Alchemy Pay Expands Payment Capabilities with Integration of AlipayHK, DANA, QRIS, and GCash
Singapore-based fiat-crypto payment solutions provider, Alchemy Pay, has announced its latest move to expand its payment capabilities. The company has integrated popular e-wallets AlipayHK, DANA, QRIS, and GCash into its NFT Checkout feature, offering users in Hong Kong and Southeast Asia a seamless way to access NFTs.
By incorporating these local e-wallets into its platform, Alchemy Pay aims to strengthen its position in the Southeast Asian market and provide a larger user base with familiar payment options. This integration aligns with Alchemy Pay’s mission to bridge the gap between traditional fiat currencies and cryptocurrencies, offering users flexibility and convenience when purchasing NFTs.
Alchemy Pay has been actively pursuing licenses, such as the Money Service Operator (MSO) license in Hong Kong, in its commitment to regulatory compliance. The company aims to secure these licenses in the coming months, further solidifying its presence in the region.
The Alchemy Pay NFT Checkout feature enables businesses to sell and accept payments for NFTs through various methods, including credit cards, debit cards, and local payment options. Users can conveniently purchase NFTs using their preferred fiat currencies, providing a secure and efficient payment experience.
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that connects cryptocurrencies with traditional fiat currencies. Its suite of solutions, including the On-and-Off-Ramp solution, NFT Checkout, Crypto Card, and Crypto Payments, facilitates seamless transactions for businesses, developers, and end users in over 173 countries worldwide.
With this latest integration, Alchemy Pay continues to drive the adoption of NFTs and revolutionize the way digital assets are bought and sold. By leveraging the popularity of local e-wallets, the company is making NFTs more accessible to a wider audience, fueling further growth and innovation in the Southeast Asian market.
Analyst comment
Positive news: Alchemy Pay’s integration of popular e-wallets into its NFT Checkout feature strengthens its position in Southeast Asian markets and provides users with familiar payment options. Alchemy Pay’s pursuit of licenses demonstrates commitment to regulatory compliance. The NFT Checkout feature offers secure and convenient payment options, driving adoption of NFTs and fueling growth in the Southeast Asian market.
