Alchemy Pay Introduces SEPA Deposits in Europe
Date: 2023-12-04 Author: Dima Zakharov Categories: IN WORLD
Expanding Payment Options
Alchemy Pay has introduced new payment methods to expedite transfers and streamline cryptocurrency purchases. This initiative, aimed at enhancing convenience, was highlighted in the platform's official blog.
What's New?
European customers of Alchemy Pay can now buy up to €5,000 in cryptocurrency using the SEPA system. Additionally, the Faster Payments extension has set a transfer limit of £5,000 for users in England. Both payment methods are available across 30 European countries, subject to Know Your Customer (KYC) verification before use.
Global Impact
Reportedly, Alchemy Pay currently supports 300 fiat payment channels across 173 countries worldwide. While its primary focus remains Southeast Asia, the platform is actively expanding into other regions.
Recently, the payment provider obtained licenses in some US states, including Iowa and Arkansas. Earlier this year, in February, Alchemy Pay was also registered in Indonesia and Lithuania.
Collaborations and Innovations
Alchemy Pay collaborates with Mastercard, introducing the NFT Checkout feature in June. This partnership allows users to purchase non-fungible tokens (NFTs) using fiat currency, enhancing accessibility to the digital art market.
