Alchemy Pay Enhances Crypto Purchases with EU Open Banking Integration

Alchemy Pay has introduced a new feature that simplifies cryptocurrency purchases for users in the European Union. By integrating EU Open Banking through Volt, the company now allows users to make instant payments in Euros. This update aims to provide a faster, more convenient way to buy digital currencies. In addition, it supports over 200 payment channels, including major banks, mobile wallets, and local banks.

Alchemy Pay Uses Volt to Enable Instant Crypto Payments for Users

The integration involves the use of Volt’s modern technology to enable real-time transactions. In this way, it eliminates the time it would take to transfer money through normal banking means. With this update, Alchemy Pay users can seamlessly buy cryptocurrencies using cards or other integrated payment platforms such as Revolut which is a popular mobile wallet in the system. The entire process is simple and veiled to provide an easy and friction less entry to the world of crypto both for an individual user and an organization.

Alchemy Pay, which began operating in Singapore in 2017, specializes in connecting fiat and cryptocurrencies. The company provides a range of services to make it seamless to adopt Crypto Payments for businesses and developers which include On & Off Ramp solutions, Crypto card, and Web 3.0 Digital Bank solutions. These services help users in 173 countries, and as a result, it is the market leader in payment services.

Alchemy Pay Paves the Way for Faster Crypto Interaction in European Market

This expansion has been complemented by Ramp service of the company, which has already become an important link in the provision of services for buying and selling cryptocurrencies using fiat money. With such integrations as Volt, Alchemy Pay is now setting itself up for the Web3 and blockchain industry, which is already seeing increasing use of digital currencies.

With this new integration, Alchemy Pay is one step further in the process of making cryptocurrencies more accessible in the European market to enable users to interact with digital assets at a faster rate. Due to the ever-growing development of blockchain and crypto, Alchemy Pay’s planning to extend the services and improve the user experience will help improve the adoption of cryptocurrency all over the world.