BinnoPay

The revolutionary solution for daily micropayments with cryptocurrencies that makes Bitcoin's original vision a reality: returning financial power to the hands of the people.

What is BinnoPay?

BinnoPay is an innovative solution designed to facilitate micropayments with cryptocurrencies in physical establishments. Unlike traditional solutions, BinnoPay allows users to make daily payments using their fingerprint or NFC technology, eliminating the need to carry cash or bank cards.

This intuitive tool makes possible a true adoption of cryptocurrencies as a daily payment method, not just as an investment vehicle, thus fulfilling the original vision of blockchain technology.

Main features:

  • Fingerprint Payments: Secure authentication through biometric verification, where data is stored securely and only a hash is used on the blockchain.
  • NFC Payments: Use your smartphone's NFC technology to make quick and secure contactless payments.
  • Fiat Card Support: Local storage of contactless fiat payment card details for greater convenience.
  • Offline Transaction Handling: Smart system to prevent fraud when the device is offline.
BinnoPay
Pagos Cotidianos
Huella Dactilar
Autenticación Biométrica
NFC
Pagos Sin Contacto
BinnoPOS
Terminal Físico
BinnoWallet
Gestión de Activos
Seguridad Biométrica
Pagos Instantáneos
Sin Comisiones

How does BinnoPay work?

Fingerprint payment process:

  1. The user enters their unique Binno username (@username) on the BinnoPOS terminal.
  2. The user places their fingerprint on the device's scanner.
  3. The blockchain verifies the fingerprint hash associated with that account.
  4. If verification is successful, the device releases the transaction using the key associated with the user's fingerprint.
  5. The payment is completed in seconds, with minimal fees for the merchant (0.3%).

NFC payment process:

  1. The user opens their BinnoWallet on their smartphone.
  2. They select the cryptocurrency they want to pay with.
  3. They bring their phone close to the BinnoPOS device.
  4. The payment is automatically processed through NFC technology.
  5. The transaction is immediately confirmed on BinnoChain.

BinnoPay Advantages

Advanced Security

Biometric authentication provides a superior level of security compared to traditional methods. Fingerprint data is stored locally on the device, while only a hash is saved on the blockchain, ensuring the privacy and security of sensitive user information.

Ease of use

Designed with user experience in mind, BinnoPay eliminates the complexity traditionally associated with cryptocurrency transactions. No need to remember private keys or long addresses - just your username and your fingerprint.

Fee-free transactions

Transactions within BinnoChain are free for users, making BinnoPay ideal for daily micropayments without worrying about high fees that could make small transactions unprofitable.

Fraud prevention

The smart system for handling offline transactions prevents fraud. If the payer's device is offline, payments are temporarily blocked until the hash can be verified on the blockchain, thus protecting merchants and users.

Integration with the Binno Ecosystem

BinnoPay integrates seamlessly with the entire Binno ecosystem, providing a fluid experience for users.

Key connections:

  • BinnoPOS: Physical device that processes payments with BinnoPay in businesses.
  • BinnoPAY API: Open API for businesses to integrate BinnoPay functionality into their devices.

Take your payments to the next level

Discover how BinnoPay can transform your everyday payment experience and be part of the blockchain revolution that returns financial control to the people.

More details in the Whitepaper