The B2BinPay firm is happy to announce the release of B2BinPay v17, a substantial upgrade created to improve your experience with digital asset payments. B2BinPay serves as a reputable platform in the sector, facilitating international cryptocurrency transactions for merchants and businesses.
It is renowned for its ease of integration, simplifying how companies engage with the growing digital currency market. To suit the various demands of merchant and enterprise clients, this new edition expands upon the company's current capabilities and adds several new features, upgrades, and adjustments.
Added EUROC and TUSD to Perform Settlement
Stablecoins provide predictability and security in a volatile market. In addition to BTC, USDC, and USDT, B2BinPay offered USD and EUR settlements in the previous version.
As part of the v17 update, TrueUSD and Euro Coin have been added to the Merchant Wallets to provide more diverse and stable transaction options. From now on, merchants can automatically settle 14 coins, 14 stablecoins, and 25 tokens into these seven currencies using a variety of token standards, including ERC20, BEP20, and TRC20.
This introduction of Euro Coin as a settlement option is especially thrilling. EUROC is a euro-backed stablecoin produced by Circle, the firm behind USDC, the second largest stablecoin after USDT, with a market valuation of over $25 billion. EUROC, as one of the top 18 stablecoins, is especially valuable for European firms.
A Brand-New List of Available Currencies for Enterprise Customers
Using B2BinPay Enterprise, corporate institutions can create a comprehensive, decentralised ecosystem that exclusively accepts cryptocurrencies and maintains their holdings in the same cryptocurrency.
With 113 new tokens and 14 stablecoins offered across 14 distinct blockchain networks, including Ethereum, TRON, Binance Smart Chain, and others, the v17 update greatly increases token support for enterprise clients.
A Brand-New Price Model
Additionally, the version 17 updates include a revised and more competitive pricing module for the company's users.
Merchants will now be required to pay $500 for the setup, while commission fees have been reduced from 0.5% to 0.4%. Commission rates have been lowered to as low as 0.25%, providing a more cost-effective solution with higher transaction volumes.
To accommodate Enterprise blockchain wallets, a setup fee of $1500 has been reduced to $1000. This fee now covers activating Ripple, Stellar, and Binance Coin wallets, as well as smart contracts for Ethereum, Binance Smart Chain, and TRON. There are no hidden activation charges in the setup price. New commission tiers have been introduced to make enterprise offerings even more competitive, starting at 0.4% and dropping to as low as 0.05%.
UI and Experience Improvements
The Rates Tab has added a new currency type filtering option, an alphabetical search function, and a favorites section. By simplifying navigation and decision-making, these changes will improve your experience. Onboarding notes offer detailed explanations and guided tours to assist new and experienced users, making them more comfortable with the platform.
To increase transaction cost transparency, payout fees may now be shown in your chosen currency, and you have the option of entering custom charge amounts.
Functional Updates and Usability Improvements
The platform has made a few crucial functional updates to make it more user-friendly. Several enhancements have been made to the dropdown menus, including adding groupings by currency type, active state, and more. An email notification feature and the 7-day expiration limit on merchant invoices have also been added to reports. A new "Delete Wallet" button allows for removing wallets with no balance or deposits.
Wallet tables can now be sorted by ID and currency for enterprise users. Additionally, token icons have been added to the QR code generation as an additional layer above the QR code, and users can now add or remove IP addresses individually from the IP-whitelist, with password confirmation appearing in a modal window.
Consistent and Responsive Customer Service Across All Devices
The Helpdesk now features a real-time notification system with an "unread counter" that shows how many tickets have fresh messages. By doing this, you are guaranteed rapid notification of any new messages in your support tickets.
Concluding Remarks
The goal of B2BinPay v17 is to improve the user experience for both individual and business users. Versions 18 and 19 of the platform are currently being developed, and they promise to deliver new enhancements and capabilities to continue to suit the changing demands of the platform's broad user base.
To further demonstrate the company's dedication to innovation, it has partnered with Ledger to provide loyal and recently onboarded clients with limited-edition, custom-branded Ledger Nano X wallets. Furthermore, B2BinPay is the official sponsor of the Athletic Club for the 2023–2024 La Liga season, which will increase brand visibility and promote cryptocurrency payment services.
With these collaborations, as well as the release of v17, the company has demonstrated its unwavering commitment to excellence and customer satisfaction.
