Binance’s partnership with Worldpay is aimed at supporting mobile-first users and regions with limited access to traditional banking infrastructure, a strategy Binance’s Vice President of Fiat, Thomas Gregory, said aligns with Worldpay’s global reach

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These onramps are particularly valuable for individuals who are unbanked or underbanked, providing them with access to financial tools that were previously unavailable to them.

This is especially true for users who are unbanked or underbanked. In areas where financial systems are weak or missing, mobile-first tools like this can become the simplest and alternative way for them to transact, invest, and save.

Binance says the partnership is "especially impactful" in regions where credit card usage is limited, but mobile penetration is high.

Binance’s Vice President of Fiat, Thomas Gregory, said Worldpay’s strong global presence in digital payments made the partnership a natural fit.

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