Thu, November 30

Alchemy Pay Integrates Multiple European Payment Channels

Alchemy Pay Integrates Multiple European Payment Channels Blockchain News
  • Alchemy Pay has successfully integrated a number of European local payment channels.
  • It is a major step toward realizing the European Union’s objective of a single digital market.

With its newest strategic move, Alchemy Pay, a Singaporean crypto on- and off-ramp solutions provider, is poised to completely transform the European crypto industry.

Alchemy Pay has successfully integrated a number of European local payment channels. These include Bancontact in Belgium, iDEAL in the Netherlands, and globally accessible options like Skrill and Neteller. The aim is to enable frictionless crypto transactions via the euro.

Further facilitating access to digital assets through Poland’s preferred local e-wallet, BLIK. Alchemy Pay has added support for the PLN currency, making it accessible for Polish users. Alchemy Pay, which was founded in 2017 and has its headquarters in Singapore, has quickly become a frontrunner in developing countries. Thus, garnering significant influence in Latin America and Southeast Asia.

Boosting Crypto Adoption

Alchemy Pay is dedicated to simplifying the onboarding process and promoting the adoption of cryptocurrencies throughout its expansive network of more than 300 fiat modes of payment in 173 countries.

Moreover, Alchemy Pay’s strategic expansion into Europe is a major step toward realizing the European Union’s objective of a single digital market.

On the other hand, an official cooperation between the leading fiat-crypto payment gateway and Neo, the premier open-source and community-driven blockchain platform, has been revealed. This Neo-organized Hackathon will run from July to October 2023. And will take place in six different locations throughout Asia and the Pacific.

Furthermore, it aims to bring together blockchain professionals from all walks of life. Including those interested in DeFi, NFT, GameFi, DAO, AI, and infrastructure. In order to collaborate on improving the future of the industry as a whole.

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An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.