Alchemy Pay Announces Launch of Virtual Crypto Visa and Mastercard Services

Alchemy Pay has announced that the company is all set to roll out Virtual Crypto-linked Cards to boost the adoption of cryptocurrencies in the payment space. 

Users will be able to link their virtual cards to multiple digital wallets such as PayPal and Google Pay. Besides, it will support more than 40 cryptocurrencies and will be accepted by millions of merchants across the Mastercard and Visa network. 

SEE ALSO: Dataiku’s Valuation Touches $4.6 Billion after Raising $400 Million in Series E Round

More about Alchemy Pay’s virtual card services

The company’s virtual card services will also be accepted across popular e-commerce platforms such as eBay and Amazon. 

As of now, the virtual card services have entered beta testing across various markets after completing development. According to Alchemy Pay, the virtual card service is likely to be launched completely by the end of 2021 or the first quarter of 2022. 

Crypto-linked card transactions have soared across the U.S., and this trend is set to gather further momentum in the upcoming months.

Alchemy Pay plans to jump onto this wave and make it easier to perform crypto-linked card transactions. The financial company is all set to provide virtual card services as a complete suite white-label service to businesses, crypto projects, and conventional institutions who are seeking avenues to integrate crypto-related solutions. 

Promising partnerships and strategic decisions catapult growth

2021 has been an eventful year for Alchemy GPS Singapore. Noteworthy partnerships along with sound business decisions have paved the way for a positive adoption rate of Alchemy Pay crypto. 

A few months back, Alchemy Pay crypto had an almost negligible presence across the crypto ecosystem. However, the scenario has changed, and now it is gradually entering the mainstream market. 

Alchemy Pay entered into a partnership with crypto exchange Binance. Through this partnership, both the companies are looking to create a payment gateway between fiat and crypto via the Binance Pay wallet. 

More about Alchemy Pay

Alchemy Pay is a pioneer of the first-ever hybrid digital and fiat currency gateway solution for investors and businesses. 

At present, the company is operational across 18 countries and has a customer base of more than 2 million merchants due to its partnerships with industry leaders such as QFPay, Arcadier, Shopify, and more. 

SEE ALSO: Square Announces Plans to Acquire Australian Buy-now-pay-later (BNPL) Giant Afterpay

Image Source: Image by Gerd Altmann from Pixabay

Karandeep V

Karandeep was born in Pune, Maharashtra, an upcoming metropolitan city in the Western region of India. While most members of his family are engineers, he had different ideas. He was more inclined toward exploring the non-technical aspects of a business, which is why he studied Bachelors of Business Administration at Symbiosis International University, Pune.  Having said that, his love for new and upcoming technologies remained intact, which is why he has written extensively about technology throughout his career. After a brief stint with a gaming company at the beginning of his career, he discovered that his love for writing was not temporary.  Being a tech geek, he always liked installing and playing around with new applications on his mobile devices and the home desktop. He was fascinated by how technology can simplify even the most mundane and complex tasks with just a few commands. He keeps a close eye on how businesses use different tools to streamline their operations to boost productivity and efficiency.  At ToolsMetric, he writes product reviews that cover the main features and specifications of different enterprise applications. The sheer amount of innovation and hard work that goes into building these tech solutions is one of the reasons why Karandeep loves reviewing these tools. Besides product reviews, he also writes interesting news articles and blogs that track the latest developments in the tech industry.  When he is not writing, you can find him rooted to his seat playing video games, watching movies, or supporting his favorite football team. Since his childhood, he has always loved to travel and explore new places. Traveling is a major part of his life due to a myriad of reasons such as experiencing new cultures, food, and traditions. His other hobbies include playing football, cooking, and running.  You can find him on LinkedIn here.

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