Last updated on July 15th, 2020 at 11:48 am
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One of the top crypto payment gateway service provider for African markets has added support for the Binance Coin (BNB) and the BUSD stable coin to its payment options.
Earlier before now, Paylot.co had already integrated all other major crypto currencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC) on its platform.
See Also: Binance Loan: What is Binance Loan, How to Use Binance Loan System And Collect Loan in Crypto.
The newly added crypto currency and stablecoin will additionally expand the options available to merchants and their customers on the platform.
With the popularity of the binance coin, merchants can easily integrate with the Paylot Api and provide binance coin payment option to the millions of users on the Binance platform.
Earlier before now, Paylot merchants in Nigeria settle payments in Naira, while merchants from other countries settle payments in stable coins like USDT, USDC, PAX, and other major crypto currencies available on the platform.
Following the added support for Binance Coin and BUSD, Nigeria and foreign merchants can now receive and settle payments in BNB and BUSD.
According to Paylot.co, the platform will continue to actively create more solutions for the Nigeria market, focusing around tech, business, and ecommerce, on blockchain and crypto currencies.
