Remittance instructions

BiyaPay supports real-time exchange rate inquiry and exchange of more than 20 legal currencies and more than 200 digital currencies, providing users with faster, lower-cost, and barrier-free online international remittances.

In addition to currency exchange function, BiyaPay comes with a built-in intelligent exchange calculator, providing real-time exchange rates, as well as exchange and cross-border remittance transaction services.
Simply put, BiyaPay remittance is doing these two things

1. Exchange rate inquiry and currency conversion information services

BiyaPay currently supports more than 20 legal currencies and real-time exchange rate queries and exchanges for more than 200 digital currencies.
Supported digital currencies: USDT ETH BTC EOS BCH LTC TUSD PAX TRX XRP, etc.
Supported legal tender: US Dollar, Swedish Krona, Singapore Dollar, Thai Baht, Turkish Lira, South African Rand, Australian Dollar, Canadian Dollar, Swiss Franc, Danish Krone, Euro, British Pound, Hong Kong Dollar, Japanese Yen, Korean Dollar, Macau Dollar, Ringgit, Norwegian Krone, New Zealand Dollar, Philippines Peso.

2. Currency remittance service

BiyaPay supports the use of digital currency as a medium to exchange more than 20 types of legal tender in real time.
The use of digital currency can achieve instant transfers worldwide, and using digital currency remittances will receive funds faster.

• Low transaction costs
  Compared with traditional methods such as bank transfers and remittances, digital currency transactions do not require payment to third parties, and their transaction costs are lower, especially compared to cross-border transfers that provide high transaction fees to payment service providers.
• Fast transaction speed
  The blockchain technology used in digital currency has the characteristics of decentralization, which does not require any centralized institution similar to a clearing center to process data, and the transaction processing speed is faster.
• High anonymity
  In addition to physical currency being able to achieve peer-to-peer transactions without intermediaries, one of the advantages of digital currency compared to other electronic payment methods is its support for remote peer-to-peer payments. It does not require any trusted third party as an intermediary, and both parties can complete transactions in completely unfamiliar situations without trusting each other. Therefore, it has higher anonymity and can protect the privacy of traders.

BiyaPay will always be a cross-border remittance app that closely accompanies users, continuing to meet the remittance needs of individuals, trade, tourism, medical and other scenarios.