Confirming its credentials in the traditional payments space, Visa recently listed Alchemy Pay as an official service provider within its Third Party Agent Program. Beyond Google Pay and Apple Pay, Alchemy Pay supports Mastercard and Visa in 173 countries, SEPA in Europe, and furthermore supports particularly high utility in Asia and Latin America by supporting highly popular regional payment methods in emerging markets such as GCash in the Philippines (60M users) OVO (92M users) and Dana (115M users) in Indonesia Pix in Brazil (116M users)Īlchemy Pay’s founding team’s experience in the traditional finance and fintech payments space has given an advantage where competitors have struggled. It makes payments more convenient for users and now Alchemy Pay has added it to make crypto purchases more convenient than ever.Īlchemy Pay’s ramp services enable a very direct way to make crypto purchases using fiat payment methods, while allowing users to custody their own crypto once purchased - a key feature of the decentralised Web3 movement. Google Pay is available to users on Android devices as well as Apple iPhones. Along with Apple Pay (also supported by Alchemy Pay), Google Pay takes a significant portion of that mobile wallet market. Mobile wallets have been steadily gaining payment market share year on year. Since its launch in June 2022, these ramp payment solutions have been integrated by numerous Web3 platforms and token issuers of all sizes.
The Singapore-based fiat-crypto payment gateway is taking crypto accessibility to the next level with direct-to-customer services with its On & Off-Ramp and NFT Checkout.
Alchemy Pay’s on-ramp now supports Google Pay to allow users to purchase crypto quickly, easily, and securely using their fiat currency funds.
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