After the successful launch of their groundbreaking v17 update, B2BinPay, a crypto processing solution, is back with even more advancements for their clients.
The latest v18 release brings a unified account system that merges Merchant and Enterprise models, enhancing the management of crypto transactions. Coupled with a UI redesign and enhanced regulatory adherence, this update is set to elevate user experience and ensure maximum safety for B2BinPay users.
Account Merging
The release of v18 marks a significant change for B2BinPay and its clients with the introduction of account unification, also known as Merge. This new approach dramatically streamlines processes for users by combining two business models – Merchant and Enterprise – under a single, intuitive interface.
Account unification offers several benefits to users:
Easier Account Management
The division between Merchant and Enterprise users has been removed, allowing for a single account that grants access to all the functionalities. This not only simplifies the registration process but also makes it easier for businesses to manage their transactions in one integrated system.
Better Onboarding and Operations Experience
In addition, the Merge enhances the onboarding and operation process for clients with a one-time, straightforward step and a single fee that applies to everyone. This eliminates the need for complex administrative processes and allows clients to select and transition between wallet services as their business needs evolve without any additional costs.
Revamped UI with Powerful New Features
The latest release of B2BinPay brings a modern and sleek design to the platform, in line with the overall aesthetic of its parent company, B2Broker. However, this update is more than just a facelift. It also includes significant improvements in speed and security, providing users with a robust and dependable front-end experience. In spite of these changes, the core features of B2BinPay, which loyal clients appreciate, remain unchanged, ensuring a seamless transition to the latest version.
Below are some of the key significant upgrades:
Wallets & Transfers
The Wallets and Transfers pages have been updated with a new professional and user-friendly design, resulting in more efficient and streamlined processes. The team has also made notable improvements to the interfaces for payouts, bank withdrawals, and exchanges. These changes simplify financial operations and make life easier for B2BinPay users.
Better Account Management
The new Account Menu is a game-changer, giving users ultimate control over their accounts. Changing preferences, managing API permissions, and customising user profiles have never been this easy or secure. And with added Two-Factor Authentication (2FA), users can feel confident that their account is well-protected.
Customisable Invoices
Prior to the v18 update, B2BinPay had a strict 7-day limit on merchant invoice expiration. However, with the new release, clients can customise their invoice timelines to better suit their business workflows.
Enhanced Helpdesk Experience
B2BinPay’s Helpdesk now includes sticker notifications for incoming messages, ensuring clients are promptly notified of any new updates or responses from the support team. Additionally, users can now access a well-defined schedule when seeking assistance, ensuring a support agent is always available to help.
Rates UI Revisions
The new update has made accessing currency rates easier. Rather than being hidden in the wallet menu, Rates are now accessible from a top-level menu, saving users valuable time when managing currency rates. Additionally, the new UX features a better favourite and filtering functionality, simplifying the search process for users.
Meeting the FATF Travel Rule Requirements
As part of their continuous efforts to uphold the highest regulatory compliance standards, B2BinPay has partnered with a Travel Rule solution provider, Notabene. This integration ensures that B2BinPay fully complies with the Financial Action Task Force (FATF) Travel Rule requirements.
The FATF Travel Rule is a globally recognised regulatory standard that aims to prevent money laundering and criminal activity in financial transactions. It stipulates that Virtual Asset Service Providers (VASPs), such as B2BinPay, must collect and share personal information of both the originators and beneficiaries of crypto transactions. This enables the detection of fraudulent activities and assists in preventing them.
Conclusion
B2BinPay’s v18 release has significantly improved the platform’s design and functionality. Account unification gives users unparalleled convenience, while new integration with Notabene keeps the company updated with regulatory requirements. As crypto adoption continues to surge, B2BinPay is showing its highest commitment to meeting the growing demands of businesses and individuals, making it a top choice for cryptocurrency payment solutions.