The launch of a joint service between Splyt and Binance should allow users of the world’s largest crypto exchange to pay for services without leaving the mobile application.
Binance and app developer Splyt have partnered to offer 90 million users in 150 countries access to vehicle rental and ticketing services through the Binance Marketplace.
Through the partnership, Binance will become the first cryptocurrency exchange in the world to offer ride-hailing services on its platform. Once the service is launched, users will be able to book services and pay for services in their preferred cryptocurrency using Binance Pay without downloading third-party apps or leaving the Binance app.
The Splyt team is expected to help serve the users of the exchange and its partners through full service integration, as well as built-in customer support in national languages.
Earlier, Binance Australia CEO Leigh Travers noted that the lack of regulatory certainty is causing major financial institutions to stay away from the cryptocurrency industry. In his opinion, tougher regulation will set higher standards for crypto companies and increase investor confidence.