• Floki has struck a strategic partnership with crypto payments provider Binance Pay.
• Binance Pay will provide crypto payments for Floki Shop, a newly launched Floki merchandise store.
• Customers can now buy items from the merch store using funds in the Binance Pay account.
Floki, the people’s cryptocurrency, has partnered with crypto payments provider Binance Pay in a strategic move to boost adoption of the recently launched Floki Shop. The Floki Shop is a merchandise store where customers can buy unique items, including fashion pieces.
The partnership between Floki and Binance Pay was announced on Tuesday, with both parties revealing the strategic collaboration via a Medium post and Twitter. Binance Pay is a payments feature in the Binance ecosystem, and it will become Floki’s main crypto payments provider, allowing customers to buy items from the merch store using funds in the Binance Pay account.
Speaking about the partnership, Floki Inu CEO and Co-Founder, Benson Toti, said: “We are delighted to partner with Binance Pay as our main crypto payments provider for Floki Shop. This partnership will enable us to provide customers with a fast, secure and convenient payment method when buying items from our store. Binance Pay is well-known for its secure and reliable payments infrastructure, and we look forward to continuing to work with them to drive the adoption of crypto payments.”
The Floki Shop is now live and taking orders, with customers able to purchase items with either crypto or fiat currencies. The store offers a wide range of items, including apparel, accessories, and collectibles. All purchases come with Floki rewards, giving customers the opportunity to earn additional FLOKI tokens.
Binance Pay CEO, Changpeng Zhao, also commented on the partnership, saying: “We are excited to provide Floki Shop customers with a secure and reliable payment method. This partnership is another testament to our commitment to driving the adoption of crypto payments. We look forward to working with the Floki team to further expand the reach of their store.”
The partnership between Floki and Binance Pay is a key move in the cryptocurrency platform’s plans to expand its influence and reach. The strategic collaboration will enable customers to easily and quickly purchase items from the Floki Shop, giving the platform a competitive advantage in the digital assets payments space.