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Home»Altcoins»B2BinPay announces its final v17 update for lasting improvements
Altcoins

B2BinPay announces its final v17 update for lasting improvements

2023-09-07No Comments5 Mins Read
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The creators behind B2BinPay have just announced their existing v17 update which promises substantial improvements and additional features to the crypto platform. As a concept, B2BinPay is at the forefront of seamlessly facilitating crypto transactions.

B2BinPay’s solutions are known for their accessibility and convenience, enabling businesses to smoothly implement state-of-the-art crypto solutions. The v17 version promises to continue the trend of continuous innovation on the B2BinPay platform, bringing new features, revisions 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 greatly offsets the unpredictability of the overall crypto market. Prior to v17, B2BinPay’s supported settlement options 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 offering. As a result, the v17 upgrade rounds out the B2BinPay package of 14 coins, 14 stablecoins, and 25 tokens, with everything automatically settled in the seven currencies above. B

Other additions accommodate the ERC20, BEP20 and TRC20 token standards to ensure flexibility and convenience for the platform users.

Euro Coin (EUROC) is a huge addition to the stablecoin range as it meets the needs of businesses operating primarily in the Eurozone. In addition, EUROC is developed by Circle, a company behind USDC ($25 billion market cap). Circle’s established reputation is an excellent sign of EUROC’s stability and reliability.

A new level of currency support

The crypto landscape is all about variety and freedom of choice. Companies operating in the crypto industry must be flexible and use platforms that host an extensive currency pool.

See also  British banking giant announces partnership with Ripple!

B2BinPay has established itself as one of the most diverse platforms in this context, expanding the currency portfolio even further with the v17 update.

B2BinPays token support now reaches up to 14 stablecoins and 113 new tokens on 14 unique blockchain networks. The most popular offers are Ethereum, Tron, Binance Smart Chain, etc.

Revised pricing model

The v17 upgrade also reexamined the platform price modelwith much more competitive prices and relaxed requirements for the whole customer base.

Let’s explore the price changes further. For merchants, the installation process only costs $500. In addition, commission costs have dropped from 0.5% to 0.4%. However, B2BinPay has also revised commission levels for merchants with lower volume requirements, offering a transaction fee of just 0.25%.

On the other hand, business customers can now set up their accounts for $1,000 instead of the previous $1,500. This more affordable setup also features a robust smart contract activation process, which enables smart contracts for Ethereum, Binance Smart Chain and Tron, Ripple, Binance Coin and Stellar wallets.

In addition to these changes, B2BinPay has emphasized its commitment to transparency. Their setup fees include all relevant costs associated with fully launching a crypto account, with no hidden fees or additional charges. To cater to the smallest corporate clients, B2BinPay has new commission levels, offering an impressive fee of just 0.05%.

Improved UI and UX

In addition to improved functionality and a revised pricing model, B2BinPay has ensured that platform navigation has been simplified for newcomers and loyal customers. Users can now filter the search field by currency type and alphabet.

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They can also select their preferred currency and track their data on the dashboard. B2BinPay also expanded its onboarding support and provided a detailed guide to adopting the platform features for specific needs.

In addition, payout fees can be displayed in the default currency that users choose. They can also select custom fees to control their spending on the platform.

Functionality improvements

B2BinPay v17 has added several quality of life features that help users get the most out of the crypto platform. These upgrades include optimized drop-down menus and expanded search options.

In addition, B2BinPay has removed the 7-day due date for invoices and implemented an email notification system for sending reports. In addition, the v17 upgrade allows users to quickly remove unnecessary wallets from their accounts.

Finally, corporate customers can sort their wallet tables by ID and currency type. 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

Of course, no platform is complete without state-of-the-art customer support features. B2BinPay’s upgrade paid off in this area too, with real-time support and a brand new “unread counter” feature that shows the queue number for tickets. These additional features allow specialists to quickly address customer issues.

Final thoughts

B2BinPay’s v17 upgrade is a major sign in the progress of this thriving platform. V17 further enhances the accessibility, convenience and functionality of the platform, allowing customers to enjoy a complete suite of offerings. B2BinPay announced that they are already working on v18 and v19 versions to continue their polishing and upgrade efforts.

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B2BinPay also announced several new partnerships. The platform works with Ledger to produce limited-edition Nano X wallets accessible only to loyal customers.

B2BinPay is also an official sponsor of the athletics club in the 2023/2024 La Liga season. Thus, B2BinPay continues its hands-on approach to improving its crypto platform, delivering on promised updates and ensuring that customer needs are met and even exceeded.

Disclaimer: This is a paid post and should not be treated as news/advice.

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Announces B2BinPay Final improvements lasting update v17
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