The UK based banking platform which provides payment and banking solutions for crypto related businesses has collaborated with Binance to develop a FIAT payment gateway for Binance Chain. The integration, will allow traders to conviniently buy and sell assets of projects on the Binance Chain with the following fiat currencies : USD, GBP, EURO and INR.

For example, you would be able to buy BEP2-AWC using US Dollar, Sterling Pound, Euro, or Indian Rupees without hustle. With this initiavie, Binance Chain will be linked with globally recognised payment networks like SEPA, SWIFT, UK fast payment service(FPS) , National Electronic Funds Transfer(NEFT) and several others.

The integration is set to go live on the 12th of April, 2020 as the sevice is currently undergoing testing. The BEP2 gateway powered by Cashaa will create room for business development as members in the ecosystem will be able to introduce services such as issuance of banks to allow holders of BEP2 tokens spend their funds, payment gateway for merchant to accept BEP2 tokens etc.