Categories
Business

Binance Pay Payments Now Accepted By Ukrainian Pharmacy

ANC Pharmacy, one of the biggest pharmacy chains in the country, has partnered with Binance Ukraine to debut cryptocurrency payments via contactless crypto payment service Binance Pay.

Making payments with cryptocurrencies is a dream for many. Several nations have adopted this mechanism that allows easy payments using crypto. Binance Pay is one such platform that lets users pay for their favorite items without converting cryptocurrencies to fiat.

According to the latest announcement, ANC Pharmacy, one of the largest pharmaceutical merchants in Ukraine, is now accepting Binance Pay.

According to the details from the announcement, users will be able to enjoy Binance Pay payments starting January 3. All that users have to do is download the Binance app and visit the website. Users can choose the product that they want to order and then choose Binance Pay as the mode of payment.

Binance Pay acceptance will be available not only at ANC pharmacies but also in ANC pharmacy-operated stores like Kopiyka and Shara. The collaboration will allow Ukrainians to purchase any kind of pharmaceutical product without the need to convert their cryptocurrencies to fiat.

ANC has over 1100 pharmacies in over 138 cities in Ukraine. The pharmacy also provides over 22,000 products for health and beauty. It is also one of the first and only robotic pharmacies in Ukraine.

Binance has been actively pushing its presence in Ukraine over the past few years. In September 2022, Binance partnered with the Ukrainian supermarket chain Varus, allowing customers to pay for grocery purchases through its Binance Pay Wallet.

In early February 2022, just weeks before Russian forces invaded Ukraine Binance Ukraine’s General Manager, Kirill Khomyakov, revealed in an interview that launching a Binance Card in Ukraine was one of its top priorities for 2022.

According to Khomyakov, crypto payments via services like Binance Card do not conflict with Ukrainian laws because there is no ban on crypto-derived transactions in the country.