1 year ago
PRESS RELEASE. Alchemy Pay, the starring fiat-crypto outgo solution provider, has announced a caller concern with Trust Wallet, the starring self-custody and mutichain wallet with implicit 70 cardinal users, enabling users to easy bargain and merchantability crypto with aggregate fiat payments wrong Trust Wallet directly.
The integration allows users to person much connected and off-ramps solutions, which accelerate web3 adoption by lowering the introduction obstruction for retail users. Trust Wallet users present are capable to easy person betwixt crypto and fiat by utilizing assorted planetary and section outgo methods, with much than 30 fiat currencies and 10 cardinal cryptocurrencies crossed implicit 100 blockchains supported.
“Alchemy Pay takes large pridefulness successful our concern with Trust Wallet, 1 of the starring crypto wallets, to supply broad connected and off-ramp enactment to a planetary idiosyncratic community. Our unwavering committedness is to facilitate a smooth, compliant, and unafraid idiosyncratic onboarding process connected fiat on-ramp and crypto off-ramp.” said Robert McCracken, the Ecosystem Lead astatine Alchemy Pay.
Trust Wallet Product Lead Nate Zou stated: “We’re excited to connection much fiat solutions for our users by moving with Alchemy Pay, making crypto much accessible than ever. This opens up caller buying options for our planetary idiosyncratic basal and introduces little fees and much convenient outgo methods portion maintaining afloat ownership of their assets.”
Alchemy Pay specializes successful providing solutions that alteration cryptocurrency and Web3 services to entree fiat outgo options, frankincense enhancing their accessibility for a broader audience. Leveraging its extended web of planetary acquirers and remittance enterprises, Alchemy Pay presently supports an awesome sum of much than 300 fiat outgo channels spanning crossed 173 countries.
Alchemy Pay’s superior absorption and advantageous areas prevarication successful emerging markets specified arsenic Southeast Asia and Latin America. Notably, it has successfully integrated with widely-used section e-wallets similar GCash (with 60 cardinal users) and Maya (50 cardinal users) successful the Philippines, OVO (92 cardinal users) and Dana (115 cardinal users) successful Indonesia, Touch ‘n Go successful Malaysia (17.8 cardinal users), Pix successful Brazil (116 cardinal users), and others.
In its pursuit of broadening its work portfolio, enhancing transaction occurrence rates, and optimizing operational efficiency, Alchemy Pay actively pursues licenses successful assorted countries and regions including the United States, Canada, Indonesia, and Lithuania. Over the past 3 months, Alchemy Pay has been connected a winning streak by securing Money Transmitter Licenses successful some Arkansas and Iowa to beryllium its ability. Additionally, it has forthcoming plans to execute regulatory compliance successful Hong Kong, the UK, and the US. Currently, Alchemy Pay is besides the authoritative outgo work supplier for Visa and Mastercard, ensuring unafraid and compliant processes for some onramping and offramping transactions.
About Alchemy Pay
Founded successful Singapore successful 2017, Alchemy Pay is simply a outgo gateway that seamlessly connects crypto with accepted fiat currencies for businesses, developers, and extremity users. With its On & Off-Ramp solution, NFT Checkout, Crypto Card and Crypto Payments, Alchemy Pay supports payments successful 173 countries.
The Ramp is simply a one-stop solution to bargain and merchantability crypto and fiat, easy integrated by platforms and dApps according to requirements. The NFT Checkout enables nonstop purchases of NFTs utilizing fiat outgo methods. The Crypto Card solution empowers businesses and token issuers to supply users with branded virtual and carnal cards for instant planetary spending. ACH is the Alchemy Pay web token connected the Ethereum blockchain.
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