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Alchemy Pay and Binance Accomplice to Drive Binance Pay Service provider Integration – Press launch Bitcoin Information


PRESS RELEASE. Singapore, August 3, 2021 – Binance, the world’s largest crypto alternate, has partnered with crypto-fiat hybrid cost options supplier Alchemy Pay to construct a cost bridge between crypto and fiat by means of the Binance Pay pockets.

Binance Pay is a contactless, borderless, and safe user-to-user cryptocurrency cost characteristic on the Binance App. Launched as beta in February, Binance Pay’s features enable customers and retailers to ship and obtain crypto funds world wide with out incurring particular dealing with charges for utilizing crypto.

Supported by Alchemy Pay’s fiat-crypto integration, Binance Pay is on the market for each peer-to-peer funds and merchant-based transactions. Customers and retailers can select their most popular choices for paying and getting paid with 40+ supported cryptocurrencies.

“Alchemy Pay was based in 2018 by a staff of fiat cost gateway veterans with a shared imaginative and prescient to construct a sensible bridge between fiat and crypto,” stated Alchemy Pay CEO, John Tan. “After we began, the whole worth of the cryptocurrency market was lower than a tenth of a % of what it’s immediately. Digital funds exterior of the $80 trillion fiat financial system had been nearly unknown to the world.”

Commenting on the partnership, John stated, “Alchemy Pay’s partnership with Binance for the Binance Pay pockets considerably expands the sensible spine purposes we construct between the crypto and fiat worlds.”

Alchemy Pay service provider networks embrace Shopify, QFPay, Hong Kong’s Pricerite, Singapore’s Ce La Vi, Canadian footwear model Aldo, multinational Arcadier SaaS, Midwest World Asia taxi companies (with its community of greater than 2500 limousine drivers) and extra.

About Binance

Binance is the world’s largest crypto-asset alternate, with practically $40 billion of buying and selling quantity per day. Along with making a marketplace for crypto property, Binance gives an intensive vary of crypto and blockchain associated companies for people and establishments.

About Alchemy Pay

Alchemy Pay is the inventor of the world’s first hybrid fiat and digital forex gateway answer for companies and buyers. Alchemy Pay powers seamless crypto and fiat acceptance for service provider networks, builders and monetary establishments, and powers adoption of blockchain know-how by making crypto funding and DeFi companies readily accessible to customers and establishments within the fiat financial system. As we speak, Alchemy operates in 18 international locations and areas and has touchpoints with greater than 2 million retailers by means of partnerships with trade giants equivalent to Shopify, Arcadier, QFPay and extra.

For media enquiries, please contact:

E-mail: worldwide@alchemtech.io


It is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or companies. Bitcoin.com is just not accountable, straight or not directly, for any injury or loss brought on or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about within the press launch.

Picture Credit: Shutterstock, Pixabay, Wiki Commons





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