Binance is a pioneer of cashless digital payments in ASEAN
Binance Pay has officially been implemented as a crypto payment method in Vietnam. As a crypto user, this is a highly anticipated breakthrough, as volatility does not impact due to the 1:1 backup from the dollar. Vietnam was chosen because of its open government climate towards blockchain itself. ASEAN is also a region integrated with the use of QRIS like in Indonesia. It makes it easier for us without having to carry a lot of cash, in just one "tap". However, QRIS is limited with repeat usage and has a payment deadline.
Binance Pay vs QRIS
QRIS itself is a digital payment using a barcode that is scanned. It has been accepted in many regions outside Indonesia, such as ASEAN, Japan, and South Korea.
However, in technology, there are definitely many evolutions. Binance pay comes in renewing the acceptance of money, not only from the country's currency but using crypto, namely stablecoin. Everything makes it easier, however, Binance pay adds a color that will make payments very easy.
Travel payments, cashless travel, no longer causing difficulties, as easy as with "Tap" payment is complete
So you choose to use Binance pay, cash, credit card, or QRIS?
Binance pay, Cross-border payments, QR payment