Binance has introduced a new QR code payment feature in Argentina, enabling users to pay for products and services using cryptocurrencies directly from the Binance app at merchants that accept QR payments.
Transactions are processed instantly, securely, and without fees.
Andrés Ondarra, Binance General Manager for Argentina and the Southern Cone, described the launch as “a leap toward true financial freedom,” adding that it provides “speed, security, and flexibility to use your digital assets at any merchant, without fees or complications.
It is the simplest and most practical way to integrate cryptocurrencies into everyday life.”
To make a payment, users scan a merchant’s QR code with the Binance app, select a cryptocurrency, and confirm the transaction.
Binance automatically converts the chosen crypto into Argentine pesos through a regulated local partner, ensuring merchants receive local-currency payments while users spend directly from their crypto balances.
The platform supports over 100 cryptocurrencies, including USDT and BTC, and allows users to pay from Spot, Funding, or Earn account balances.
Argentina has an advanced QR payment ecosystem, which millions of people use daily.
By integrating crypto into this existing payment method, Binance aims to enable everyday use of digital assets.
The system provides speed, zero fees, and flexibility while allowing merchants to receive payments in pesos with no added complexity.
The QR payment feature operates on Binance Pay, the company’s global payment system that facilitates borderless crypto transfers.
Ondarra added,
“Crypto was always meant to be practical. Our goal is to remove barriers so everyone, from a student buying coffee to a small business owner, can use crypto as easily as they use cash or cards. QR payments bring us closer to that vision.”
The QR payment feature is available for Binance users in Argentina with sufficient cryptocurrency balances and the latest version of the Binance app.
Transactions are completed in Argentine pesos after automatic conversion at the market rate.
Featured image credit: Binance
The post Binance Introduces QR Code Crypto Payments in Argentina appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.
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