What is BSC (BNB) payment?

A BSC (BNB) payment is a cryptocurrency transaction made on the Binance Smart Chain (BSC), a blockchain platform developed by Binance, one of the largest cryptocurrency exchanges in the world. Payments can involve BNB, the native cryptocurrency of BSC, or tokens following the BEP-20 standard, similar to Ethereum’s ERC-20.

How does BSC (BNB) payment gateway work?

1

Set Up BSC (BNB) Payments for Your Business

‍Calypso Pay provides a comprehensive payment gateway API, allowing you to easily add BNB, BEP-20 tokens and other crypto payment options to your website or platform.

2

Customer Selects to Pay with BNB

Your customers can choose to pay with BNB or BEP-20 tokens or other supported cryptocurrencies. They can also pay in fiat, which Calypso Pay will convert into crypto for your account.

3

We Generate a Payment Widget

Calypso Pay instantly creates a payment widget that calculates the amount in BNB and provides the payment details to your customer. You can also enable auto-conversion to minimize the impact of price volatility.

4

You Receive Payments Directly

Once the payment is processed, funds are sent directly to your business wallet. You have the option to transfer internally between accounts with zero fees.

Why use BSC (BNB) for business?

  • Low Transaction Fees: BSC transactions cost an average of $0.10, making it highly cost-effective compared to other blockchain networks or traditional payment methods.
  • High-Speed Transactions:  Transactions are processed within 3–5 seconds, ensuring quick payment confirmations and smoother user experiences.
  • Scalability: BSC supports 100+ transactions per second, making it suitable for businesses with high transaction volumes, such as mass payouts or frequent microtransactions.
  • Interoperability with BEP-20 Tokens: Businesses can accept BNB and a variety of BEP-20 tokens, giving customers more payment options and increasing flexibility.
  • DeFi Integration: Leverage BSC’s decentralized finance (DeFi) ecosystem to access tools like staking, lending, and decentralized exchanges, unlocking additional financial opportunities.
  • Global Reach:  Accepting BNB and BEP-20 tokens enables businesses to cater to a global customer base while avoiding high fees for cross-border payments.
  • Robust Ecosystem: BSC offers an extensive network of wallets, dApps, and services, making it easy for businesses to adopt and integrate cryptocurrency payments.
  • Enhanced Security: BSC utilizes Binance’s proven dual-chain architecture, ensuring secure and reliable transactions for businesses and their customers.

How to accept BSC (BNB) payments for business?

1. Sign Up for a Calypso Pay Account. Register with Calypso Pay in under a minute. Our support team is available to assist with onboarding and integration.

2. Create an API Key. Generate an API key to set up Calypso Pay payment gateway. This will allow you to accept BNB and BEP-20 tokens payments and make payouts seamlessly.

3. Set Up a Payment Widget. Create a cryptocurrency Payment Widget, add BNB as a payment option, and embed it on your website. Customize the payment flow to match your business needs and branding.

With these steps, you're ready to start accepting BNB payments through Calypso Pay.

BSC payment methods

Invoices: limited and unlimited crypto invoices, fiat invoices.

Payouts: single and mass payouts.

Specific cases: recurring payments, payroll.

Payment flow: Payment Widget, Payment Link or Embedded Link.

‍BSC (BNB) payment gateway API: is supported.

FAQ

How do I accept BSC (BNB) payments?

  • Sign up for a Calypso Pay business account.  
  • Complete the onboarding process with our account manager.  
  • Generate your first API key.  
  • Use our API documentation or get help from our support team to integrate.  
  • Add BNB as a payment option in your checkout.

What is a BSC (BNB) payment gateway?

A BSC (BNB) payment gateway is a suite of tools that allows merchants to accept BNB and BEP-20 stable coins as a payment. It provides a seamless way for businesses to accept cryptocurrency for goods and services.  

What is the BSC (BNB) payment method?  

The BSC (BNB) payment method enables you to receive BNB and BEP-20 tokens for your products or services. It can be implemented via API, e-commerce plugins, invoices, or payment widgets.  

How fast are BSC (BNB) transactions?

BSC processes transactions in 3–5 seconds, offering near-instant payment confirmations for businesses and customers.

What are the transaction fees on BSC?

Transaction fees on BSC average around $0.10, making it one of the most affordable blockchain networks for payments and transfers.

Why should businesses use BSC for payments?

Businesses benefit from BSC’s low fees, fast processing speed, and support for multiple tokens, making it ideal for scalable and cost-effective operations, including mass payouts.

What tokens can I use on BSC for payments?

You can use BNB, the native token of BSC, along with BEP-20 tokens, and other stablecoins or utility tokens compatible with the BSC ecosystem.

Can I make mass payouts with BSC?

Yes, BSC supports mass payouts via platforms like Calypso Pay. With its low fees and fast transaction speed, you can send payments to hundreds or thousands of recipients efficiently.

What are BSC’s scalability benefits?

BSC handles over 100 transactions per second, making it suitable for high-volume businesses, including e-commerce, gaming, and financial services.

How secure are BSC transactions?

BSC utilizes Binance's dual-chain architecture with robust security protocols, ensuring safe and reliable transactions.

Are BSC payments good for cross-border transactions?

Yes, BSC's low fees and fast processing make it an excellent option for cross-border payments, allowing businesses to avoid high banking fees and lengthy transfer times.

How does BSC compare to Ethereum for payments?

BSC is faster (3–5 seconds vs. Ethereum's ~10–15 seconds) and cheaper (average $0.10 per transaction vs. Ethereum’s ~$5–10). However, Ethereum has broader adoption and a larger ecosystem.

What are the limitations of BSC for businesses?

While BSC offers fast and low-cost transactions, its smaller ecosystem compared to Ethereum may limit certain niche use cases. However, the network continues to grow rapidly.

Is it legal to accept BSC payments for business?

It depends on your location. Calypso Pay works in all countries except the following ones:

  • Belarus
  • the Central African Republic
  • the Democratic Republic of the Congo
  • Iran
  • Iraq
  • Lebanon
  • Libya
  • Mali
  • Myanmar
  • Nicaragua
  • North Korea
  • the People’s Republic of China
  • Russia
  • Somalia
  • South Sudan
  • Sudan
  • Syria
  • Ukraine
  • Venezuela
  • Yemen
  • Zimbabwe