Ryder, an innovative crypto hardware wallet, now uses Alchemy Pay’s On and Off-Ramp solution on its website. Ryder wallet users may better manage their digital assets using this technology. Ryder and Alchemy Pay want to improve crypto trading and depositing by increasing flexibility.
Ryder Revolutionizes Crypto Storage with TapSafe Recovery Method
This deal principally integrates Alchemy Pay’s On-and-Off-Ramp solution into Ryder’s ecosystem. Ryder wallet users may deposit fiat currency using Visa and MasterCard using this capability. The connection also makes varied fiat mobile wallets available in impoverished areas, increasing users and making digital asset management more accessible worldwide.
Ryder’s crypto storage and maintenance strategy is unique. Ryder introduced TapSafe recovery instead of seed phrases. This method simplifies wallet recovery while maintaining security. The self-custody solution uses technology, a smartphone app, and trusted social ties to make it secure and easy.
Ryder’s TapSafe recovery method eliminates the need to memorize complex seed words. In self-custody, user comfort and security often conflict. The above new solution is a breakthrough. Ryder stands out in the crypto wallet business by stressing user experience and security.
Ryder used Alchemy Pay’s On-and-Off-Ramp technology to simplify cryptocurrency transaction initiation and termination. The company operates in 173 countries and has over 300 fiat payment options. Alchemy Pay offers payment options beyond card-based transactions thanks to its extensive network. Local mobile wallets make transactions easy, expanding the use of cryptocurrencies in daily life.
Ryder to Introduce TapSafe Recovery Tech in Q4 2023
Alchemy Pay has received licenses in the US, Canada, Indonesia, Lithuania, and most recently Arkansas because of its strict compliance with regulations. These accomplishments demonstrate the company’s compliance with relevant laws and strong position in crypto payments. Visa and Mastercard’s approval of Alchemy Pay as a third-party payment service provider highlights the company’s achievements.
Ryder will deploy its TapSafe recovery technology in the fourth quarter of 2023. The firm’s highly qualified workforce with different professional backgrounds brings a wealth of knowledge and abilities to the project. Their experience with Opensea, Stacks, Twitter/X, DGI, NASA, and Aston Martin gave them this knowledge. Ryder has backing from Oak Grove Ventures, Trust Machines’ Muneeb Ali, DeSpread, and other industry leaders. Ryder has successfully run over 10 crowdfunding campaigns, positioning it to impact the crypto wallet industry.