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How to Pay Merchants with Credit/Debit Cards on Binance Pay

2022-11-08 06:47
You can now use your credit/debit card to make payments to merchants via Binance Pay. Simply scan the payment QR code or tap the payment link on the merchant’s platform and choose how you want to pay.

How to pay with a credit/debit card via Binance Pay?

1. Scan the payment QR code or click the payment link on the merchant’s platform. You will be redirected to the checkout page on Binance Pay, where you can select the payment method and payment currency.
Please note that if your crypto balance is sufficient to cover this transaction, the system will prioritize crypto payments.
2. Tap [>] next to [Payment Method] and select [Credit/Debit Card]. Tap [Continue].
Please note when you choose to pay with a card, the system will use the fiat currency you chose as the final payment currency. For example, if you chose USD as [Currency], your transaction will be in USD.
3. You will be redirected to a partnering fiat checkout page. Tap [Continue with Binance Account] - [Continue].
4.1 If you have added your credit/debit cards before, you can select the one to use for this transaction from the drop-down list.
4.2 If you haven’t added any credit/debit card before, you will be prompted to do so. Enter your card details and tap [Submit].
5. After selecting the card, you will see the payment amount and the transaction fee in fiat. Check the order details carefully and tap [Confirm].
Depending on the bank you use, you may be asked to complete 3DS verification.
6. After verifying your payment information, the system will process your payment. You will see the payment complete page once ready.

Frequently Asked Questions

1. Why do I have to pay a transaction fee?
The transaction fee is charged by our partnering websites for crypto transactions. Please note that currently Binance Pay does not charge any transaction fees.
2. What fiat currencies do Binance Pay support?
Currently, Binance Pay supports GHS, COP, CHF, AED, UYU, TWD, THB, SAR, PLN, NZD, MXN, KZT, JPY, ISK, ILS, AUD, AZN, BGN, BRL, CAD, CLP, CZK, DKK, EGP, HKD, HRK, HUF, IDR, INR, KES, NGN, PEN, PHP, RON, SEK, TRY, UAH, UGX, USD, VND, ZAR, GBP, EUR.
The list of supported currencies may change depending on the card you are using. Please refer to the payment confirmation page for the most updated information.
3. What credit/debit cards does Binance Pay support?
Currently, Binance Pay only supports Visa and Mastercard payments.
4. I applied for a refund after paying with my credit/debit card. How long does it take for the refund to process?
Please note that Binance Pay only supports crypto refunds at the moment. Typically, crypto refunds are processed instantly.