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Binance Pay Usage and Configuration Guide

Written by Cavie
Updated over 3 weeks ago

This guide helps merchants understand how to enable and use Binance Pay within Infini, including the applicable requirements, fees, and payment flow.

1. Overview

Binance Pay is a crypto payment solution provided by Binance, covering a large global user base and supporting payments via the Binance App or Binance website.

Infini now supports Binance Pay to help merchants:

  • Reach more users within the Binance ecosystem

  • Improve conversion rates among crypto-native customers

  • Add a mainstream payment method without changing existing settlement workflows

2. Important Notes Before Enabling

KYB Merchants Only

Binance Pay is only available to business accounts that have completed KYB verification. Individual merchants (KYC-only accounts) are currently not supported.

3. Fee Structure

  • The reference standard transaction fee is 0.8%. For high-volume merchants or partnership opportunities, please contact our sales team for further discussion.

  • For merchants operating in special or high-risk industries, the transaction fee may be adjusted up to 1.0%, subject to compliance review and final approval.

4. How to Enable Binance Pay in Infini

Log in to the Infini Merchant Dashboard and navigate to: Payments → Settings → Payment Methods, then enable Binance Pay.

If your account has not yet completed KYB verification, a system prompt will appear. Please follow the instructions to complete the KYB process before enabling Binance Pay.

5. Payment Flow (Customer Side)

1. The customer selects Binance Pay on the checkout page. The page enters a loading state and the order is created.

2. The payment options are then displayed. The following three payment paths are supported:


2.1 QR Code Payment

A Binance Pay QR code is displayed. The customer scans the QR code using the Binance App, after which they will be redirected to the payment confirmation page to:

  • Select the payment account

  • Confirm the payment

  • Complete two-factor authentication

Once these steps are completed, the order payment is successful.

2.1.1

2.1.2

2.1.3

2.1.4

2.2 App Redirect Payment

On mobile devices, the system directly launches the Binance App to complete the payment. After the redirection, the customer proceeds through the following steps:

  • Select the payment account

  • Confirm the payment

  • Complete two-factor authentication

Once completed, the order payment is successful.

2.2.1

2.2.2

2.2.3

2.3 Web Payment

The customer is redirected to the Binance official website to complete the payment and continues using the web browser. The payment process includes:

  • Selecting the payment account

  • Confirming the payment

  • Completing two-factor authentication

Once these steps are completed, the order payment is successful.

2.3.1

2.3.2

2.3.3

2.3.4

2.3.5

6. Checkout Logo and Merchant Information Settings

Update Merchant Logo

Log in to the Infini Merchant DashboardSettings & Verification → upload the logo file → save the changes.

Update Merchant Name Navigate to Acquiring → Settings → Payment Settings, then update the merchant display name.

Once the setup is completed, the logo will be displayed on the payment page and included in relevant notifications.

7. Order Expiration Time Settings

Merchants can set the order validity period based on their business needs.

Setting path: Infini Business Dashboard → Payments → Settings → Payment Settings → Order Expiration Time (minutes) → Save Changes

  • The order expiration time can be entered manually (in minutes).

  • Alternatively, merchants can click “Quick Setup” to select from commonly used time options.

The maximum order validity period is 30 days.

Disclaimer

This document is provided for informational purposes only and does not constitute legal, financial, or compliance advice, nor does it form any binding commitment or agreement. Features, fees, and applicable conditions may vary based on merchant profiles, compliance reviews, and actual execution, and are subject to the final terms confirmed on the Infini Business platform.

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