Alchemy Pay, a widely recognized fiat-crypto payment processing solution, has broadened its support by integrating with Scroll, a cutting-edge Layer-2 scaling solution that enhances Ethereum capabilities through zero-knowledge technology and compatibility with the Ethereum Virtual Machine. This new integration allows users to access USDT and USDC on Scroll via the Alchemy Pay gateway, enabling individuals to purchase these assets with over 50 fiat currencies and various payment options in 173 countries.
Exciting news! #AlchemyPay is now compatible with the @Scroll_ZKP network, incorporating Scroll-USDT/USDC on our Fiat On-Ramp! By streamlining fiat-crypto onboarding, we are teaming up with #Scroll to improve accessibility for users and developers worldwide … pic.twitter.com/TUBnJYSikD — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 5, 2024
Alchemy Pay Adds Support for USDT and USDC via Scroll Integration
Scroll, a new Layer 2 blockchain developed by Ethereum developers, boasts scalability, security, and open-source features while upholding Ethereum’s core principles. Its main objective is to provide a scaling solution that maintains Ethereum’s commitment to secure decentralization.
Given that USDT and USDC are integrated into the Scroll ecosystem, Scroll will collaborate with Alchemy Pay to promote these assets to users and developers, enriching the Scroll ecosystem and attracting a global user base.
With a presence in 173 countries, Alchemy Pay accepts major payment methods like Visa and Mastercard, as well as innovative options like Apple Pay and Google Pay. Offering over 300 channels, Alchemy Pay not only helps users avoid high transaction fees but also ensures fast and secure transactions.
Alchemy Pay Expands Regulatory Compliance with New Licenses
As a leading global payment gateway, Alchemy Pay has obtained compliance licenses in multiple jurisdictions, including the United States, Canada, Indonesia, and Lithuania. Their recent acquisition of a Money Transmitter License in New Hampshire, along with an Authorized Payment Institution License in the UK, further solidifies Alchemy Pay’s reputation on a global scale. Listed alongside payment giants Visa and Mastercard, Alchemy Pay is recognized as an official payment service provider.
The integration of Scroll with Alchemy Pay marks a significant milestone in their journey to offer seamless fiat-crypto payment solutions. Access to USDT and USDC through Alchemy Pay is expected to drive adoption of these popular cryptocurrencies and contribute to overall market growth.
This collaboration with Scroll is part of Alchemy Pay’s strategic expansion to provide a comprehensive range of services. By bringing new players and partners into the blockchain ecosystem, they aim to address challenges in decentralized finance (DeFi) usability and cryptocurrency conversion.
Tags: ACH