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How to Receive Cryptocurrency Payments in Binance Pay

2021-03-01 01:25
There are two ways to receive cryptocurrency payments in Binance Pay. You can request payments via your Binance Pay QR code, or your Binance account email, phone number, or Pay ID.

How to receive cryptocurrency payments in Binance Pay via the Binance website?

Please follow the step-by-step instructions in this video:
tutorial video

How to receive cryptocurrency payments in Binance Pay via the Binance App?

1. Generate a QR code to receive payments

There are three kinds of QR codes you can generate to receive payments.
  • Payments in any cryptocurrencies
  • Payments in a specific cryptocurrency
  • Payments in a specific cryptocurrency and amount
1. Go to [User Center] - [Pay], and tap [Receive].
Or you can directly tap the [...] on the App homepage and tap [Receive] to generate your unique QR code and Pay ID.
2. Tap [Save QR] to save the QR code. You can then send it to others for payment.
3. When the payment is completed, you will see it in your Funding Wallet.
1. Tap [Add Amount], select the cryptocurrency you want to receive from the other party. Tap [Confirm].
2. The system will generate a unique QR code based on the cryptocurrency you chose. Simply send this QR code or your Pay ID to the other party to receive cryptocurrency payment.
If you want to specify the cryptocurrency and amount to the sender, you can tap [Add Amount], select cryptocurrency and add the amount you want to receive. You may also add a note to the other party. Tap [Confirm], Binance Pay will generate a unique QR code based on the payment details. Simply send this QR code or your Pay ID to the other party to receive cryptocurrency payment.

2. Use your Binance account email/phone number/Pay ID to receive payments

You can also send your Binance accounts email, phone number, or Pay ID to the sender to receive cryptocurrency payments.
Please note: Pay ID is different from User ID. Pay ID is generated from Binance Pay and used specifically for receiving cryptocurrency. Your User ID is your Binance unique identifier that is used for distinguishing your account.
There are several ways to find your Binance Pay ID:
1. Tap on the [...] on the App homepage and tap [Receive]. Then tap the copy icon next to [My Pay ID] to copy.
2. You can also tap the QR code scanner on the homepage, tap [Receive].
3. Alternatively, you can go to [User Center] - [Pay], and tap [Receive].
After the payment is completed, the funds will be reflected in your [Wallets] - [Funding] - [Pay] - [Payment History].