Alchemy Pay & Checkout.com team up to offer global payment rails
By Gloria Mathias
Alchemy Pay, a fiat-crypto payment gateway, has announced a significant partnership with Checkout.com, a payment processor for global digital businesses.
Alchemy Pay has integrated Checkout.com’s Visa and Mastercard channels into its on and off-ramp, enabling effortless transactions between fiat currency and cryptocurrency across the globe. Additionally, NFT Checkout is also scheduled to integrate these two channels soon.
This integration enables users to effortlessly buy and sell digital assets through Visa and Mastercard using the Alchemy Pay Ramp and NFT Checkout. The smooth conversion process facilitated by Checkout.com aids in eliminating obstacles to widespread crypto and NFT service adoption, aligning with Alchemy Pay’s mission of bridging the gap between the fiat and crypto global economies.
The payments gateway has actively pursued collaborations with global acquirers and payment processors to facilitate its on and off-ramp processes. Alchemy Pay has successfully connected to its key targeted markets by leveraging its payment channels. These partners have considerably increased its global coverage and licensing capabilities and reduced transaction and operating costs.
Alchemy Pay is a Singapore-based payment gateway connecting crypto with traditional fiat currencies for businesses, developers, and end users. Alchemy Pay has a strong track record in securing licenses across various countries and regions, such as the United States, Canada, Indonesia, and Lithuania, highlighting its competence and payment abilities in the crypto payment industry.
Checkout.com is a payment solution that helps businesses and their communities thrive in the digital economy. The modular payments platform is ideal for enterprise businesses looking to integrate better payment solutions seamlessly.
IBSi Daily News Analysis
January 16, 2024
Alchemy Pay
Egypt among top remittance recipient countries in 2023: World Bank
Read MoreIBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage