The ‘Venmo moment’ for crypto? Binance Pay’s scan-and-send upgrade gets us close

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Copy-pasting addresses and double-checking characters may soon be obsolete. With Send On-Chain and Send via Contact, Binance Pay reduces crypto transfers to two steps: scan or select, then send. The era of Web3 wallet gymnastics seems over.

According to a press release shared with crypto.news on July 3, Binance Pay has rolled out two major features aimed at bridging the gap between traditional digital payments and crypto’s often cumbersome transfer process.

The Send On-Chain and Send via Contact upgrades allow users to send over 300 cryptocurrencies either by selecting a recipient from their phone contacts or scanning a QR code for on-chain transactions—eliminating manual address entry and gas fees for peer-to-peer transfers.

Jonathan Lim, Global Head of Binance Pay, framed the move as part of a broader push to “merge off-chain and on-chain transfers” into one seamless experience.

“These features…

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