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Binance Pay

Gold TierMinimal KYC

Binance Pay is a zero-fee crypto payment gateway backed by the world's largest crypto exchange. 300M+ user base, instant settlement between Binance users, POS terminal, mass payouts, and Shopify/WooCommerce plugins. Minimal KYC (Binance account required). Ideal for businesses targeting Binance's massive ecosystem.

Last verified March 26, 2026

Fees

Transaction Fee0%
Setup FeeFree
Monthly FeeFree
Fiat ConversionVaries

Features

Subscriptions
Invoicing
POS Terminal
API Access
White Label
Mass Payouts
Fiat Settlement
Non-Custodial

Details

Supported CryptoBTC, ETH, BNB, USDT, USDC, SOL, XRP, DOGE, ADA, DOT, AVAX, MATIC, LTC, TRX
ChainsBSC, Ethereum, Tron, Solana, Polygon, Avalanche, Arbitrum, Optimism
PluginsShopify, WooCommerce
Open Source
Self-Hosted

Pros

  • 0% transaction fees — completely free for crypto-to-crypto
  • 300M+ Binance user base — massive payment network
  • Mass payouts for batch crypto payments
  • POS for in-store crypto acceptance
  • 14+ cryptocurrencies supported natively
  • Fiat settlement available in select regions
  • Shopify and WooCommerce plugins
  • Instant settlement between Binance users

Cons

  • Minimal KYC required — Binance account verification
  • Custodial — funds held in Binance ecosystem
  • Closed-loop system — best for Binance-to-Binance payments
  • Fiat settlement limited to certain jurisdictions
  • Regulatory uncertainty — Binance faces scrutiny in multiple countries
  • No white-label option
  • No subscription billing

Best For

Businesses targeting Binance's 300M+ user base wanting zero-fee crypto payment acceptance

How Binance Pay Compares

FeatureBinance PayNOWPaymentsPlisio
TierGoldGoldGold
KYC LevelMinimal KYCMinimal KYCMinimal KYC
Transaction Fee0%0.5%0.5%
Monthly FeeFreeFree (Business plan available)Free
Supported CryptoBTC, ETH, BNB, USDT, USDC +9BTC, ETH, USDT, USDC, LTC +5BTC, ETH, USDT, USDC, LTC +5
ChainsBSC, Ethereum, Tron, Solana +4Ethereum, BSC, Tron, Solana +3Ethereum, BSC, Tron, Litecoin +1
Subscriptions
Invoicing
POS Terminal
API
PluginsShopify, WooCommerceWooCommerce, Shopify, Magento, PrestaShop, WHMCS, OpenCart, Zen CartWooCommerce, Shopify, Magento, PrestaShop, OpenCart, WHMCS
White Label
Mass Payouts
Fiat Settlement
Non-Custodial
Open Source
Affiliate ProgramNone25% Per transaction, 5-year lifetime25% Revenue share
Action
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Binance Pay Review — Minimal KYC Crypto Payment Gateway | Payyd