According to TechFlow, Binance announced that it will gradually stop supporting Pay ID from August 6, 2024.

Binance stressed that the ability to send and receive cryptocurrencies via Binance ID, email, or phone is not affected. The company encourages users to start switching to other available Binance Pay methods for a seamless transition.

It is worth noting that historical transaction records sent or received via Pay ID will be retained and users can continue to access these records from [Pay] > [Transaction History].