Alchemy Pay, Fiat Crypto Payment Gateway founded in Singapore in 2017, achieves AUSTRAC’s, Australia’s financial intelligence agency and anti-money laundering regulator, consent as a digital exchange provider in Australia. The registration of Alchemy Pay under the banner of AUSTRAC will provide more safe and secure fiat-to-crypto payment services in The Australian Market. Ailona Tisk, CMO of Alchemy Pay, says that their ultimate aim is to connect the traditional financial system with decentralized crypto economy. This registration of Alchemy Pay will offer it a prominent position among other industry players.
Alchemy Pay, A Reliable Financial Technology Provider
After teaming up with AUSTRAC, Alchemy Pay is sure to provide transparency and accountability. This is a revolutionary step in this regard as the safety of the investment is the key to success. Those who try to cheat the new enthusiasts in different ways can be held accountable for their wrong doings with Australian AML and CTF regulations.
As Alchemy Pay promises the security to its investors, its credibility has now increased in the eyes of consumers. Alchemy Pay will now take legal actions against those who try to dodge the consumers. With its robust security, stakeholders have now strong faith in Alchemy Pay.
People start investing when they are made sure that their investment will go in vain. Alchemy Pay is going to expand its services as it has teamed up with AUSTRAC. The aim of Alchemy Pay now is to connect the users to the global crypto economy.
Users often take risks while investing in crypto as they are not sure about its safety. They want reliability and trust in the company. In this regard, Alchemy Pay is going to minimize this risk by providing anti money laundering (AML) and counter terrorism financing (CTF) compliance requirements.
This partnership with AUSTRAC will bring uninterrupted services to its users. It will also create resistance against regulatory challenges. Moreover, it will enhance the trust of the stakeholders in order to invest in crypto.
Alchemy Pay is Growing Globally
Now Alchemy Pay is eyeing to secure twenty regulatory licenses globally. Alchemy Pay has been registered in Canada as a Money Services Business with FINTRAC. Moreover, it has also expanded its North American footprint by securing eight Money Transmitter Licenses (MTLs) across the United States. All these initiatives manifest that Alchemy Pay intends to provide security, interconnected crypto economy and trust for users worldwide.
