages in your support tickets.

Currency Support for Enterprise Clients Has Been Expanded

The B2BinPay Enterprise blockchain wallet solution is a full ecosystem for corporate institutions designed for enterprises that wish to operate solely with cryptocurrencies and keep their holdings in the same coin they receive. Leveraging this robust base, the v17 update extensively broadens token offerings for enterprise clients, presenting 14 stablecoins and 113 fresh tokens over 14 diverse blockchain platforms, such as Ethereum, TRON, Binance Smart Chain, and more.

Price Model Update

Version 17 upgrade also includes a refreshed and more competitive pricing module for B2BinPay’s enterprise users. The one-time setup charge, which covers the complete setup and activation of wallets, has been cut from $1,500 to $1,000. In addition, the commission fee has been reduced from 0.5% to 0.4%. The charge is reduced even more for bigger transaction volumes, providing a more cost-effective alternative for their clients.

Last Words

B2BinPay v17 is a well-rounded version that strives to improve the user experience for both individual and corporate customers. Versions 18 and 19 of the platform are already in the development stage, promising further upgrades and functionality to satisfy the increasing demands of their broad user base.

Moreover, to demonstrate its dedication to innovation, B2BinPay recently collaborated with Ledger to provide limited-edition, custom-branded Ledger Nano X wallets for its loyal and newly onboarded clients. Furthermore, for the 2023/2024 La Liga season, B2BinPay is an official sponsor of the Athletic Club, increasing the visibility and awareness of crypto payment options. This partnership and the release of v17 exemplify the firm’s unwavering commitment to deliver top-quality services and exceed clients’ expectations.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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