Alchemy Pay, a trailblazer in fiat-crypto payment gateways, has entered into a strategic alliance with Checkout.com, a celebrated global digital business payment processor.
Alchemy Pay’s platform is now complemented by Checkout.com’s Visa and Mastercard channels, thus paving the way for smooth transitions between traditional currency and cryptocurrency worldwide. Furthermore, plans are afoot to integrate these channels into NFT Checkout in the forthcoming period.
This collaboration will leverage Checkout.com’s payment rails of Visa and Mastercard, thus securing one of the industry’s top payment acceptance rates for Alchemy Pay. By facilitating the purchase and sale of digital assets through Visa and Mastercard via the Alchemy Pay Ramp and NFT Checkout, users can expect seamless conversion processes. This move by Checkout.com is instrumental in removing barriers to widespread adoption of crypto and NFT services, reinforcing Alchemy Pay’s commitment to merging the global fiat and crypto economies.
A pioneer in payment solutions for large global enterprise merchants, Checkout.com processes massive transaction volumes daily. In 2021 alone, the company reported that it handled hundreds of billions of dollars in payments. Among its notable clients are global giants such as Netflix, Farfetch, Grab, Sony, Pizza Hut, and Shein.
As a leading payment processor, Checkout.com’s support extends to top crypto industry players like Circle and Kucoin, offering high global acceptance rates, enhanced conversion rates, reduced chargebacks, and comprehensive global coverage through a single, streamlined access point.
On its part, Alchemy Pay has been active in forging alliances with globally recognised acquirers and payment processors to enhance its on and off-ramp processes. These partnerships have significantly bolstered Alchemy Pay’s global coverage, licensing, and its ability to reduce transaction and operational costs.
Aside from these alliances, Alchemy Pay holds a commendable record of acquiring licences in numerous countries and regions, including the United States, Canada, Indonesia, and Lithuania.
This achievement testifies to Alchemy Pay’s proficiency and prowess in the crypto payment industry, acknowledged by major entities like Visa and Mastercard, which regard Alchemy Pay as their official payment service provider.
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