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Instpower Enables Crypto Payments at 14,000 Locations via Binance Pay and Alchemy Pay

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Instpower, the world’s leading power bank charging service, has teamed up with Binance Pay and Alchemy Pay to enable their users to pay with cryptocurrency for power bank devices at over 14,000 locations around the world. Due to its borderless nature, crypto is the ideal way to pay for Instpower’s shared power banks, commonly used by travellers to charge their devices while on the go at hotels, restaurants, bars, and airports.


Due to the integration with Binance Pay via Alchemy Pay, users are now able to pay with crypto for Instpower machines in Japan, Germany, Austria, Italy, United Kingdom, Turkey, France, Hungary, Canada, Mexico, and Brazil, with many more regions to come.


Binance Pay’s Regional Head of Business Development, Pakning Luk, said of the partnership: “We are pleased to be making crypto payments possible for Instpower users who will directly benefit from borderless cryptocurrencies. We are delighted to have the support of our partner Alchemy Pay to make this happen.” 


Since their partnership was announced in August last year, Alchemy Pay (ACH), one of the industry’s leading crypto-fiat payment providers, has been facilitating Binance Pay’s crypto to fiat settlement process. Designed by Binance (BNB), the world’s largest crypto exchange, Binance Pay is a contactless crypto payment technology that allows users to shop with crypto or send crypto to friends and family worldwide.


A video of Instpower’s power banks accepting crypto payments via Binance Pay can be seen here:


Instpower’s Founder, Cody Lee, said: “This seamless integration of Binance Pay via Alchemy Pay’s payment solutions marks a huge step forward in our drive to make our power banks as accessible and flexible as possible for our customers worldwide. We believe cryptocurrency will play an increasingly important part in the future of digital payments and crypto’s borderless nature benefits our travelling customers.”


Alchemy Pay CEO, John Tan, responded to the partnership: “We are delighted to be providing the backend solutions for Binance Pay’s crypto payments for a fast-growing, global presence like Instpower. We continue to make crypto a highly accessible form of payment for real-world services which we believe holds the key to worldwide crypto adoption and a more equitable financial system.” 

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