Binance Pay and French fintech Lyzi have partnered to revolutionize crypto payments along the French Riviera, integrating digital assets into luxury tourism and retail.
This collaboration enables over 80 businesses, including high-end hotels and Michelin-starred restaurants, to accept seamless, fee-free cryptocurrency transactions, enhancing financial accessibility for tourists and locals alike.
According to COINOTAG, “This initiative exemplifies how strategic local partnerships can accelerate crypto adoption in mainstream markets, particularly in regions with high international visitor traffic.”
Binance Pay’s partnership with Lyzi brings seamless, zero-fee crypto payments to the French Riviera, transforming luxury tourism with broad digital asset acceptance.
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The alliance between Binance Pay and Lyzi marks a pivotal advancement in the adoption of cryptocurrency as a practical payment method within one of Europe’s most prestigious regions. By integrating Binance Pay’s secure, borderless payment technology with Lyzi’s local expertise, this initiative empowers over 80 luxury businesses—from boutique hotels to exclusive beach clubs—to accept a diverse range of digital assets. This expansion not only enhances convenience for crypto holders but also signals growing confidence in digital currencies as a mainstream medium of exchange in high-value sectors.
The partnership prioritizes user-friendly design, allowing consumers to effortlessly pay via QR code scanning through the Binance app. Transactions are confirmed instantly with zero gas fees, a significant advantage over traditional blockchain payments that often incur costly network charges. Supporting multiple stablecoins and digital assets, this system ensures cost-effective and flexible payment options, making everyday purchases with crypto both practical and appealing. Merchants benefit from reduced chargebacks and lower processing fees, positioning themselves competitively within a tech-savvy, international clientele.
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Source: https://en.coinotag.com/binance-pay-and-lyzi-partnership-could-expand-crypto-payments-on-the-french-riviera/