Bahrain’s central bank (CBB) approved a partnership between EazyPay and Binance to launch the first regulated & approved crypto payments service offering in MENA.
Crypto payments will be available across 5000+ Point-of-Sale (POS) Terminals & Online Payment gateways in Bahrain.
Users in the area looking to use bitcoin as payment will be prompted with a QR code from EazyPay’s terminal, which can then be scanned with the Binance App, allowing almost instant payments with the chosen currency.
Recently, the Kingdom of Bahrain, in collaboration with the CBB and OpenNode, began testing Bitcoin payments through the central bank’s financial sandbox platform.
