Binance Pay will open the service to eligible overseas users starting Wednesday, allowing visitors to Japan to pay with USDT at most merchants that support PayPay through HIVEX. The framework links overseas QR code payment services with Japanese merchants in the PayPay network. Merchants do not need to complete a separate integration, while settlement will still be handled in Japanese yen. PayPay is a cashless payment service in Japan with coverage across millions of locations, including large chain stores, small retailers, vending machines, taxis, and public transportation. The update was cited by Odaily, which referenced Cointelegraph.
Binance Pay will open its service to eligible overseas users starting Wednesday, according to Odaily, citing Cointelegraph. Visitors to Japan will be able to use USDT through HIVEX at most merchants in Japan that support PayPay.
HIVEX is a payment interoperability framework that connects overseas QR code payment services with Japanese merchants supported by PayPay. Merchants do not need a separate integration, and settlement will still be made in Japanese yen.
PayPay is a cashless payment service in Japan. It covers millions of locations, including large chain stores, small retailers, vending machines, taxis, and public transportation.
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