Crypto payment processing company B2BinPay has recently unveiled sweeping updates to its fees and pricing structure, as well as а redesigned website and updated Enterprise and Merchant models.
These changes are expected to dramatically reduce costs for businesses looking to take advantage of the platform’s services and make it easier for them to get started. The platform itself has also been upgraded to provide a better user experience.
Enhanced Merchant models
B2BinPay, a global payments provider, has taken a significant step to better serve its customers by restructuring its models. The company now offers three models – Enterprise, Merchant (Fiat Settlement), and Merchant (Crypto Settlement) – instead of the previously-offered two models.
Through the latter option of Crypto Settlement, users are able to open virtual wallets denominated in USDT, USDC, and BTC.
New tokens added
Moreover, B2BinPay made a significant expansion of its currency and token offerings. The new offerings include a selection of nearly 100 tokens, such as WBTC, ANKR, GALA, IMX, and more.
Reworked pricing plans
B2BinPay has announced a major shake-up to its pricing plans, offering customers more value than ever before. The Merchant models have seen a significant reduction in percentage tiers and volume thresholds. With these changes, businesses of all sizes can now take advantage of the platform’s advanced payment solutions. The changes are illustrated below:
Additionally, B2BinPay has announced several cost-saving measures for their Enterprise customers, including reducing the onboarding fee from $1,500 to $1,000 and adjusting the threshold of percentage tiers. These changes are expected to provide significant savings for Enterprise users. Details of the adjustments can be found below:
B2BinPay customers also benefit from free outgoing transactions with some of the lowest prices in the industry. This provides excellent savings opportunities and demonstrates the company’s commitment to providing value for its customers.
Improved user interface, new website design, and more details
The B2BinPay team has unveiled an all-new website design that makes it easier than ever for visitors to access and consume information about the company’s products and services. The website redesign features multiple reworked pages and streamlined navigation, ensuring that users can quickly find the key information they demand.
B2BinPay also has released a comprehensive guide to On-Chain and Off-Chain transactions on their website. On-chain transactions occur on the blockchain and must be confirmed by network participants, but B2BinPay does not charge additional commission fees. However, the customer still has to pay the blockchain commission.
Meanwhile, Off-Chain transactions are completed through exclusive B2BinPay technology, free of cost and are instantaneous. And the new guide provides a detailed description of all cases of On- and Off-Chain transactions between users.
The new ‘Available Currencies’ page on the site enables customers to navigate an extensive list of over 80 different coins with ease. Furthermore, an FAQs section was added in order to answer any questions on services, functionality, security measures, and more quickly and accurately. This addition will provide users with comprehensive information about their transactions for an optimal user experience.
Businesses have just been given a major upgrade to their payment systems, thanks to the new B2BinPay API. Companies now have access to blockchain technology with greater convenience and security than ever before. All the necessary documentation is available just a few clicks away. In addition, B2BinPay has recently added Merchant Invoice Limits, Delta Amount, and Cardano (ADA) support, as well as a selection of optimisations for increased user convenience.
This past year has seen massive improvements from the B2BinPay team, making their product more user-friendly and accessible to businesses of all sizes. With a modern website offering improved features, B2BinPay is ideal for companies looking to incorporate cryptocurrency payments. Customers can find the perfect plan to meet their individual needs through its competitive fees and pricing models while leveraging B2BinPay’s secure and reliable payment processing solutions.
Graduating from Aarhus University with a degree in communication and media studies, Kristina has been an avid writer and follower of the finacial news and cybercrymes space since 2011. A well-traveled journalist within the industry, Aubrey has written for many well-known outlets, and can often be found poring over white papers when she isn’t writing for Financial Magazine