Alchemy Pay will launch virtual crypto cards
Alchemy Pay launched virtual crypto cards which are integrated with the service of giant payment firms Visa and Mastercard. This service of crypto card by Alchemy Pay will facilitate the transactions in crypto-fiat pairs with more than 40 crypto assets support.
Alchemy Pay is a payment platform which works on specially the crypto-fiat based hybrid facilities that allow their users to deal with fiat & crypto based payment/transactions smoothly. Recently Alchemy Pay established a partnership with Binance to allow Binance Pay users to use the Alchemy Pay platform as an integrated service. Now they are looking for something new to experiment with crypto cards.
Related: Binance partners with Alchemy Pay to facilitate crypto fiat transactions
On Monday 9 August, Alchemy announced the launching of Crypto-fiat based Virtual Crypto Card enabled with the support of more than 40 crypto assets including Bitcoin.
Crypto Card can be easily added to the PayPal & GooglePay wallets easily. And also it can be added to e-commerce wallets like Amazon & ebay wallets. Beside these platforms, Alchemy’s Crypto card will be allowed to use at every payment platform where Visa & MasterCard network available.
Through the announcement, Alchemy Pay confirmed that they are ready with their full plans because they already did all needed trials in the beta testing phase. And now they will provide this service with full rollout to all their users at the end of 2021 or may be in the beginning of 2022.
The main reason to bring “Virtual Crypto Card” by AlchemyPay is only because of the growing & increasing demand of such platforms which can give the facility to integrate the traditional financial ecosystem with the crypto industry.
Read also: First Eco-Friendly Brazilian Bitcoin ETF Launched
