Tranzify

Provider type: crypto · On request

Binance Pay + Tranzify

Binance Pay is the crypto payment service of the Binance exchange: a payer pays from a Binance account in USDT or Bitcoin, and Binance Pay converts and settles the funds to the client under its own terms. A Tranzify client enables it from the catalogue under its own contract; Tranzify never holds crypto or fiat, it routes, journals and calls the webhook.

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Currencies
USDT, BTC
Supported operations
deposit · payout

What the integration covers

Binance Pay is listed in the catalogue as a crypto provider with two methods, USDT and Bitcoin, for payers in the United Arab Emirates and Brazil, with USDT and BTC as the currencies. The operations are pay-in and payout: a payer confirms the payment in the Binance app, Binance Pay confirms it within seconds and converts and settles the funds to the client under its own terms, and payouts go out through Binance Pay in the same currencies. Refunds and recurring charges are not part of this integration. The status is on request: the integration is built when a client asks for it, tested against the Binance Pay sandbox and handed over with the client’s own credentials.

How a client enables it

The client, a licensed PSP or fintech, opens its account with Binance Pay under its own contract; Binance Pay settles the funds to the client, and Tranzify never holds crypto or fiat. The credentials go into the terminal settings in the Tranzify back office, and routing rules decide which payments go to Binance Pay, by currency, amount, merchant or weight, and cascade them with the other USDT and Bitcoin providers of the catalogue, such as NOWPayments and Cryptomus. Tranzify verifies every Binance Pay callback before it changes a payment’s status, journals every payment, callback and retry, and calls the client’s webhook with the result.

How to connect

  1. 1Onboard with Tranzify and get your network, keys and back office.
  2. 2Enter your account with the provider in the terminal settings — Tranzify already speaks its API.
  3. 3Add routing rules: countries, currencies, amounts, BIN ranges, priorities and weights.
  4. 4Go live. Every payment, callback and retry is in the journal for five years.

Frequently asked questions

Which countries and currencies does Binance Pay cover?+
The catalogue lists the United Arab Emirates and Brazil, with USDT and BTC as the currencies; the integration carries pay-ins and payouts.
What does the client need?+
An account with Binance Pay under its own licence and contract; the credentials go into the terminal settings in the Tranzify back office.
How is the integration enabled?+
On a client’s request: the Tranzify team builds and tests it with the Binance Pay sandbox, and the client then switches it on in its routing rules with its own credentials.

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