Thanks to a new agreement, customers in France may now use Shiba Inu (SHIB), Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies accepted by Binance Pay as payment at 440 businesses.
In order to advance cryptocurrency payments in Europe, Lyzi and Binance Pay have made their relationship public. The Lyzi App and its network of retailers will now accept cryptocurrency payments from Binance Pay customers for their regular transactions.
A cryptocurrency-native app called Lyzi has teamed up with Binance to release an updated version of its cryptocurrency payment service that provides cashback on each transaction.
By including merchants that offer a range of goods and services, from standard products like bakeries, supermarkets, and the like to more specialised goods like car dealerships and jewellery stores, Lyzi aims to increase the use of cryptocurrency assets.
In France alone, the Lyzi solution is already being used by over 440 businesses, and 330 more are presently onboarding around Europe. These businesses include bakeries, pharmacies, beauty parlours, auto dealerships, fast-food restaurants, and more.
One of the most crucial and early use cases of bitcoin is payments, which the new alliance seeks to increase.
Each business on the Lyzi App’s network of merchants will accept the solution for Shiba Inu and Binance Pay cryptocurrency customers.
Through this alliance, Binance customers will have more alternatives and places to utilise their cryptocurrency for purchases across Europe.
Aside from Shiba Inu and Bitcoin, Binance Pay, a cryptocurrency payment technology by Binance, supports cryptocurrencies such as ADA, ATOM, AVA, BCH, BNB, BTC, DOGE, DOT, EGLD, EOS, ETC, ETH, FTM, HBAR, IOTX, LINK, LTC, MANA, MATIC, TRX, TUSD, UNI, USDC, USDT, VAI, VET, XLM, XMR, XRP, XTZ, XVS, ZEC, ZIL and others.
