In brief
B2BinPay says version 18 of its services combines merchant and enterprise account types into one account, giving users access to features from both wallet types. The company says the change is intended to simplify registration and onboarding, with a single fee structure and options to tailor services. The update also brings changes to the website interface, wallet and transfer pages, account settings, invoices, support tools and rates page. Users can set invoice expiration dates without the former seven-day limit, and account settings now include API and permission controls alongside two-factor authentication. Separately, B2BinPay announced cooperation with Travel Rule provider Notabene, which the company says supports its regulatory compliance efforts. The release is dated November 16, 2023, and identifies Hong Kong as the announcement location.
Key takeaways
- B2BinPay v18 combines merchant and enterprise account types and provides access to features from both wallet types.
- The company describes a single fee structure and service customization options as part of a simplified onboarding process.
- Website changes cover wallet and transfer management, account settings, invoice deadlines, customer support and rates.
- B2BinPay announced cooperation with Notabene on Travel Rule requirements.
Major updates announced by B2BinPay
Hong Kong, November 16, 2023 -- B2BinPay announced a new update to its services and website built on its previous v17 update a few months ago. The new B2BinPay v18 takes account management and customisation to a new level.
The new update merges merchant and enterprise account types into a single account, unifying features and offerings and smoothing the onboarding process. The update also includes a reworked front-end interface and clearer pages on the user account menu.
Let’s go through some of the major updates that B2BinPay announced.
Merge - New Account type
The significant change in the user's account is merging two business models into one, where the enterprise and merchant account types are now unified under one single account. This introduction aligns with the company’s new approach to providing customised services with a simplified stream.
Simplified Account Management
With this update, a unified account now provides access to the features of both wallet types. This change simplifies the registration process, allowing clients to easily join the platform without the need to navigate through detailed information about each wallet type. This more efficient approach enables businesses to quickly begin utilising B2BinPay's services, allowing them to concentrate on their core business activities.
Improved Onboarding
Users can register and launch their service in no time! With the new update, the creation payment processing system is now subject to a single fee structure, without extra charges for changing service packages or wallet functions.
Users can now pick and choose the service they want and customise the platform to their needs without long waiting times or complicated procedures. The new approach is straightforward and easier to grasp.
Revamped Front-End
The new release brings a fresh look to B2BinPay webpages with new design aesthetics that fit the B2Broker group website. However, it is about more than beautiful looks and aesthetics because the website has undergone significant technical changes to improve loading time and security measures.
The new look is thoughtful and effortless, adding new features and updating current ones without reconstructing the whole page, so users can still find their favourite features. Here are the areas that were revamped.
Wallet & Transfers Management
The wallet page underwent several updates to simplify it by cutting clutter and removing unnecessary steps and clicks. The same happened to the transfers page, which ensures a smoother, straightforward user experience.
Withdrawals, payouts, exchanges and other features were also part of the update that improved their efficiency and functionality.
Account Configuration
The account menu has also gone through significant updates that improved its functionality and security. Users can now configure their preference settings to manage API integrations and permissions. When it comes to security measures, technical improvements were made to reinforce the structure, besides adding the 2FA for an additional safety layer.
Invoice Settings
Users can now configure invoices and expiration dates. The previous 7-day expiration limit was removed, so the user can now customise deadlines and enjoy more flexibility in issuing invoices.
Helpdesk Panel
The helpdesk was also part of the B2BinPay v18 update, which added more language options to customer support to serve users from different countries.
The flow of the support has also been reviewed with new sticker notifications and messaging that help users keep up with their support tickets.
Rates Page
Users can now access rates and explore filtering options thanks to the new update revamped this page. The user experience is more seamless by putting the rates in the menu's top section. This helps users quickly access currency options and rates and use filters and favourite options.
B2BinPay x Notabene
The new update was accompanied by cooperation to promote the company’s adherence to regulations and legal requirements. B2BinPay announced a cooperation with the Travel Rule solution provider, Notabene.
This coordination reinforces B2BinPay’s compliance by adopting the Financial Action Task Forex (FATF). This model sets the Travel Rule requirements, which entails collecting and sharing user data in crypto payments to fight against cyber crimes and money laundering.
Final Thoughts
Releasing a new update two months after the last one indicates the company’s strive for excellence and delivering services that meet and exceed market expectations.
The new B2BinPay v18 sets the ground for new industry standards, supporting the company’s crypto payment services leadership. The update included unifying account types to provide a seamless experience, customised services, and various UX and interface improvements that enhance the user journey.
Contact Info:
Name: CHOW CHI WING
Email: Send Email
Organization: SOFTWARE TECHNOLOGIES LIMITED
Address: Block B, 8th Floor, MG Tower, 133 Hoi Bun Road, Kowloon, Hong Kong
Website: https://b2binpay.com/
Disclaimer:
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At a glance
- Company
- B2BinPay
- Announcement
- Product
- Location
- Hong Kong
Key figures
- Release version
- v18
- Previous release version
- v17
- Former invoice expiration limit
- 7-day
