Press Release
B2BinPay announces its exiting v17 update for sustainable improvements
The creators behind B2BinPay have just announced their existing v17 update, which promises substantial improvements and added features on the crypto platform. As a household name, B2BinPay has been at the forefront of seamlessly facilitating crypto transactions.
B2BinPay’s solutions are well-known for their accessibility and convenience, allowing businesses to implement state-of-the-art crypto solutions smoothly. The v17 version promises to continue the trend of continuous innovation on the B2BinPay platform, offering new features, overhauls, and quality-of-life fixes.
Introducing the EUROC and TUSD settlement options
It is no secret that the crypto market is still very volatile, and the presence of stablecoins highly offsets the unpredictability of the overall crypto market. Before v17, supported settlement options by B2BinPay included the following currencies: BTC, USDT, USDC, USD, and EUR.
But now, the list has expanded, and B2BinPay has decided to add TrueUSD and Euro Coin to their stablecoin offerings pool. As a result, the v17 upgrade rounds out the B2BinPay package of 14 coins, 14 stablecoins, and 25 tokens, and all automatically settled into the seven currencies above. B
Other additions accommodate ERC20, BEP20, and TRC20 token standards to ensure flexibility and convenience for the platform users.
Euro Coin (EUROC) is a massive addition to the stablecoin roster, as it meets the needs of companies mainly operating in the Eurozone. Moreover, EUROC was developed by Circle, a company behind USDC ($25B market cap). The well-established reputation of Circle is an excellent signal for EUROC’s stability and reliability.
A new level of currency support
The crypto landscape is all about variety and freedom of choice. Businesses operating within the crypto industry must be flexible and utilize platforms accommodating an expansive currency pool.
B2BinPay has established itself as one of the most diverse platforms in this context, and with the v17 update, it has expanded the currency portfolio even further.
B2BinPay’s token support now reaches up to 14 stablecoins and 113 new tokens on 14 unique blockchain networks. The most popular offerings include Ethereum, Tron, Binance Smart Chain, etc.
Overhauled pricing model
The v17 upgrade has also re-examined the platform pricing model, offering much more competitive prices and relaxed requirements for the entire customer base.
Let’s explore the pricing changes further. For merchants, the setup process will only take $500. Moreover, the commission fees have shrunk from 0.5% to 0.4%. However, B2BinPay also revised the commission tiers for merchants with lower volume requirements, offering as low as 0.25% transaction charges.
On the other hand, enterprise clients can now set up their accounts for $1,000 instead of the previous $1,500 fee. This more affordable setup also features a robust smart contract activation process, accommodating smart contracts for Ethereum, Binance Smart Chain and Tron, Ripple, Binance Coin, and Stellar wallets.
In addition to these changes, B2BinPay has highlighted its commitment to transparency. Their setup costs include all relevant fees related to fully launching a crypto account without any hidden fees or subsequent charges. To accommodate the smallest business clients, B2BinPay has new commission tiers, offering an impressive fee of just 0.05%.
Upgraded UI and UX
In addition to increased functionality and a revised pricing model, B2BinPay has made sure to simplify the platform navigation for newcomers and loyal clients. Users can now filter the search field both by currency type and alphabet.
They can also select their favorite currencies and track their data on the dashboard. B2BinPay also expanded its onboarding support, providing a detailed guide on adopting the platform features for specific needs.
Additionally, payout fees can be showcased in the default currency users choose. They can also select custom fees to monitor their expenses on the platform.
Functionality improvements
B2BinPay v17 has added several quality-of-life features that assist users in getting the most out of the crypto platform. These upgrades include optimized dropdown menus and expanded search options.
In addition, B2BinPay has removed the 7-day expiration for invoices and implemented an e-mail notification system for sending reports. Moreover, the v17 upgrade allows users to delete unneeded wallets from their accounts swiftly.
Finally, enterprise clients can sort their wallet tables by ID and currency types. The updated QR code now features token icons and IP addresses can be added or removed from the IP whitelist.
Real-time customer support across devices
Naturally, no platform is complete without state-of-the-art customer support functionalities. B2BinPay’s upgrade has delivered on this front as well, offering real-time support and a brand-new “unread counter” function that shows the queue number for tickets. These added features allow specialists to address customer concerns swiftly.
Final thoughts
B2BinPay’s v17 upgrade is a significant mark in the progress of this thriving platform. V17 further increases the platform’s accessibility, convenience, and functionality, letting customers enjoy a complete package of offerings. B2BinPay has announced that they are already working on v18 and v19 versions to continue their polishing and upgrade efforts.
B2BinPay also announced several new collaborations. The platform has partnered with Ledger to produce limited-edition ledger Nano X wallets accessible only to loyal customers.
B2BinPay is also an official sponsor of the Athletic Club in the 2023/2024 La Liga season. Thus, B2BinPay continues its hands-on approach to enhancing its crypto platform, delivering on promised updates and ensuring that customer needs are met and exceeded.
Disclaimer: This is a paid post and should not be treated as news/advice.