October 4th, 2024
Google Pay’s broad reach and trusted security features make this integration a valuable addition.
This partnership aligns with Alchemy Pay’s broader goal of bridging traditional finance and the crypto world, making transactions more fluid and less cumbersome.
The partnership will see Alchemy Pay add support for multiple third-party local payment methods (LPMs) as payment options for its fiat on-ramp solution.
Mastercard’s account opening API integration enhances security and risk control features across Alchemy Pay’s product range, including On & Off-ramp solutions, NFT Checkout, and the Crypto Card Solution.
This integration broadens the accessibility of Fan Tokens on Chiliz, allowing global sports enthusiasts to engage more seamlessly with their favorite teams.
“Crypto companies will be able to continue transaction activity as an unregulated business,” stated the Hawai‘i Department of Commerce and Consumer Affairs (DCCA) in a press release.
With the product already accessible to many regions, the Web3 Digital Bank will also serve as a bridge connecting the traditional finance industry to the world of cryptocurrencies.
Alchemy Pay is continuing its expansion in the United States and has now gotten a money transfer license in Iowa.
The issuance of this license, provided by the Arkansas Securities Department, marks a pivotal moment for Alchemy Pay as it is the company’s first Money Transmitter License within the United States.
Alchemy’s new raise of $10 million was single-handedly funded by market maker DWF Labs.