Alchemy Pay, a prominent fiat-crypto payment gateway, has embarked on a significant strategic partnership with Volt, a leader in global real-time payment solutions. This collaboration is poised to revolutionize Alchemy Pay’s offerings by incorporating Volt’s cutting-edge payment channels, including notable entities like Revolut and N26.
This integration is specifically designed to expand Alchemy Pay’s reach within crucial European markets, enhancing the platform’s ability to handle real-time EURO transactions for cryptocurrency purchases.
This go-to-market strategy is in line with Alchemy Pay’s underlying mission of enabling faster EURO settlements; facilitating a more convenient experience for users partaking in cryptocurrency dealings. Under the agreement, Alchemy Pay will utilize Volt’s broad pan-European payment ecosystem and Open Banking technology to support the immediate payments.
Not only does this step is anticipated to enhance the user experience by simply making transactions easier but it will also boost conversion rates through improved payment flows and tighter fraud protections.
Broadening Horizons: Access and Adoption
Alchemy Pay’s integration with Volt includes the incorporation of popular payment platforms such as Revolut and N26, which are instrumental in broadening the spectrum of transactional options available to users.
Revolut, with its expansive user base exceeding 40 million by March 2024, serves numerous regions including the majority of European countries and the UK, among others globally. Similarly, N26 holds a strong market presence, particularly within Europe, adding substantial value to Alchemy Pay’s service by connecting with a wide demographic of digital banking users.
This advancement is expected to increase the penetration of cryptocurrencies like never before by making fiat-to-crypto conversion easier and available for a much wider audience, globally.
Volt’s state-of-the-art real-time payment network provides fast, secure and predictable transactions that mirror Alchemy Pay´s commitment to feature-rich fiat-to-crypto payment solutions. Combined, they plan to improve the overall service as a whole, which may create an impact on how cryptocurrency transactions are taking place in Europe and worldwide.
Furthermore, Alchemy Pay’s broad network already spans significant markets in Southeast Asia, Latin America, and Africa. The company’s ability to integrate with locally preferred mobile wallets and banking systems has been crucial in penetrating these markets.
Currently supporting over 173 countries and more than 50 fiat currencies, Alchemy Pay’s ambitious goal for the year includes achieving comprehensive global coverage, reaching every crypto-accessible country worldwide.
