Home Knowledge base Announcements Cashaa now provides fiat gateway for Binance Chain

UK-based neo-bank Cashaa has developed a fiat gateway for Binance Chain to provide BEP2 tokens direct access with the world’s most liquid national currencies. With Cashaa integration, Binance Chain projects will immediately be able to allow their holders to buy and sell tokens in US Dollar, Sterling Pound, Euro, and Indian Rupees. 

Cashaa’s BEP2 gateway will link the Binance Chain with the UK Faster Payments (FPS), Single Euro Payment Area network (SEPA), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IMPS) as well as Society for Worldwide Interbank Financial Telecommunications (SWIFT) for countries where the local network is not integrated, while the US’ local payment network Automated Clearing House (ACH) and Wire will be connected in the coming month. 

List of payment networks that will be linked with Binance Chain (BEP2):

Testing with the national networks with BEP2 token (CAS) is ongoing, and will go live on 12th April 2020, 18:00 GMT . The US Dollar will be available in May 2020.

Cashaa’s BEP2 gateway will also enable businesses to use the BEP2 gateway to build other financial products such as payment utility, payment gateway for merchants, issue debit and credit cards to spend their BEP2 tokens, and many more. As the native token of the Cashaa platform is CAS, it will be required to use our services, for example, to activate crypto with a national banking network, discount on transaction fees and much more.

Projects that want to be part of Cashaa BEP2 gateway can fill out the following Google form to apply or can get in touch with their relationship manager.

Apply here: https://forms.gle/nw7PdSPmzvmXJtCC9


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