#BinancePick

What is the P2P Bank Transfer payment method on Bin?
Currently, when trading P2P on Binance, you may see three payment methods:
- Bank transfer
- MoMo
- Bank Transfer
The first two methods are quite familiar and mostly involve trading directly with P2P merchants as usual.
So what makes Bank Transfer different?
Based on what I’ve learned, this method involves Alchemy Pay, a payment solutions provider founded in Singapore in 2017.
In Vietnam, the company that transfers the money to the seller is G. Payment Joint Stock Company.