One of the hottest news this week is that GoCrypto, our pioneer solution for merchants to accept instant crypto payments, and Binance, the world’s largest cryptocurrency exchange, have joined forces on a mission to bring cryptocurrency payments to the next level. The Binance Pay crypto payment technology has been integrated into the GoCrypto payment network. This is no small potato; it means that tens of millions of users of the Binance app can now spend 40+ Binance Pay-supported cryptocurrencies at thousands of GoCrypto locations around the world.
Our GoCrypto solution has years of steady presence in commerce and retail, transforming the payment mainstream. Available in 64 countries, it enables online and brick-and-mortar merchants to accept instant payments with various crypto wallets. The latest wallet is Binance Pay, a payment technology designed by Binance — the world’s largest crypto asset exchange with the highest daily trading volume and tens of millions of users. Binance Pay users can now use 40+ supported currencies to pay at thousands of GoCrypto merchants and services worldwide — ranging from Swiss boat transport, English restaurants and Croatian real estate agents to Slovenian grocery giants.
Changpeng “CZ” Zhao, CEO and co-founder at Binance, commented:
“The ultimate goal of cryptocurrencies is to provide not just an alternative asset class for investors, but to provide alternatives to fiat currencies for everyday purchases. In partnering with GoCrypto, Binance Pay takes a step forwards in helping to bridge the gap between conventional financial systems and the crypto ecosystem making crypto adoption for payments significantly easier.”
Contactless. Borderless. Secure.
GoCrypto has made our home country, Slovenia, the global leader in the number of brick-and-mortar shops and services accepting payments with crypto wallets, showing that it can benefit the retail space and the customer experience tremendously. The latest wallet supported by GoCrypto for shoppers to use is Binance Pay. As Elly’s CEO Dejan Roljic states, this partnership could not come at a better time, marking a brand new chapter in crypto adoption worldwide:
“The interest in crypto use is growing daily, and our solution enables crypto adopters to use the currencies as they were intended — as a highly practical means of payment. The connection between our system and the users of Binance will bring crypto usability and adaptability further along. The integration of Binance Pay into the GoCrypto network means instant accessibility of GoCrypto locations to tens of millions of Binance users, and so much more. It is a strong sign of the digital era. Newer, better and faster payment options optimise the merchants’ costs and enhance their cash-flow.”
Binance, the ultimate global crypto force
Binance exchange was founded in 2017 and is now the world’s largest cryptocurrency exchange with an average daily volume of 2.0 billion dollars and an infrastructure capable of processing more than 1,400,000 orders per second. The Binance blockchain ecosystem boasts a number of products, including Binance Pay, an app to instantly send, spend, shop and pay with crypto at zero transaction fee.
GoCrypto, the world’s fastest growing crypto payment network
GoCrypto operates as a global payment scheme connecting crypto users, crypto wallets, crypto exchanges, cryptocurrencies, cash register system providers, payment solution providers and merchants. It enables merchants with local or online stores to accept instant crypto payments from different crypto wallets with millions of users and to receive settlement in their local fiat or crypto. GoCrypto is available as a stand-alone solution for online and offline stores, or as a solution within the Elly POS terminal, which also enables cards and digital payments. With Elly POS, our company made a huge step in making crypto mainstream because this solution combines both traditional payment methods (credit and debit cards) as well as crypto and digital payments.
About GoCrypto token
The GoCrypto (GoC) token is a multi-chain utility token issued on the Bitcoin Cash (SLP) blockchain and the Binance Smart Chain (BSC) through the newly “built” GoC Bridge, with Solana (SOL) soon to follow.
GoC is integrated into all Elly applications and services and is used for payments on the GoCrypto platform and in the loyalty program.
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