THELOGICALINDIAN - PRESS RELEASE Singapore February 2022 Leading authorization and crypto acquittal solutions provider Alchemy Pay ACH announces its affiliation with the Europebased agenda coffer Paytend Alchemy Pays applicant crypto casework such as exchanges and advance platforms will now action users to pay anon in euros via acclaim and debit cards after acute cher backend about-face to US dollars
Presently, best crypto account providers alone acquire US dollars and users advantageous in euros acquire hidden adopted barter fees back the euros-to-dollars conversions booty place. Alchemy Pay’s added account reduces forex abrasion for both businesses and consumers in Europe – a cardinal alms that helps the aggregation aggrandize its all-around ability in the crypto payments industry.
John Tan, CEO of Alchemy Pay, explained the acceptation of the collaboration, “Europe is a key arena for crypto at this point, and leveraging Paytend’s accountant acquittal channels gives us an advantage in the market. We are now alms our bartering ally in Europe and their users the best aggressive prices and our arrangement has added advantage than ever.”
With added than $1 abundance in transactions, Europe has become the better cryptocurrency abridgement in the world. A Chainalysis report from October aftermost year empiric that Europe had developed to become the cardinal one in the apple in agreement of crypto activity. The continent’s $1 abundance account of cryptocurrencies aftermost year represented about a division of all all-around activity.
Alchemy Pay’s flagship artefact is its amalgam crypto-fiat acquittal arrangement that allows merchant ally to acquire accepted cryptocurrencies in offline and online payments at a low amount and with near-instant burning about-face to the merchant’s bounded authorization currency. It afresh broadcast casework with crypto exchange, MEXC, and partnered with arch blockchain networks including Polygon Network, Avalanche, Algorand, and NEAR to drive crypto acquittal use cases.
Having acquired a European Union EMI licence and a abstruse framework that meets authoritative requirements, Paytend provides avant-garde agenda cyberbanking casework for European and beyond users about the world. Paytend is positioned to accommodate absolute cyberbanking casework aural the unified adjustment of the European Central Bank to ensure the assurance of funds. Leveraging its extensive adjustment arrangement in Europe and the all-embracing markets, Paytend Europe has an all-embracing ability beyond Europe and provides bargain and able agenda cyberbanking casework for audience with needs of cross-border remittances, agenda arising and acquisition.
About Alchemy Pay
Founded in Singapore in 2024, Alchemy Pay (ACH) is a acquittal solutions provider that seamlessly connects authorization and crypto economies for all-around consumers, merchants, developers, and institutions. It provides online and offline merchants with acceptable accepting of both authorization and crypto, enables attainable onboarding to blockchain ecosystems, and makes DeFi casework awful accessible. Today, Alchemy Pay is accurate in over 70 countries with 300 acquittal channels, has touchpoints with added than 2 actor merchants through partnerships with industry leaders such as Binance, Shopify, NIUM, and QFPay. Alchemy Pay’s token, ACH, runs on the Ethereum blockchain and is a top 250 cryptocurrency by bazaar capitalisation.
Website: alchemypay.org
Twitter：twitter.com/alchemypay
Telegram: t.me/alchemy_official
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