Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
Binance Pay simplifies crypto payments to merchants, making transactions quick and secure. You can pay effortlessly by scanning a merchant's QR code.
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1. Scan the merchant’s Binance Pay QR code with your Binance App. There are two ways to access the QR code scanner in your Binance App:
a. Tap the QR code scanner on the homepage
b. Long pressing the Binance App icon on your mobile home screen. Tap [Scan].
2. Payment details will be reflected after scanning the QR code. Please note that your payment details will vary depending on the payment instructions set by the merchant upon QR code creation.
3. You can then select the crypto to be utilized for your payment. Tap on the [>] to change the wallet. Review the payment details and tap [Confirm].
Please note that in case the balance of your prioritized crypto is insufficient to cover the payment amount, multiple cryptocurrencies will be used in your preferred payment order to fulfill your payment.
4. Enter your Pay PIN or complete 2FA to verify the payment. Please note that your Pay PIN will be locked upon five incorrect attempts. In case your Pay PIN is locked, you can try again after five hours.
5. After verifying your PIN, you will see the payment details. Your payment is now complete.
1. If you wish to change your payment cryptocurrency order, tap [>] next to [Currency] to view your available crypto balance for payment.
2. Simply drag the available crypto to arrange them in your preferred order. This setting will only apply to your current transaction and will not affect the payment priority order configured upon your Binance Pay setup.
To learn more about other Binance Pay products, visit Binance Pay FAQs.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Please fund your wallet and perform your transactions cautiously. Not financial advice. For more information, see our Terms of Use and Risk Warning.
