
press launch
PRESS RELEASE. Singapore, March 2022 – The fiat-crypto cost options supplier, Alchemy Pay (ACH), and GrePay, international acquirer and funds supplier, announce their partnership. Grepay has over 100 native cost channels that course of over 200k transactions per day. Alchemy Pay will now leverage these channels to attach crypto service suppliers to their international key markets comparable to United Arab Emirates, India, Mexico, Brazil, Colombia, Chile, and Pakistan.
As a part of the partnership, Alchemy Pay will present GrePay with cryptocurrency cost acceptance capabilities. This contains Binance Pay and on-chain transactions for fashionable mainstream cryptocurrencies. In consequence, Grepay’s retailers will all now have the choice to just accept cryptocurrency funds.
Alchemy Pay’s hybrid crypto-fiat cost system permits service provider companions to just accept fashionable cryptocurrencies for immediate offline and on-line funds at a low value and the system is at present supported in additional than 70 international locations and reaches greater than 2 million retailers.
Certainly one of GrePay’s cost channels that Alchemy Pay will first combine is Payby, a number one United Arab Emirates cell cost supplier. Alchemy Pay will allow crypto service suppliers comparable to crypto exchanges to just accept Payby and have entry to customers within the UAE – a key market the place demand for cryptocurrency providers have risen quickly amid the nation’s transfer in the direction of making a cryptocurrency hub.
With region-appropriate licensing and robust technical experience, Grepay gives cross-border retailers with safe, handy native cost services. Grepay is deeply engaged in rising markets and helps 30+ cost currencies with a give attention to diversified localised cost capabilities.
The GrePay partnership comes on the again of Alchemy Pay’s current partnerships with Paytend and NIUM. These companions have significantly elevated Alchemy Pay’s capabilities, not solely in international protection and licensing, but additionally in diminished transaction and working prices. A current results of the improved providers is MEXC trade’s integration of Alchemy Pay’s fiat cost rails that allow their customers in key new Asian markets to deposit and withdraw fiat foreign money.
John Tan, CEO of Alchemy Pay, stated of right now’s announcement, “GrePay expands our international protection when it comes to what we are able to supply our crypto service companions in addition to the crypto cost acceptance that we are able to supply retailers. The aim, in the end, is the promotion of simple adoption and use of crypto for the buyer.”
About Alchemy Pay
Based in Singapore in 2018, Alchemy Pay (ACH) connects fiat and crypto economies for international companies and customers. It gives on-line and offline retailers with handy acceptance of each fiat and cryptocurrency and makes crypto providers accessible to mainstream customers. At present, Alchemy Pay is supported in over 70 international locations with 300 cost channels, has touchpoints with greater than 2 million retailers by partnerships with business leaders comparable to Binance, Shopify, NIUM, and QFPay. Alchemy Pay’s token, ACH, runs on the Ethereum blockchain.
Web site:alchemypay.org
Twitter:twitter.com/alchemypay
Telegram:/t.me/alchemy_official
About GrePay
GrePay was established in 2018 with the goal of serving to Chinese language retailers go abroad to simply and effectively purchase, pay and settle from everywhere in the world. By offering a protected, compliant and developer-friendly API, it integrates and aggregates localised funds in international locations world wide to resolve the normal cross-border enterprise growth issues and supply simple and handy cost options for abroad tasks.
Web site: grepayment.com
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