CoinPayments Launches Revamped Crypto Payment Platform

The upgraded platform introduces a comprehensive suite of tools to reduce transaction costs, speed processing times, and improve the overall user experience. One of the standout enhancements is instant transaction verification, which eliminates the need for multiple blockchain confirmations, significantly streamlining the checkout process for merchants.

Complementing this, CoinPayments has rolled out a new batching system that allows users to consolidate multiple withdrawals into a single transaction. This innovation is expected to reduce gas fees by up to 90%, offering substantial savings. Additionally, users can access everyday utilities directly within the platform, including bill payments, eSIM purchases, and prepaid cards, further integrating crypto into daily life.

The platform now offers express Know Your Business (KYB) verification for quicker onboarding and service access. Merchants get real-time invoicing and automated fund recovery for errors on the same blockchain. Additionally, an improved callback address system simplifies gas fee management by consolidating charges for account-based wallets.

Security and compliance remain core priorities. The platform includes advanced transaction monitoring and built-in regulatory protections, helping prevent financial crimes without disrupting business operations.

CoinPayments founder Alex Alexandrov called the revamped platform a “game changer” for the fintech space, noting that the updates focus on user empowerment, cost reduction, and operational control. “We’ve built this platform with our users in mind,” he said. “It’s about giving them more power, fewer costs, and greater control.”

As CoinPayments enhances its offerings, global crypto adoption continues to gain traction, particularly in emerging markets.

In a parallel development, Binance has deepened its footprint in Central Asia by partnering with Kyrgyzstan’s National Agency for Investments. This collaboration, formalized during the country’s inaugural Council for the Development of Digital Assets meeting—attended by President Sadyr Japarov—aims to roll out crypto payment infrastructure and nationwide blockchain education initiatives.

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