Binance Pay

Binance Pay is Binance's contactless, borderless crypto payment solution, letting merchants accept 100+ cryptocurrencies — including USDC, USDT, BNB, BTC and ETH — from Binance's ecosystem of 40M+ active Pay users (and ~270M registered Binance users), with zero gas fees and instant settlement.

Since launch, Binance Pay has processed over $200 billion in transactions and is accepted at 32,000+ merchant stores worldwide, spanning e-commerce, luxury, travel, gaming, gift cards, automotive and supermarkets (Carrefour Bahrain, Pick n Pay South Africa, Travala, Despegar, RazerGold, Coinsbee and Wristcheck, among many others).

Merchants integrate directly via Create Order, Refund and Direct Debit APIs, or work through Channel Partners — Payment Service Providers (PSPs) and Technical Service Providers (TSPs) — who handle onboarding, settlement and tooling. Settlement lands instantly in the merchant's Binance account, with instant fiat payouts available via partner PSPs.

Best for: merchants and PSPs that want to tap into Binance's massive existing crypto user base with near-zero fees, especially in gaming, travel, gift cards, e-commerce and high-volume digital-goods corridors.

Binance Pay's headline merchant economics are zero gas fees for users and significantly lower transaction costs than traditional card or bank rails — making it one of the cheapest crypto-payment options on the market.

Pricing at a glance

• Gas fees — zero for users (internal transfers settle off-chain, no blockchain fees).
• Merchant transaction fee — effectively 0% displayed; merchant costs are typically far below card fees.
• Refunds — free, instant full and partial (up to 10 per order).
• Direct debit / pre-authorised payments — supported for subscriptions and recurring billing.

Settlement

• Instant settlement to the merchant's Binance account.
• Instant fiat payouts available via partner PSPs (e.g. Advanced Payment Solutions) for merchants who prefer fiat settlement.
• PSPs can manage sub-merchant accounts and download settlement reports from the Binance Pay merchant portal.

Channel Partner revenue

• Affiliate Referral — up to 50% commission on referrals' spot, margin and futures trading fees, with no earnings cap.
• Partners can offer referrals up to 20% off spot/margin and 10% off futures fees as a sign-up incentive.

For most merchants the all-in cost is materially lower than card networks, with the added upside of reaching Binance's existing crypto-native customer base at near-zero incremental cost.

Accept 100+ cryptocurrencies

• Take USDC, USDT, BNB, BTC, ETH and 100+ other coins at checkout — one integration covers the lot.
• Users set a Payment Priority Order to choose which crypto they spend first.
• Lightning-fast, contactless checkout via Binance App, QR code, deeplink or a Binance-hosted checkout page.

Zero gas fees & instant settlement

• Zero gas fees for users; internal transfers settle off-chain with no blockchain fees.
• Instant settlement to the merchant's Binance account.
• Instant fiat payouts and settlement available via Channel Partner PSPs.

Full merchant API toolkit

• Create Order API — returns QR codes, deeplinks and universal URLs that redirect to the Binance App or a hosted checkout page.
• Refund API — instant full and partial refunds (up to 10 partial refunds per order).
• Direct Debit / Pre-authorised API — automate recurring payments, subscriptions and pre-authorised future charges.
• Payment links & invoicing, plus payout processing and sub-merchant account creation for PSPs.

Channel Partner program (PSP & TSP)

• Payment Service Providers integrate Binance Pay APIs, receive funds on behalf of merchants and settle to their non-Binance accounts — merchants don't need to onboard with Binance directly.
• Technical Service Providers facilitate integration without handling funds; merchants onboard with Binance directly and settle into their own Binance account.
• Sub-merchant management and settlement reporting via the Binance Pay merchant portal.

Reach the Binance ecosystem

• Tap into 40M+ active Pay users and ~270M registered Binance users worldwide.
• 32,000+ merchant stores already live across e-commerce, luxury, travel, gaming, gift cards, automotive and supermarkets.
• Affiliate Referral Program: partners earn up to 50% commission on referrals' trading fees.