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What Are the Fees for Merchants to Mint Binance Gift Cards?

What Are the Fees for Merchants to Mint Binance Gift Cards?

2023-07-31 02:01
Last updated: 4 Sep 2024

1. Binance Gift Card Merchant Fees

Starting from 21 August 2023, a transaction fee* will apply when you create gift cards in the Binance Gift Card mini-program, website, or API. Please contact giftcard@binance.com for more information about the fees and to receive a gift card distribution agreement template.
  • If you’re using the Binance Gift Card mini-program or website, the fees will be deducted from the wallet you make payment with.
  • If you’re using the Binance Gift Card API, the fees will be deducted from your Funding Wallet.
Please note that the transaction fees will be calculated based on your transaction details, in the currency of the gift card you’re creating.
*The transaction fee will be specified in the agreement between Binance and Merchant and it is subject to change pursuant to the terms of the agreement.

2. Will the transaction fees be refunded?

  • If the payment transaction fails, both the payment amount and transaction fee will be refunded in cryptocurrency.
  • If you redeemed the gift card to your Binance account, the transaction fee will not be refunded.
For more information, please visit the Gift Cards FAQs page.