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Blockchain

Alchemy Pay Integrates Multiple European Payment Channels

By Jeff Horseman

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Jeff Horseman
Jeff Horseman
Jeff Horseman got into journalism because he liked to write and stunk at math. He grew up in Vermont and he honed his interviewing skills as a supermarket cashier by asking Bernie Sanders “Paper or plastic?” After graduating from Syracuse University in 1999, Jeff began his journalistic odyssey at The Watertown Daily Times in upstate New York, where he impressed then-U.S. Senate candidate Hillary Clinton so much she called him “John” at the end of an interview. From there, he went to Annapolis, Maryland, where he covered city, county and state government at The Capital newspaper. Today, Jeff writes about anything and everything. Along the way, Jeff has covered wildfires, a tropical storm, 9/11 and the Dec. 2 terror attack in San Bernardino. If you have a question or story idea about politics or the inner workings of government, please let Jeff know. He’ll do his best to answer, even if it involves a little math.
  • Alchemy Pay has successfully integrated a number of European local payment channels.
  • It is a major step toward realizing the European Union’s objective of a single digital market.

With its newest strategic move, Alchemy Pay, a Singaporean crypto on- and off-ramp solutions provider, is poised to completely transform the European crypto industry.

Alchemy Pay has successfully integrated a number of European local payment channels. These include Bancontact in Belgium, iDEAL in the Netherlands, and globally accessible options like Skrill and Neteller. The aim is to enable frictionless crypto transactions via the euro.

Further facilitating access to digital assets through Poland’s preferred local e-wallet, BLIK. Alchemy Pay has added support for the PLN currency, making it accessible for Polish users. Alchemy Pay, which was founded in 2017 and has its headquarters in Singapore, has quickly become a frontrunner in developing countries. Thus, garnering significant influence in Latin America and Southeast Asia.

Boosting Crypto Adoption

Alchemy Pay is dedicated to simplifying the onboarding process and promoting the adoption of cryptocurrencies throughout its expansive network of more than 300 fiat modes of payment in 173 countries.

Moreover, Alchemy Pay’s strategic expansion into Europe is a major step toward realizing the European Union’s objective of a single digital market.

On the other hand, an official cooperation between the leading fiat-crypto payment gateway and Neo, the premier open-source and community-driven blockchain platform, has been revealed. This Neo-organized Hackathon will run from July to October 2023. And will take place in six different locations throughout Asia and the Pacific.

Furthermore, it aims to bring together blockchain professionals from all walks of life. Including those interested in DeFi, NFT, GameFi, DAO, AI, and infrastructure. In order to collaborate on improving the future of the industry as a whole.

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