Alchemy Pay, which offers fiat and cryptocurrency payment solutions, allows users to connect their accounts with exchanges and brokerages such as Coinbase, Kraken and Robinhood and pay for orders using their cryptocurrency balances.
The update aims to streamline the cryptocurrency payment process and improve user experience.
This new feature will allow merchants to accept cryptocurrency payments via these methods: Alchemy Payservice.
Currently, 11 exchanges are supported, including Kraken, KuCoin, Paxos, OKX, Bybit, Coinbase, Coinbase Prime, Robinhood, Binance, BinanceUS, and Huobi.
Currently, major cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC are accepted, providing users with multiple payment options.
Users can complete cryptocurrency payments by sending cryptocurrency to an address provided by Alchemy Pay after placing an order.
The solution helps merchants attract new customers and avoid high fees and chargebacks.
Alchemy Pay operates in 173 countries, supports over 50 fiat currencies, offers solutions such as on-ramps and off-ramps, crypto card solutions, NFT checkout, crypto payments, and holds six compliant licenses in four countries.
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