B2BinPay is excited to announce the release of B2BinPay v17, an update designed to enhance the cryptocurrency payment experience.
As a trusted platform, B2BinPay has facilitated global crypto transactions for merchants and enterprises. With its easy integration, businesses can seamlessly engage with the growing cryptocurrency market.
The new version of B2BinPay includes various features, improvements, and fixes to meet the diverse needs of merchant and enterprise clients. Let's explore the details of this update.
New Settlement Options in EUROC and TUSD
B2BinPay has increased its merchant wallet options by including TrueUSD and Euro Coin. This expansion provides merchants 14 coins, 14 stablecoins, and 25 tokens that can be easily converted into seven different currencies. These additions support various token standards, such as ERC20, BEP20, and TRC20, giving merchants more flexibility in handling payments and settlements. Of particular note is Euro Coin, a stablecoin backed by the Euro and issued by Circle, the second largest stablecoin after USDT.
Improved Currency Support For Enterprise Clients
B2BinPay's Enterprise blockchain wallet solution is designed for corporate institutions that exclusively work with cryptocurrencies. They can now hold their funds in the same cryptocurrency they receive. In the v17 update, B2BinPay has expanded token support for enterprise clients. They offer 14 stablecoins and 113 new tokens across 14 blockchain networks, such as Ethereum, TRON, and Binance Smart Chain.
Upgraded Pricing Models
The latest Version 17 update includes a more affordable price module for users. Merchants now have a setup cost of $500 and reduced commission fees from 0.5% to 0.4%. Moreover, they have introduced new commission tiers that go as low as 0.25%, providing cost-effective solutions for high transaction volumes.
For Enterprise blockchain wallets, the setup fee has been lowered from $1500 to $1000. This fee now covers activating smart contracts for Ethereum, Binance Smart Chain, TRON, Ripple, Stellar, and Binance Coin wallets. The setup cost is now all-inclusive, with no hidden activation charges. New commission tiers starting at 0.4% and going as low as 0.05% have been introduced to make their enterprise offerings even more competitive.
User-Friendly Updates for a Better Experience
The Rates Tab has been updated to provide new filtering options for different currency types, an alphabetical search function, and a favourites section. These improvements are designed to make it easier for users to find and choose the needed rates. The updated V17 has also added detailed onboarding notes offering guided tours and explanations, making the platform more user-friendly for new and experienced users.
Furthermore, payout fees can now be displayed in the default currency, and users can enter custom fee amounts for greater transparency on transaction costs.
Optimized Functionality and Usability
The platform has undergone several updates to improve its usability and functionality. These updates include enhancements to dropdown menus, such as adding grouping by currency type and active state and improved search functionalities.
In addition, the limit of 7-day expiration on merchant invoices has been removed, and a new email notification feature for reports has been added. Users can now delete wallets with zero balance and no deposits using the new “Delete Wallet” button, making wallet management more efficient.
Enterprise users can now sort wallet tables by ID and currency. The QR code generation has been updated to include token icons as a new layer above the QR code. Furthermore, each IP in the IP whitelist can now be individually added or removed, with password confirmation appearing in a modal window.
Customer Support and Device Consistency
The Helpdesk now has a real-time notification system with an “unread counter” to show the number of tickets with new messages. This guarantees that B2BinPay users will receive immediate notifications for new messages in their support tickets.
Closing Thoughts
B2BinPay v17 is an update that aims to improve the user experience for both individuals and enterprises. The platform is currently developing Versions 18 and 19, which will bring further enhancements and added features to meet the evolving needs of its diverse user base. B2BinPay has partnered with Ledger to offer limited-edition, custom-branded Ledger Nano X wallets to loyal and newly onboarded customers.
Additionally, B2BinPay is an official sponsor of the Athletic Club for the 2023/2024 La Liga season, increasing their exposure and promoting awareness of crypto payment solutions. These partnerships, together with the release of version 17, showcase their dedication to continuous improvement and the satisfaction of their clientele.
